In 2023, Loretto, TN had a population of 1.76k people with a median age of 41.6 and a median household income of $51,771. Between 2022 and 2023 the population of Loretto, TN declined from 1,811 to 1,757, a −2.98% decrease and its median household income grew from $49,323 to $51,771, a 4.96% increase.
The 5 largest ethnic groups in Loretto, TN are White (Non-Hispanic) (95.1%), Two+ (Non-Hispanic) (4.78%), Two+ (Hispanic) (0.114%), White (Hispanic) (0%), and Black or African American (Non-Hispanic) (0%).
None of the households in Loretto, TN 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.
98.1% of the residents in Loretto, TN are U.S. citizens.
In 2023, the median property value in Loretto, TN was $133,000, and the homeownership rate was 83.9%.
Most people in Loretto, TN drove alone to work, and the average commute time was 26.9 minutes. The average car ownership in Loretto, TN was 2 cars per household.