Loretto, KY

Census Place

2024 Population

683

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

42.8

1.9% 1-year increase

2024 Poverty Rate

8.2%

14.7% 1-year decrease

2024 Median Household Income

$61,250

3.76% 1-year growth

2024 Median Property Value

$183,100

2.69% 1-year growth

Population & Diversity

Loretto, KY is home to a population of 683 people, from which 100% are citizens.

As of 2024, 0.439% of Loretto, KY residents were born outside of the country (3 people).

In 2024, there were 134 times more White (Non-Hispanic) residents (672 people) in Loretto, KY than any other race or ethnicity. There were 5 Two Races Including Other (Hispanic) and 3 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Loretto, KY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Loretto, KY was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Loretto, KY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Loretto, KY

White (Non-Hispanic)
672 ± 180
Two Races Including Other (Hispanic)
5 ± 7
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
3 ± 4

1.17%

Hispanic Population

8 people

1.17% of the people in Loretto, KY are hispanic (8 people).

The following chart shows the 8 races represented in Loretto, KY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Foreign-Born Population

0.439%

2024 Foreign-Born Population

3 people

0.411%

2023 Foreign-Born Population

3 people

As of 2024, 0.439% of Loretto, KY residents (3 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Loretto, KY was 0.411%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Loretto, KY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
10 ± 19
Vietnam
6 ± 20

Loretto, KY has a large population of military personnel who served in Gulf War (1990s), 1.67 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Loretto, KY.

Economy

The economy of Loretto, KY employs 291 people. In 2024, the largest industries in Loretto, KY were Manufacturing (95 people), Health Care & Social Assistance (50 people), and Retail Trade (37 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($85,250), Manufacturing ($60,125), and Finance & Insurance ($41,667).

Employment

Occupations

291

2024 Value

± 85

−7.62%

1 Year decline

± 43.7%

From 2023 to 2024, employment in Loretto, KY declined at a rate of −7.62%, from 315 employees to 291 employees.

The most common job groups, by number of people living in Loretto, KY, are Management Occupations (44 people), Production Occupations (42 people), and Material Moving Occupations (27 people). 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 Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (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.

Industries

Employment by Industries

291

2024 Value

± 85

−7.62%

1 Year decline

± 43.7%

From 2023 to 2024, employment in Loretto, KY declined at a rate of −7.62%, from 315 employees to 291 employees.

The most common employment sectors for those who live in Loretto, KY, are Manufacturing (95 people), Health Care & Social Assistance (50 people), and Retail Trade (37 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

$43,750

Median earning men ± $25,601

$40,132

Median earning women ± $10,839

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($85,250), Manufacturing ($60,625), and Construction ($37,361).

The industries with the best median earnings for women in 2024 are Manufacturing ($56,667), Finance & Insurance, & Real Estate & Rental & Leasing ($41,667), and Educational Services, & Health Care & Social Assistance ($33,125).

Housing & Living

The median property value in Loretto, KY was $183,100 in 2024, which is 0.55 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $178,300 to $183,100, a 2.69% increase. The homeownership rate in Loretto, KY is 89.6%, which is higher than the national average of 65.2%.

People in Loretto, KY have an average commute time of 33.1 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

$183,100

Median Property Value 2024

±$48,963

$249

Median Property Taxes

±$52

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 < $800 range.

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

Rent vs Own

89.6%

Homeownership

2024

59.1%

Homeowners with Mortgage

2024

In 2024, 89.6% of the housing units in Loretto, KY were occupied by their owner. This percentage declined from the previous year's rate of 94%.

This chart shows the percentage of owner in Loretto, KY compared it's parent and neighboring geographies.

Equity

Household Income

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

$61,250

Median Household Income

± $10,607

278

Number of Households

± 61

In 2024, the median household income of the 278 households in Loretto, KY grew to $61,250 from the previous year's value of $59,028.

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 $75k - $100k range.

Wage Distribution

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

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. 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 2024

Drove Alone (91.2%)
Carpooled (7.02%)
Worked At Home (1.75%)

In 2024, 91.2% of workers in Loretto, KY drove alone to work, followed by those who carpooled to work (7.02%) and those who worked at home (1.75%).

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

33.1 minutes

Average Travel Time

Using averages, employees in Loretto, KY have a longer commute time (33.1 minutes) than the normal US worker (26.4 minutes). Additionally, 5% 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

8.2% of the population for whom poverty status is determined in Loretto, KY (56 out of 683 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Females 65 - 74 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Loretto, KY is White, followed by Other and Hispanic.

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

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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