Loretto, PA
Population 1,370 · Pennsylvania
About Loretto, PA
Loretto is a small community in Pennsylvania with a population of 1,370 residents. The median household income is $61,591 per year, which is near the national average. The median age in Loretto is 20.5 years.
Housing in Loretto has a median home value of $187,500 and median monthly rent of $0. Of the 175 total housing units, the majority are owner-occupied, with 74 owner-occupied and 30 renter-occupied units.
The unemployment rate in Loretto is 5.4% and the poverty rate is 41.2%. 52.8% of residents hold a bachelor's degree or higher. The average commute time is 13.4 minutes.
Cost of Living in Loretto, PA
Compared to national averages, Loretto has a median household income of $61,591 (18% below the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Loretto's income is 16% below the state average of $73,376, and home values are 2% below the state median of $190,903.
Why Live in Loretto, PA?
Loretto offers affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a well-educated community where 52.8% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 13.4 minutes.
Potential considerations include median household income ($61,591) 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 1,370 with a median age of 20.5 years. Compare Loretto with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Loretto
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Troy | 1,373 | $49,583 | $148,600 | Compare |
| Factoryville | 1,374 | $51,635 | $187,500 | Compare |
| Burgettstown | 1,376 | $58,000 | $140,800 | Compare |
| New Beaver | 1,377 | $61,364 | $130,600 | Compare |
| Elizabeth | 1,378 | $45,278 | $109,800 | Compare |
| Montgomery | 1,379 | $56,490 | $126,200 | Compare |
| Dalton | 1,381 | $91,667 | $247,900 | Compare |
| Bainbridge | 1,357 | $95,368 | $222,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Loretto, PA is 1,370 according to the latest Census data.
What is the median household income in Loretto?
The median household income in Loretto, PA is $61,591 per year.
What is the median home value in Loretto?
The median home value in Loretto, PA is $187,500.
What is the average rent in Loretto?
The median monthly rent in Loretto, PA is $0.
What is the unemployment rate in Loretto?
The unemployment rate in Loretto, PA is 5.4%.