Loretto is a city located in Hennepin County, Minnesota. Loretto has a 2026 population of 594. Loretto is currently declining at a rate of -1.33% annually and its population has decreased by -7.48% since the most recent census, which recorded a population of 642 in 2020.
The median household income in Loretto is $114,167 with a poverty rate of 7.45%. The median age in Loretto is 37 years: 37.6 years for males, and 35.9 years for females. For every 100 females there are 95.0 males.
Data after 2023 is projected based on recent change
Overall: 37 years
Female: 35.9 years
Male: 37.6 years
There are 561 adults, (113 of whom are seniors) in Loretto.
Female: 402 (51.3%)
Male: 382 (48.7%)
The racial composition of Loretto includes 94.26% White, 4.46% Black or African American, and smaller percentages for Two or more races, other race, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 739 | 94.26% |
| Black or African American | 35 | 4.46% |
| Two or more races | 6 | 0.77% |
| Other race | 3 | 0.38% |
| Asian | 1 | 0.13% |
Loretto 's average per capita income is $71,467. Household income levels show a median of $114,167. The poverty rate stands at 7.45%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $172,955 | - |
| Families | $172,727 | $199,911 |
| Households | $114,167 | $165,728 |
| Non Families | $43,125 | $50,040 |
Average Income
Median Household Income
Poverty Rate