Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs |
|---|---|
| Avg HH Size | 2.77 |
| Below Poverty | 13.6% ▲ 36% above avg |
| College Grads | 32.8% ▼ 15% below avg |
| Unemployment | 2.8% ▼ 44% below avg |
| No HS Diploma | 54 (2%) |
| HS Graduate | 1,121 (40.6%) |
| Some College | 428 (15.5%) |
| Associates | 253 (9.2%) |
| Bachelors | 321 (11.6%) |
| Graduate Degree | 584 (21.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,903 ▼ 18% below avg |
|---|---|
| Median Home Value | $161,900 ▼ 42% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $680/mo |
| Total Housing Units | 1,776 |
| Vacant Units | 113 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Loretto is a city in Tennessee, located in Lawrence County. The city spans 1 ZIP code and is home to approximately 4,608 residents. It is a middle-aged city, with a median age of 40.9 years.
Economically, Loretto is a solidly middle-class community. The median household income of $62,903 is below the national average. Approximately 13.6% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Loretto is an affordable housing market. Median home values stand at $161,900, which is below the national average. Renters typically pay around $680 per month. Homeownership is high at 86.8%, typical of suburban and family-oriented communities.
The population of Loretto is moderately educated. 32.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.51%).
Loretto, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38469 | 4,608 | $62,903 | $161,900 | $680 | 2.8% | 32.8% | 86.8% |