Loretto, KY

Census Place

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2023 Population

730

14.1% 1-year growth

2023 Median Property Value

$178,300

43.8% 1-year growth

About

In 2023, Loretto, KY had a population of 730 people with a median age of N/A and a median household income of N/A. Between 2022 and 2023 the population of Loretto, KY grew from 640 to 730, a 14.1% increase and its median household income N/A from N/A to N/A, a N/A% N/A.

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N/A of the households in Loretto, KY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

In 2023, the median property value in Loretto, KY was $178,300, and the homeownership rate was 94%.

Most people in Loretto, KY drove alone to work, and the average commute time was 30.9 minutes. The average car ownership in Loretto, KY was 2 cars per household.

United States Kentucky Marion County, KY Lincoln Trail Area Development District (East/West) PUMA, KY

Economy

The economy of Loretto, KY employs N/A people. The largest industries in Loretto, KY are Manufacturing (109 people), Health Care & Social Assistance (50 people), and Retail Trade (40 people), and the highest paying industries are N/A.

Employment

Occupations

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N/A Value

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From N/A to N/A, employment in Loretto, KY stayed at a rate of NaNN%, from N/A employees to N/A employees.

The most common job groups, by number of people living in Loretto, KY, are N/A. This chart illustrates the share breakdown of the primary jobs held by residents of Loretto, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for undefined.

This chart shows weekly unemployment insurance claims in N/A (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

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N/A Value

± N/A

From N/A to N/A, employment in Loretto, KY stayed at a rate of NaNN%, from N/A employees to N/A employees.

The most common employment sectors for those who live in Loretto, KY, are Manufacturing (109 people), Health Care & Social Assistance (50 people), and Retail Trade (40 people). This chart shows the share breakdown of the primary industries for residents of Loretto, KY, though some of these residents may live in Loretto, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$53,333

Median earning men ± $24,128

$37,679

Median earning women ± $7,810

The industries with the best median earnings for men in 2023 are Transportation & Warehousing, & Utilities ($76,667), Construction ($72,813), and Manufacturing ($60,893).

The industries with the best median earnings for women in 2023 are Other Services Except Public Administration ($45,625), Manufacturing ($43,750), and Finance & Insurance, & Real Estate & Rental & Leasing ($41,563).

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for N/A.

Measure

In 2022, NaNN% of men over 25 years of age had not completed any academic degree (no schooling), while NaNN% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for N/A.

Race

The most common educational levels obtained by the working population in 2022 were N/A.

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Loretto, KY was $178,300 in 2023, which is NaNN times the same as the national average of N/A. Between 2022 and 2023 the median property value increased from $124,000 to $178,300, a 43.8% increase. The homeownership rate in Loretto, KY is 94%, which is approximately the same as the national average of N/A%.

People in Loretto, KY have an average commute time of 30.9 minutes, and they drove alone to work. Car ownership in Loretto, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$178,300

Median Property Value 2023

±$24,554

N/A

Median Property Taxes

±N/A

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Loretto, KY the largest share of households pay taxes in the N/A range.

The chart underneath the paragraph shows the property taxes in Loretto, KY compared to it's parent and neighbor geographies.

Equity

Income by Location

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The following map shows all of the places in Loretto, KY colored by their Median Household Income (N/A).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

N/A

Median Household Income

± N/A

N/A

Number of Households

± N/A

In N/A, the median household income of the N/A households in Loretto, KY N/A N/A from the previous year's value of N/A.

The following chart displays the households in Loretto, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the N/A range.

Wage Distribution

The closest comparable wage GINI for Loretto, KY is from Kentucky.

0.452

2022 Wage GINI in Kentucky

0.453

2021 Wage GINI in Kentucky

In 2022, the income inequality in Kentucky was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.286% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (92.1%)
Carpooled (5.25%)
Walked (1.64%)

In 2023, 92.1% of workers in Loretto, KY drove alone to work, followed by those who carpooled to work (5.25%) and those who walked to work (1.64%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

30.9 minutes

Average Travel Time

Using averages, employees in Loretto, KY have a longer commute time (30.9 minutes) than the normal US worker (26.6 minutes). Additionally, 4.97% of the workforce in Loretto, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Loretto, KY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Loretto, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Loretto, KY have 2 cars.

Poverty

Poverty & Diversity

N/A% of the population for whom poverty status is determined in Loretto, KY (N/A out of N/A people) live below the poverty line, a number that is approximately the same as the national average of 12.4%. The largest demographic living in poverty are N/A N/A, followed by N/A N/A and then N/A N/A.

The most common racial or ethnic group living below the poverty line in Loretto, KY is N/A, followed by N/A and N/A.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

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In N/A, N/A had the highest N/A in the nation, at N/A. N/A has the second highest (N/A), followed by N/A (N/A).

The following map shows the N/A by state over multiple years.

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The following chart shows the number of people with health coverage by gender.

Uninsured People

N/A%

Uninsured

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Employer Coverage

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Medicaid

N/A%

Medicare

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Non-Group

N/A%

Military or VA

Between N/A and N/A, the percent of uninsured citizens in Loretto, KY N/A by N/A from N/A% to N/A%.

The following chart shows how the percent of uninsured individuals in Loretto, KY changed over time compared with the percent of individuals enrolled in various types of health insurance.

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