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ZipNumbers

Kentucky · Census place 47710

Loretto city, KY

Quick answer

Loretto city has 730 residents, ranking #289 of 554 places in Kentucky. Median household income is $59,028, the median home is worth $178,300 and median gross rent runs $775 a month.

Population
730Loretto city residents
Median household income
$59,028Past 12 months, inflation adjusted
Median home value
$178,300Owner-occupied units
Median gross rent
$775Rent plus utilities, monthly
Median age
42 yrsAll residents
Homeownership rate
94%Owner-occupied households

What the numbers mean in Loretto city

Housing cost measured against local earnings.

A household earning the Loretto city median would spend about 15.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.6% of residents and 94% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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