Skip to content
ZipNumbers

Tennessee · Census place 43700

Loretto city, TN

Quick answer

Loretto city has 1,757 residents, ranking #240 of 504 places in Tennessee. Median household income is $51,771, the median home is worth $133,000 and median gross rent runs $684 a month.

Population
1,757Loretto city residents
Median household income
$51,771Past 12 months, inflation adjusted
Median home value
$133,000Owner-occupied units
Median gross rent
$684Rent plus utilities, monthly
Median age
41.6 yrsAll residents
Homeownership rate
83.9%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 15.9% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13% of residents and 83.9% of households own their home.

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

Compare with nearby places

Places of similar size in Tennessee.

More Tennessee coverage.