Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs |
|---|---|
| Avg HH Size | 2.96 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 59.2% ▲ 53% above avg |
| Unemployment | 0.5% ▼ 89% below avg |
| HS Graduate | 428 (17.5%) |
| Some College | 186 (7.6%) |
| Associates | 386 (15.8%) |
| Bachelors | 223 (9.1%) |
| Graduate Degree | 1,225 (50%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $147,256 ▲ 93% above avg |
|---|---|
| Median Home Value | $491,200 ▲ 76% above avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,146/mo |
| Total Housing Units | 1,284 |
| Vacant Units | 32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Loretto is a city in Minnesota, located in Hennepin County. The city spans 6 ZIP codes and is home to approximately 3,704 residents. It is a middle-aged city, with a median age of 44.1 years.
Economically, Loretto is a upper-middle-income community. The median household income of $147,256 is significantly above the national average. Approximately 7.5% of residents live below the poverty line. The unemployment rate is 0.5%, well below the national average.
The real estate market in Loretto is a premium housing market. Median home values stand at $491,200, which is significantly above the national average. Renters typically pay around $1,146 per month. Homeownership is high at 91.1%, typical of suburban and family-oriented communities.
The population of Loretto is well-educated. 59.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (92.71%).
Loretto, MN offers residents above-average earning potential within Minnesota. Spread across 6 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55357 | 3,704 | $147,256 | $491,200 | $1,146 | 0.5% | 59.2% | 91.1% |