Loretto

County:: Hennepin County
County Seat:: No
Area (mi²):: 0.258
State:: Minnesota

Loretto is a city located in Hennepin County, Minnesota. Loretto has a 2025 population of 585. Loretto is currently declining at a rate of -1.85% annually and its population has decreased by -8.88% since the most recent census, which recorded a population of 642 in 2020.

The average household income in Loretto is $160,806 with a poverty rate of 8.74%. The median age in Loretto is 35.6 years: 36.3 years for males, and 35.5 years for females.

Demographics

The racial composition of Loretto includes 93.79% White, 4.97% Black or African American, and smaller percentages for Two or more races, other race, Asian, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Black or African American

Two or more races

Other race

Asian

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	755	93.79%
Black or African American	40	4.97%
Two or more races	7	0.87%
Other race	2	0.25%
Asian	1	0.12%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Loretto Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Loretto's average per capita income is $71,420. Household income levels show a median of $110,833. The poverty rate stands at 8.74%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$167,596	$192,403
Married Families	$164,688	-
Households	$110,833	$160,806
Non Families	$42,125	$51,585

$71,420

Average Income

$110,833

Median Household Income

8.74%

Poverty Rate