Loretto, MI demographics:
population, income, and more
Loretto population
How many people live in Loretto
Loretto is home to 178 residents, according to the most recent Census data. Gender-wise, 48.3% of Loretto locals are male, and 51.7% are female.
Age demographics
The median age in Loretto is 32, with the population distributed as follows: about 21.9% are children under 15, then 19.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.3% of the population, while another 11.2% fall into the 45 to 64 bracket. Finally, around 21.9% are 65 or older.
Racial makeup
In Loretto, 99.4% of the population are US-born citizens, while 0.6% have gained naturalized citizenship.
Households in Loretto
A peek inside Loretto households
Loretto has 65 households, with an average of 3 members in each. Of these, 72.3% are families, while the remaining 27.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Loretto
The housing landscape of Loretto
Loretto's housing consists of 89 units, with 100% being detached single-family homes ideal for those wanting space.
The age of buildings in Loretto
In Loretto, the median construction year is 1938. About 51.7% of homes were built before the 1940s, with another 11.2% going up by 1949. Most development happened in the second half of the 20th century.
Loretto occupancy rates
Out of the 65 occupied housing units in Loretto, 86.2% are owner-occupied, while 13.8% are lived in by tenants. Meanwhile, 27% of all homes on the local market sit vacant.
Loretto housing costs
Education in Loretto
Loretto education at a glance
About 47.7% of the population in Loretto went to high school, while 21.9% pursued college studies. Another 14.1% earned an associate degree and 2.3% hold a bachelor’s. Meanwhile, 14.1% went even further, earning a master’s or doctorate.
Income in Loretto
How much people earn in Loretto
The average annual household income in Loretto was $110,720 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.7% change from the previous year. At the same time, the median income stood at $83,438, reflecting a +2.3% shift over the same period.
Loretto income by age
Those with someone between 45 and 64 in charge, often well established professionally, earn $66,875 overall. Overall, 71.4% of the locals in this community live above the poverty line.
Employment in Loretto
Workforce and job types in Loretto
72.4% of the working population are employed in professional or administrative positions, while 27.6% are in hands-on or service-based jobs. Also, 4% run their own businesses, 72.4% are employed by private companies, and 10.5% work in the public sector.
Workforce demographics
Transportation in Loretto
How people get around in Loretto
What is the median and average household income in Loretto by zipcode?
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FAQs about Loretto demographics
What is the total population of Loretto?
What is the gender ratio in Loretto?
- 48.3% males (86 residents)
- 51.7% females (92 residents)
What is the median age in Loretto?
What is the age distribution of the population in Loretto?
- Under 15: 21.9% (39 residents)
- Ages 15-24: 19.7% (35 residents)
- Ages 25-44: 25.3% (45 residents)
- Ages 45-64: 11.2% (20 residents)
- Over 65: 21.9% (39 residents)
What is the racial and ethnic makeup of Loretto?
- White: 100% (178 residents)
- Black or African American: 0% ( residents)
- American Indian and Alaska Native: 0% ( residents)
- Asian: 0% ( residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 0% ( residents)
- Other: 0% ( residents)
What percentage of the population in Loretto are U.S.-born citizens?
How many housing units are there in Loretto?
How many households are in Loretto and what is the average household size?
What is the median household income in Loretto?
What is the job market overview for Loretto?
Job types:
- White-collar workers: 72.4% (55 residents)
- Blue-collar workers: 27.6% (21 residents)
Places of employment:
- Self-employed: 4% (3 residents)
- Private companies: 72.4% (55 residents)
- Governmental workers: 10.5% (8 residents)
- Not-for-profit companies: 13.2% (10 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.