City profile · Minnesota · Census ACS 2023

Loretto, MN

Population, income, housing, safety, climate and schools for Loretto - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

805
Residents
$110,833
Median income
$350,600
Median home
$1,709
Median rent (state)

Loretto - the verdict

Nationally, Loretto sits in the 83rd percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

83rd
percentile, household income
72nd
percentile, home value
68th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Loretto, MN

Loretto is a small town in Minnesota, home to 805 residents per U.S. Census Bureau ACS 2023 estimates. Median household income here is $110,833 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 6.8%. Home values in Loretto run a median of $350,600, and the median resident age is 35.6 years. Educational attainment runs 47.6% of adults with a bachelor's degree or higher. Separately, 73.2% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 0 residential units were authorized in 2024 (No Permits), down 100% from five years earlier.

Minnesota tracks close to the national cost-of-living baseline: the state registers 98.6 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,709 per month statewide. Statewide, average monthly utility bills in Minnesota run around $225, per EIA 2023 residential energy data. Natural-hazard exposure scores 98.3 out of 100 on FEMA's National Risk Index (Very High).

Population

805 residents

Census ACS 2023 - Minnesota

Median Household Income

$110,833 /yr

Poverty 6.8%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Loretto compare to other US cities?

Here's how Loretto stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 83% higher than other cities
Home value 72% pricier than other cities
Median rent 68% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Loretto against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Bachelor's Degree or Higher is Loretto's strongest outlier among Minnesota cities

Among the 784 Minnesota cities PlainCities tracks with reported bachelor's degree or higher data, Loretto ranks #70 - the 91st percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Loretto only against its own state's cities, not the full US field.

Median Household Income
#90 of 775
88th percentile in Minnesota
Median Gross Rent
#1 of 785
77th percentile in Minnesota
Median Home Value
#93 of 774
88th percentile in Minnesota
Poverty Rate
#320 of 785
59th percentile in Minnesota
Bachelor's Degree or Higher
#70 of 784
91st percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

83rdIncome percentile

83rd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Loretto's home value compares nationally

Median home value vs. every US city (population 1,000+)

$350,600 28th percentile more affordable than 28% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). This entry sits in this band. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Loretto $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Loretto, MN Loretto, MN's reported median household income shown against the U.S. national quintile-share pattern (not Loretto, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Loretto, MN median $110,833/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Loretto, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Loretto, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 47.6%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 6.8%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 73.2%

Census ACS S2301, share of working-age residents in the labor force

Population
805
Median Income
$110,833
Median Home Value
$350,600
Median Age
35.6
Poverty Rate
6.8%
Labor force participation
73.2%
Bachelor's Degree+
47.6%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
600 residents610 residents620 residents630 residents640 residents650 residents 202020212022202320242025 643 residents 613 residents ▼ -4.7%
Loretto's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 2
2021 0
2022 0
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
76.5%
Carpool
3.3%
Public Transit
0.7%
Walk
2.4%
Work from Home
17.2%

Based on 425 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Loretto sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,709/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
98.3 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Minnesota

Lanesboro
804 people
Landfall
802 people
Watkins
797 people
Battle Lake
794 people
Hancock
816 people
Le Roy
790 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Loretto's 805 residents (Census ACS 5-Year 2023).

Kanawha, IA
805 people
Brooksville, KY
805 people
Greendale, MO
805 people
Bloomsbury, NJ
805 people
Sweetwater, NJ
805 people
Netarts, OR
805 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Loretto's $110,833 (Census ACS 5-Year 2023, table B19013).

Lake Meade, PA
$110,833 median income
Lackland AFB, TX
$110,833 median income
Monroe, NY
$110,806 median income
Wales, WI
$110,804 median income
Phippsburg, CO
$110,870 median income
Gunter, TX
$110,795 median income

Race & Ethnicity Composition

Race and ethnicity - Loretto, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Loretto, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 93.8% ETHNICITY, Hispanic or Latino (any race) 1.4% White 93.8% Black or African American 5.0% Asian 0.1% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.3% Two or more races 0.9% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Loretto compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Loretto (this city) 805 $110,833
Lanesboro 804 $80,000
Landfall 802 $39,938
Watkins 797 $50,875
Census ACS 5-year FIPS MN Census BPS 2024 OMB Bulletin 23-01

What do people ask about Loretto, MN?

What is the population of Loretto, MN? +

Loretto, MN has a population of 805 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Loretto, MN? +

In Loretto, the typical household earns $110,833 per year, based on Census ACS 2023 data.

What is the cost of living in Loretto? +

BEA does not publish a city-level cost-of-living figure for Loretto; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

What is the median home value in Loretto, MN? +

The median home value in Loretto is $350,600, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.