Loretto is a city located in Hennepin County Minnesota. Loretto has a 2024 population of 598. Loretto is currently declining at a rate of -1.81% annually and its population has decreased by -6.85% since the most recent census, which recorded a population of 642 in 2020.
The average household income in Loretto is $143,913 with a poverty rate of 7.64%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Loretto is 38.3 years, 40.7 years for males, and 36.2 years for females.
According to the most recent ACS, the racial composition of Loretto was:
White
Black or African American
Two or more races
Asian
Native American
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 289 | 2.6 | 76.8 | 23.2 |
| Married | 147 | 3.31 | 93.9 | 6.1 |
| Non Family | 102 | 1.12 | 46.1 | 53.9 |
| Male | 22 | 3.77 | 100 | 0 |
| Female | 18 | 3.78 | 83.3 | 16.7 |
3.17
Average Family Size
2.6
Average Household Size
76.8%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among hispanic people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 50.72%.
All
Male
Female
$66,406
Average Earnings
$91,563
Average Male
$58,981
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
95.97% of Loretto residents speak only English, while 4.03% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.87% of the population.
rate
7.64%
Overall Poverty Rate
9.24%
Male Poverty Rate
6.08%
Female Poverty Rate
The race most likely to be in poverty in Loretto is Black, with 100% below the poverty level.
The race least likely to be in poverty in Loretto is White, with 4.86% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.05%. Among those working part-time, it was 9.91%, and for those that did not work, the poverty rate was 16%.
Married
Widowed
Divorced
Separated
NeverMarried
51.3%
Overall Marriage Rate
51.9%
Male Marriage Rate
50.5%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
9.09%
Veteran Poverty Rate
24.24%
Veteran Disability Rate
LaborForceParticipation
69.3%
Labor Force Participation
68.7%
Employment Rate
0.8%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
68.71%
Born in Loretto
97.2%
Native Born
2.8%
Foreign Born
0%
Non Citizen
2.8%
Naturalized
97.2% of Loretto residents were born in the United States, with 68.71% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Africa.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 543 | -11 | -1.99% |
| 2028 | 554 | -11 | -1.95% |
| 2027 | 565 | -11 | -1.91% |
| 2026 | 576 | -11 | -1.87% |
| 2025 | 587 | -11 | -1.84% |
| 2024 | 598 | -11 | -1.81% |
| 2023 | 609 | -11 | -1.77% |
| 2022 | 620 | -12 | -1.9% |
| 2021 | 632 | -10 | -1.56% |
| 2020 | 642 | -22 | -3.31% |
| 2019 | 664 | -1 | -0.15% |
| 2018 | 665 | -3 | -0.45% |
| 2017 | 668 | 1 | 0.15% |
| 2016 | 667 | 3 | 0.45% |
| 2015 | 664 | 2 | 0.3% |
| 2014 | 662 | -2 | -0.3% |
| 2013 | 664 | 2 | 0.3% |
| 2012 | 662 | 7 | 1.07% |
| 2011 | 655 | 7 | 1.08% |
| 2010 | 648 | 0 | 0% |