Loretto is a city located in Hennepin County, Minnesota. Loretto has a 2025 population of 585. Loretto is currently declining at a rate of -1.85% annually and its population has decreased by -8.88% since the most recent census, which recorded a population of 642 in 2020.
The average household income in Loretto is $160,806 with a poverty rate of 8.74%.The median age in Loretto is 35.6 years: 36.3 years for males, and 35.5 years for females.
Data after 2023 is projected based on recent change
The racial composition of Loretto includes 93.79% White, 4.97% Black or African American, and smaller percentages for Two or more races, other race, Asian and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 755 | 93.79% |
Black or African American | 40 | 4.97% |
Two or more races | 7 | 0.87% |
Other race | 2 | 0.25% |
Asian | 1 | 0.12% |
Married
Widowed
Divorced
Separated
Never Married
Loretto's average per capita income is $71,420. Household income levels show a median of $110,833. The poverty rate stands at 8.74%.
Name | Median | Mean |
---|---|---|
Families | $167,596 | $192,403 |
Married Families | $164,688 | - |
Households | $110,833 | $160,806 |
Non Families | $42,125 | $51,585 |
Average Income
Median Household Income
Poverty Rate