Loretto, TN Profile: Facts & Data


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Loretto, Tennessee - Basic Facts

The City of Loretto had a population of 1,817 as of July 1, 2020.

The primary coordinate point for Loretto is located at latitude 35.0779 and longitude -87.4397 in Lawrence County. The formal boundaries for the City of Loretto encompass a land area of 3.93 sq. miles and a water area of 0.01 sq. miles. Lawrence County is in the Central time zone (GMT -6). The elevation is 823 feet.

The City of Loretto (GNIS ID: 2404957) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Loretto is located within Commissioner District 1, a minor civil division (MCD) of Lawrence County.

Alternate Unofficial Names for Loretto: Glen Rock.


Loretto, TN Data & Demographics (As of July 1, 2020)


Total Population 1,817 (100%)
Population in Households 1,817 (100.0%)
Population in Families 1,547 (85.1%)
Population in Group Quarters1 0
Population Density 486
Diversity Index2 14


Median Household Income $51,167
Average Household Income $60,690
% of Income for Mortgage4 9%
Per Capita Income $24,365
Wealth Index5 57


Total HU (Housing Units) 826 (100%)
Owner Occupied HU 572 (69.2%)
Renter Occupied HU 189 (22.9%)
Vacant Housing Units 65 ( 7.9%)
Median Home Value $113,362
Average Home Value $151,786
Housing Affordability Index3 280


Total Households 761
Average Household Size 2.39
Family Households 539
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 1.03% 0.84%
Households 1.06% 0.9%
Families 1.35% 0.73%
Median Household Income   1.31%
Per Capita Income   2.26%
Owner Occupied HU   0.76%


Loretto, TN - Peer Comparisons by Rank and Percentile

The table below compares Loretto to the other 429 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 210 51st
Population Density # 222 48th
Median Household Income # 144 67th
Housing Affordability Index # 395 92nd
Per Capita Income # 181 58th
Diversity Index # 289 33rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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