Loretto, MN

Census Place

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2024 Population
784
US Senator
Amy Klobuchar
Democratic(DFL) Party
US Senator
Tina Smith
Democratic(DFL) Party
2024 Median Age
37
3.93% 1-year increase
2024 Poverty Rate
7.45%
14.8% 1-year decrease
2024 Median Household Income
$114,167
3.01% 1-year growth
2024 Median Property Value
$361,500
3.11% 1-year growth
2024 Employed Population
436
1.87% 1-year growth

About

None of the households in Loretto, MN 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.

100% of the residents in Loretto, MN are U.S. citizens.

In 2024, the median property value in Loretto, MN was $361,500, and the homeownership rate was 83.8%.

Most people in Loretto, MN drove alone to work, and the average commute time was 28.5 minutes. The average car ownership in Loretto, MN was 2 cars per household.

United StatesMinnesotaHennepin County, MNMinneapolis-St. Paul-Bloomington, MN-WIHennepin County (West)--Champlin, Rogers Cities & Lake Minnetonka PUMA, MN

Population & Diversity

Loretto, MN is home to a population of 784 people, from which 100% are citizens. As of 2024, 3.19% of Loretto, MN residents were born outside of the country (25 people).

In 2024, there were 21 times more White (Non-Hispanic) residents (736 people) in Loretto, MN than any other race or ethnicity. There were 35 Black or African American (Non-Hispanic) and 6 Two Races Including Other (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, MN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Loretto, MN was 100%, meaning that the rate of citizenship has been maintaining.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Loretto, MN
  1. White (Non-Hispanic)
    736 ± 201
  2. Black or African American (Non-Hispanic)
    35 ± 60
  3. Two Races Including Other (Hispanic)
    6 ± 10
1.15%
Hispanic Population
9 people

In 2024, there were 21 times more White (Non-Hispanic) residents (736 people) in Loretto, MN than any other race or ethnicity. There were 35 Black or African American (Non-Hispanic) and 6 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

1.15% of the people in Loretto, MN are hispanic (9 people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.
Most Common Origin
  1. Mexico
    58,764 ± 5,921 people
  2. Somalia
    36,253 ± 4,660 people
  3. India
    31,836 ± 4,368 people

In 2023, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 58,764 Minnesota residents, followed by Somalia with 36,253 and India with 31,836.

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Foreign-Born Population

3.19%
2024 Foreign-Born Population
25 people
3.98%
2023 Foreign-Born Population
32 people

As of 2024, 3.19% of Loretto, MN residents (25 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, MN was 3.98%, meaning that the rate has been decreasing.

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

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Military

Veterans

Most Common Service Period
  1. Vietnam
    9 ± 17
  2. Gulf War (2001-)
    8 ± 20
  3. Gulf War (1990s)
    3 ± 12

Loretto, MN has a large population of military personnel who served in Vietnam, 1.13 times greater than any other conflict.

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

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Economy

The economy of Loretto, MN employs 436 people. In 2024, the largest industries in Loretto, MN were Retail Trade (64 people), Finance & Insurance (64 people), and Manufacturing (61 people), and the highest paying industries were Real Estate & Rental & Leasing ($160,417), Professional, Scientific, & Technical Services ($100,833), and Wholesale Trade ($96,250).

Employment

Occupations

436
2024 Value
± 94
1.87%
1 Year growth
± 29.7%

From 2023 to 2024, employment in Loretto, MN grew at a rate of 1.87%, from 428 employees to 436 employees.

The most common job groups, by number of people living in Loretto, MN, are Management Occupations (87 people), Business & Financial Operations Occupations (44 people), and Sales & Related Occupations (43 people). This chart illustrates the share breakdown of the primary jobs held by residents of Loretto, MN.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Minnesota (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

436
2024 Value
± 94
1.87%
1 Year growth
± 29.7%

From 2023 to 2024, employment in Loretto, MN grew at a rate of 1.87%, from 428 employees to 436 employees.

The most common employment sectors for those who live in Loretto, MN, are Retail Trade (64 people), Finance & Insurance (64 people), and Manufacturing (61 people). This chart shows the share breakdown of the primary industries for residents of Loretto, MN, though some of these residents may live in Loretto, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$79,286
Median earning men ± $20,088
$63,611
Median earning women ± $11,249

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($172,750), Finance & Insurance, & Real Estate & Rental & Leasing ($160,417), and Manufacturing ($114,167).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($86,667), Manufacturing ($71,250), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($68,889).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Minnesota.
Y-Axis
2.26%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.93M people employed in Minnesota. This represents a 2.26% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.4%.

The following chart shows monthly employment numbers for each industry sector in Minnesota.

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Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Loretto, MN. Showing the available data for Minnesota.
2024 Election Results
  1. Kamala Harris (50.9%)
    Democratic Party
  2. Donald J. Trump (46.7%)
    Republican Party
  3. Robert Kennedy (0.738%)
    Independent Party

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.
Amy Klobuchar
Senator from Minnesota1
Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.
Tina Smith
Senator from Minnesota2
Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Loretto, MN was $361,500 in 2024, which is 1.09 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $350,600 to $361,500, a 3.11% increase. The homeownership rate in Loretto, MN is 83.8%, which is higher than the national average of 65.2%.

People in Loretto, MN have an average commute time of 28.5 minutes, and they drove alone to work. Car ownership in Loretto, MN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$361,500
Median Property Value 2024
±$19,898
$243
Median Property Taxes
±$63

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, MN the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

83.8%
Homeownership
2024
55.8%
Homeowners with Mortgage
2024

In 2024, 83.8% of the housing units in Loretto, MN were occupied by their owner. This percentage grew from the previous year's rate of 82.7%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$114,167
Median Household Income
± $27,460
290
Number of Households
± 62

In 2024, the median household income of the 290 households in Loretto, MN grew to $114,167 from the previous year's value of $110,833.

The following chart displays the households in Loretto, MN 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 $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Loretto, MN is from Minnesota.
0.454
2023 Wage GINI in Minnesota
0.458
2022 Wage GINI in Minnesota

In 2023, the income inequality in Minnesota was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 0.78% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (71.8%)
  2. Worked At Home (19.2%)
  3. Carpooled (5.79%)

In 2024, 71.8% of workers in Loretto, MN drove alone to work, followed by those who worked at home (19.2%) and those who carpooled to work (5.79%).

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.

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Commute Time

28.5 minutes
Average Travel Time

Using averages, employees in Loretto, MN have a longer commute time (28.5 minutes) than the normal US worker (26.4 minutes). Additionally, 4.3% of the workforce in Loretto, MN have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

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

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Poverty

Poverty & Diversity

7.45% of the population for whom poverty status is determined in Loretto, MN (58 out of 779 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 Males 6 - 11, followed by Females 35 - 44 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Loretto, MN is Black, followed by White and Native American.

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.

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Health

96.6% of the population of Loretto, MN has health coverage, with 56.9% on employee plans, 10.1% on Medicaid, 11.1% on Medicare, 16.3% on non-group plans, and 2.17% on military or VA plans.

Primary care physicians in Minnesota see 1,134 patients per year on average, which represents a 0% change from the previous year (1,134 patients). Compare this to dentists who see 1287 patients per year, and mental health providers who see 278 patients per year.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 29.2% under 18 years, 14.5% between 18 and 34 years, 41.8% between 35 and 64 years, and 14.4% over 64 years.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

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

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Uninsured People

3.44%
Uninsured
56.9%
Employer Coverage
10.1%
Medicaid
11.1%
Medicare
16.3%
Non-Group
2.17%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Loretto, MN declined by 10.6% from 3.85% to 3.44%.

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

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