Loretto, TN demographics:
population, income, and more

Total population
1,731
-1.5% year-over-year change
Median household income
$55,592/yr
7.4% year-over-year change
Housing units
744
-1.7% year-over-year change

Loretto population

How many people live in Loretto

Loretto is home to 1,731 residents, according to the most recent Census data. Gender-wise, 47.7% of Loretto locals are male, and 52.3% are female.

Total population
1,731
-1.5% year-over-year change
Gender ratio
Male
47.7%
826
Female
52.3%
905
Value Percent YoY change
Male 826 47.7% -1.3%
Female 905 52.3% -1.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Loretto is 40, with the population distributed as follows: about 19.2% are children under 15, then 9.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.3% of the population, while another 24.7% fall into the 45 to 64 bracket. Finally, around 20.6% are 65 or older.

Median age
39.6
Age breakdown
Under 15
19.2%
15 to 24
9.2%
25 to 44
26.3%
45 to 64
24.7%
Over 65
20.6%
Value Percent YoY change
Under 15 333 19.2% 7.4%
15 to 24 159 9.2% -28.1%
25 to 44 455 26.3% 11.8%
45 to 64 427 24.7% -12.1%
Over 65 357 20.6% 7.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Loretto, 98.7% of the population are US-born citizens, while 0.2% have gained naturalized citizenship. At the same time, 1.2% of residents are non-citizens. There’s also a share of 3.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.7%
Non-U.S.-born citizens
0.2%
Non-citizens
1.2%
Value Percent YoY change
U.S.-born citizens 1,708 98.7% -0.6%
Non-U.S.-born citizens 3 0.2% -25.0%
Non-citizens 20 1.2% -41.2%
Racial breakdown
White
96.5%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.5%
Other
0%
Value Percent
White 1,670 96.5%
Two or more races 61 3.5%

Households in Loretto

A peek inside Loretto households

Loretto has 697 households, with an average of 2 members in each. Of these, 68.6% are families, while the remaining 31.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
697
-2.5% year-over-year change
Average people per household
2
Non-family households
219
Family households
478
Value Percent YoY change
Non-family households 219 31.4% -5.6%
Family households 478 68.6% -1.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Loretto

The housing landscape of Loretto

Loretto's housing consists of 744 units, with 82.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 11.7% of the housing landscape.

Housing units
744
-1.7% year-over-year change
Housing types
Value Percent
1 unit, detached 616 82.8%
1 unit, attached 3 0.4%
2 units 8 1.1%
3 or 4 units 14 1.9%
5 to 9 units 2 0.3%
10 to 19 units 9 1.2%
20 to 49 units 5 0.7%
Mobile home 87 11.7%
Homes built since 2020
0
% year-over-year change

The age of buildings in Loretto

In Loretto, the median construction year is 1972. About 11.7% of homes were built before the 1940s, with another 4.8% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 87 11.7% 10.1%
Built between 1940 and 1949 36 4.8% 33.3%
Built between 1950 and 1959 83 11.2% -38.5%
Built between 1960 and 1969 145 19.5% 30.6%
Built between 1970 and 1979 101 13.6% -30.3%
Built between 1980 and 1989 78 10.5% -17.9%
Built between 1990 and 1999 134 18% 12.6%
Built between 2000 and 2009 56 7.5% 80.7%
Built between 2010 and 2019 24 3.2% 60.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Loretto occupancy rates

Out of the 697 occupied housing units in Loretto, 85.4% are owner-occupied, while 14.6% are lived in by tenants. Meanwhile, 6.3% of all homes on the local market sit vacant.

Occupied housing units
697
-2.5% year-over-year change
Occupancy breakdown
Renter occupied
102
Owner occupied
595
Value Percent YoY
change
Renter occupied 102 14.6% -11.3%
Owner occupied 595 85.4% -0.8%
Unoccupied housing units
6.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Loretto housing costs

Housing costs in Loretto come to a median of $752 per month, while tenants specifically pay a median gross rent of $737.

Median housing costs per month
$752/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Loretto
$737/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Loretto

Loretto education at a glance

About 49% of the population in Loretto went to high school, while 16.5% pursued college studies. Another 10.9% earned an associate degree and 13.4% hold a bachelor’s. Meanwhile, 6.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 47 3.5% -17.5%
High school diploma 652 49% -6.3%
College diploma 219 16.5% -5.2%
Associate degree 145 10.9% 0.7%
Bachelor's degree 178 13.4% 1.1%
Graduate degree 89 6.7% 21.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Loretto

How much people earn in Loretto

The average annual household income in Loretto was $77,945 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +10.4% change from the previous year. At the same time, the median income stood at $55,592, reflecting a +7.4% shift over the same period.

Average household income in Loretto
$77,945/year
10.4% year-over-year change
Median household income in Loretto
$55,592/year
7.4% year-over-year change

Loretto income by age

In Loretto, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $69,375. Those with someone between 45 and 64 in charge, often well established professionally, earn $71,500 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $48,750, while those led by someone over 65, many of whom may be retired, have about $47,604 in earnings. Overall, 91.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $48,750 33.3%
25 - 44 $69,375 N/A
45 - 64 $71,500 22.4%
Over 65 $47,604 10.7%
Above poverty level
1,562
Below poverty level
149
Value Percent YoY
change
Above poverty level 1,562 91.3% 4.1%
Below poverty level 149 8.7% -32.3%

Average renter income in Loretto

To get a better sense of what renters earn on average in Loretto, their median household income was $33,438 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 26.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$33,438
Rent-to-income ratio
26.4%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Loretto

Workforce and job types in Loretto

The job market in Loretto is powered by 786 working residents, spread across a range of industries and roles. 71.1% of the working population are employed in professional or administrative positions, while 28.9% are in hands-on or service-based jobs. Also, 7.6% run their own businesses, 70.2% are employed by private companies, and 14.6% work in the public sector.

Workforce demographics

Working population
786
0.5% year-over-year change
White collar
559
Blue collar
227
Value Percent YoY change
White collar 559 71.1% 5.1%
Blue collar 227 28.9% -9.2%
Employer type
Self employees
7.6%
Private companies
70.2%
Governmental workers
14.6%
Not for profit companies
7.5%
Value Percent YoY change
Self employees 60 7.6% -34.1%
Private companies 552 70.2% 2.0%
Governmental workers 115 14.6% 2.7%
Not for profit companies 59 7.5% 55.3%
Unemployment rate
0.2%
-80.0% year-over-year change

Available workforce

The unemployment rate in Loretto stands at 0.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Loretto

How people get around in Loretto

Commuting methods vary: 90.4% of residents travel by personal vehicle and 2.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 703 90.4% -3.6%
Walk 18 2.3% 157.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Loretto by zipcode?

Zipcode Population Number of households Median income Average income
38469 4,647 1,621 $67,566 $81,744

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FAQs about Loretto demographics 

What is the total population of Loretto?

Loretto has a total population of 1,731 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -1.5% compared to a year ago.

What is the gender ratio in Loretto?

The gender ratio in Loretto is as follows:
  • 47.7% males (826 residents)
  • 52.3% females (905 residents)

What is the median age in Loretto?

The median age in Loretto is 39.6.

What is the age distribution of the population in Loretto?

The age distribution in Loretto is as follows:
  • Under 15: 19.2% (333 residents)
  • Ages 15-24: 9.2% (159 residents)
  • Ages 25-44: 26.3% (455 residents)
  • Ages 45-64: 24.7% (427 residents)
  • Over 65: 20.6% (357 residents)

What is the racial and ethnic makeup of Loretto?

The racial and ethnic makeup of Loretto is as follows:
  • White: 96.5% (1,670 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3.5% (61 residents)
  • Other: 0% (0 residents)

What percentage of the population in Loretto are U.S.-born citizens?

U.S.-born citizens represent 98.7% of the population in Loretto.

How many housing units are there in Loretto?

There are 744 housing units in Loretto, reflecting a -1.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Loretto and what is the average household size?

Loretto has a total of 697 households, with an average of 2 people in each.

What is the median household income in Loretto?

Loretto has a median household income of $55,592, representing a +7.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Loretto?

The employment rate is 99.8% in Loretto, with a workforce of 786 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71.1% (559 residents)
  • Blue-collar workers: 28.9% (227 residents)

Places of employment:
  • Self-employed: 7.6% (60 residents)
  • Private companies: 70.2% (552 residents)
  • Governmental workers: 14.6% (115 residents)
  • Not-for-profit companies: 7.5% (59 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.

Page last updated: September 2025