Loretto, NE
Population 119 · Nebraska
About Loretto, NE
Loretto is a small community located in Nebraska with a population of 119 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Loretto features a median home value of $0, which is 100% below the national median of $244,900. This makes Loretto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 45 total housing units, 53% are owner-occupied (24 units) and 47% are renter-occupied (21 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Loretto shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Loretto have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
28.2% of Loretto residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Loretto, NE
Compared to national averages, Loretto has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Loretto's income is 100% below the state average of $65,895, and home values are 100% below the state median of $125,824.
Why Live in Loretto, NE?
Loretto offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Loretto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Loretto has a population of 119 with a median age of 34.1 years. Compare Loretto with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
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Economy & Education
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Loretto
What is the population of Loretto, NE?
The population of Loretto, NE is 119 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Loretto?
The median household income in Loretto, NE is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Loretto?
The median home value in Loretto, NE is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Loretto?
The median monthly rent in Loretto, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Loretto?
The unemployment rate in Loretto, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Loretto, NE a good place to live?
Loretto offers a moderate cost of living, affordable housing, and a strong job market. With a population of 119 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Loretto, NE?
28.2% of residents in Loretto aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Loretto?
Key cost-of-living indicators for Loretto, NE: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Loretto?
The poverty rate in Loretto, NE is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Loretto, NE?
Loretto's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.