All Countries
Loretto, TN
Full City Profile · Tennessee · Lawrence County County
3.1
/5.0
B
Good
1,757
Population
465/sq mi density
$51,771
Median Income
$29,114 per capita
$133,000
Home Value
$235,210 Zillow
$684
Median Rent
22.8% income on rent
59°F
Avg Temperature
318 sunny days/yr
391
Violent Crime/100K
503 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$51,771 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$133,000 home value, $684/mo rent
F
Safety
1.0 / 5.0
391 violent crimes/100K (3% above avg)
C+
Education
2.5 / 5.0
19.2% bachelor's degree or higher
Income Overview
Median Household Income
$51,771
31% below
US avg: $75,149
Per Capita Income
$29,114
25% below
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
8.1%
35% below
US avg: 12.4%
Income Comparison: Loretto vs. U.S. Average
Each bar shows Loretto’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$51,771
69%
Per Capita
US: $39,052
$29,114
75%
IRS Avg AGI
US: $72,000
$56,896
79%
Avg Weekly Wage
US: $1,432
$880
61%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$880
39% below US avg ($1,432)
Mean Commute Time
27 min
3% below US avg (28 min)
Work From Home
4.6%
70% below US avg (15.2%)
Drive Alone
83.3%
14% above US avg (73.2%)
Public Transit
0.9%
82% below US avg (5.0%)
County GDP
$1,585M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.3%
Public Transit
0.9%
Work From Home
4.6%
Other
11.2%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
931
Restaurants
65
Healthcare
87
Retail
175
Manufacturing
58
Tax & Financial
IRS Avg Adjusted Gross Income
$56,896
21% below US avg ($72,000)
Avg Property Tax
$2,800
20% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $51,771 |
| Per Capita Income | $29,114 |
| IRS Avg Adjusted Gross Income | $56,896 |
| Avg Weekly Wage | $880 |
| County GDP | $1,585M |
Hardship Indicators
| Unemployment Rate | 0.7% |
| Poverty Rate | 8.1% |
| Gini Coefficient | 0.464 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 83.3% |
| Public Transit | 0.9% |
| Work From Home | 4.6% |
Businesses
| Total Establishments | 931 |
| Restaurants | 65 |
| Healthcare | 87 |
| Retail | 175 |
| Manufacturing | 58 |
Tax
| IRS Avg AGI | $56,896 |
| Avg Property Tax | $2,800 |