Loretto city, Minnesota Demographics & Population 2026
As of 2026, Loretto city, Minnesota has a total population of 805, the 398th largest city in Minnesota, with a median household income of $110,833, which is 27% higher than the state average. The poverty rate is 8.7%.
Key Takeaways
- 47.6% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Near full employment with an unemployment rate of just 1.4%.
Loretto city Quick Facts
How Loretto city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Loretto city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to Loretto city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| St. Clair city | 785 | $101,375 | $200,800 | 30.3% | 4.1% |
| Courtland city | 844 | $105,625 | $250,000 | 33.1% | 0.7% |
| Dover city | 863 | $112,500 | $281,300 | 30.9% | 4.5% |
| Ponemah CDP | 740 | N/A | N/A | 0.0% | 22.4% |
| Freeport city | 827 | $87,396 | $214,600 | 22.9% | 2.3% |
Population Overview
Loretto city is a small community located in Minnesota, within Hennepin County. The total population is 805. It ranks as the 398th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Loretto city is 35.6 years. This is 8% lower than the state median of 38.6 years. With 30.3% of the population under 18, Loretto city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Loretto city is $110,833. This is 27% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 41% higher. The poverty rate stands at 8.7%. This is 5% lower than the state poverty rate of 9.2%. The unemployment rate is 1.4%. This is 65% lower than the state rate of 3.9%. The median home value is $350,600. Housing costs are 15% higher than the state median of $305,500. The home-value-to-income ratio is 3.2x. 82.8% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 72.4%.
Race & Ethnicity
Loretto city has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents. Black or African American residents account for 5.0%. The Hispanic or Latino population (1.4%) is well below the state average of 6.2%. The Asian population (0.1%) is well below the state average of 5.0%.
Education
47.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Loretto city in the top 10% of all cities in the state for educational attainment. This is 23% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.
Data Sources & Methodology
All demographic data for Loretto city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Loretto city, Minnesota?
Loretto city, Minnesota has a population of 805 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Loretto city, MN?
The median household income in Loretto city is $110,833, which is 41% higher the national median of $78,538.
What is the poverty rate in Loretto city, MN?
The poverty rate in Loretto city is 8.7%. This means approximately 70 residents live below the federal poverty line.
What is the racial makeup of Loretto city, Minnesota?
Loretto city's population is 93.3% White, 5.0% Black, 1.4% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Loretto city, MN?
The median home value in Loretto city is $350,600. The home-value-to-income ratio is 3.2x.
How educated is Loretto city, Minnesota?
47.6% of adults (25+) in Loretto city hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.