Loretto, MN

Census Place

2024 Population

784

US Senator

Amy Klobuchar

Democratic(DFL) Party

US Senator

Tina Smith

Democratic(DFL) Party

2024 Median Age

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

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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Loretto, MN

White (Non-Hispanic)
736 ± 201
Black or African American (Non-Hispanic)
35 ± 60
Two Races Including Other (Hispanic)
6 ± 10

1.15%

Hispanic Population

9 people

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.

Global Diversity

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

Most Common Origin

Mexico
61,898 ± 6,075 people
Somalia
36,765 ± 4,692 people
India
31,170 ± 4,323 people

In 2024, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 61,898 Minnesota residents, followed by Somalia with 36,765 and India with 31,170.

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.

Military

Veterans

Most Common Service Period

Vietnam
9 ± 17
Gulf War (2001-)
8 ± 20
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.

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.

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.

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.

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).

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

Presidential Popular Vote Over Time

Voting results are not available for Loretto, MN. Showing the available data for Minnesota.

2024 Election Results

Kamala Harris (50.9%)
Democratic Party
Donald J. Trump (46.7%)
Republican Party
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.

Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.

Amy Klobuchar

Senator from Minnesota

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 Minnesota

Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.{{Cite news |url=http://abc7chicago.com/news/franken-to-make-announcement-thursday-as-chorus-grows-for-his-resignation/2747124/ |title=Franken to make announcement Thursday as chorus grows for his resignation |date=December 6, 2017 |work=ABC7 Chicago |access-date=December 9, 2017 }}

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.

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.

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.

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.

Wage Distribution

The closest comparable wage GINI for Loretto, MN is from Minnesota.

0.452

2024 Wage GINI in Minnesota

0.454

2023 Wage GINI in Minnesota

In 2024, the income inequality in Minnesota was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.568% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.474. 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (71.8%)
Worked At Home (19.2%)
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.

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.

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.

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.

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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