Loretto, TN
Population 1,757 · Tennessee
About Loretto, TN
Loretto is a small community in Tennessee with a population of 1,757 residents. The median household income is $51,771 per year, which is near the national average. The median age in Loretto is 41.6 years.
Housing in Loretto has a median home value of $133,000 and median monthly rent of $684. Of the 757 total housing units, the majority are owner-occupied, with 600 owner-occupied and 115 renter-occupied units.
The unemployment rate in Loretto is 1.3% and the poverty rate is 13.0%. 19.2% of residents hold a bachelor's degree or higher. The average commute time is 26.9 minutes.
How Loretto Ranks in Tennessee
Cost of Living in Loretto, TN
Compared to national averages, Loretto has a median household income of $51,771 (31% below the national median of $75,149). Home values average $133,000, which is 46% below the national median. Monthly rent at $684 is 41% below the US average of $1,163. Within Tennessee, Loretto's income is 18% below the state average of $62,849, and home values are 38% below the state median of $214,371.
Why Live in Loretto, TN?
Loretto offers affordable housing with a median home value of $133,000, below the US average of $244,900, and rent that’s lower than the national average at $684/month, and a strong job market with an unemployment rate of just 1.3%.
Potential considerations include median household income ($51,771) 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 1,757 with a median age of 41.6 years. Compare Loretto with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Loretto
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Walden | 1,762 | $135,000 | $600,900 | Compare |
| Unionville | 1,751 | $76,671 | $260,300 | Compare |
| Burns | 1,746 | $67,321 | $285,600 | Compare |
| Cowan | 1,777 | $37,295 | $122,500 | Compare |
| Celina | 1,782 | $33,430 | $167,600 | Compare |
| New Market | 1,789 | $70,913 | $166,400 | Compare |
| Ridgely | 1,723 | $24,412 | $74,500 | Compare |
| Mowbray Mountain | 1,797 | $96,607 | $365,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Loretto With Other Cities
Frequently Asked Questions about Loretto
What is the population of Loretto, TN?
The population of Loretto, TN is 1,757 according to the latest Census data.
What is the median household income in Loretto?
The median household income in Loretto, TN is $51,771 per year.
What is the median home value in Loretto?
The median home value in Loretto, TN is $133,000.
What is the average rent in Loretto?
The median monthly rent in Loretto, TN is $684.
What is the unemployment rate in Loretto?
The unemployment rate in Loretto, TN is 1.3%.