Loretto vs Hancock
Side-by-side comparison
How does Loretto, MN compare to Hancock, MN? Loretto has a population of 805 with a median household income of $110,833, while Hancock has 816 residents and a median income of $69,712. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Loretto, MN | Hancock, MN | Difference |
|---|---|---|---|
| Population | 805 | 816 | -1.3% |
| Median Age | 35.6 | 33.6 | +6.0% |
| Foreign Born % | 4% | 3.1% | +29.0% |
| Metric | Loretto | Hancock | Difference |
|---|---|---|---|
| Median Income | $110,833 | $69,712 | +59.0% |
| Unemployment | 1.4% | 3.5% | -60.0% |
| Poverty Rate | 8.7% | 5.2% | +67.3% |
| Bachelor's+ | 47.6% | 16.1% | +195.7% |
| Metric | Loretto | Hancock | Difference |
|---|---|---|---|
| Home Value | $350,600 | $79,600 | +340.5% |
| Median Rent | $888/mo | $738/mo | +20.3% |
| Housing Units | 290 | 365 | -20.5% |