Loretto, Kentucky Statistic: Population, Charts, Map, Steets and More

Located in Hennepin County, Minnesota, Loretto has a population of about 650 people, according to the 2010 census. Approximately 975 people live in every square mile, making Loretto a fairly ethnically diverse city. Many residents report being of white, Asian, Norwegian, Irish, or German descent. Most residents also report speaking English as their native language.

The population of Loretto is expected to reach 1,798 in 2020. This makes it the eighty-third largest city in the United States and the 180th largest city in Tennessee. The population is growing at a rate of 0.50% per year and has increased by almost 9% since the 2010 census. It is spread over 4 square miles and has a population density of 481 people per square mile.

The median household income in Loretto is $38,750. The median age of Loretto residents is 45.8%. Loretto has a low poverty rate of 10.3%. Almost 20% of the population is over the age of eighteen, which puts the city in a lower-middle class category than most. Its median household income is $38,750, making it the cheapest place to live in Loretto.

The median gross rent in Loretto was $588 per month in 2010; this includes utility bills and some other costs associated with renting a unit. This is slightly higher than the 29.3% state average. However, the rent burdens of neighboring cities are much higher, with Willisburg at 50.7% and Muldraugh at 37.9%. In Loretto, 18.7% of the housing units are occupied by renters.