Loretto, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Loretto, MN: Quick Facts & Overview
- Population: 784 residents (507 people per sq. mi.)
- Average House Price: $361,449
- Average Household Income: $114,167
Loretto, MN is located in the state of Minnesota. It is home to about 784 people, with around 507 residents living in every square mile.
If you want to buy a house in Loretto, the average price is around $361,449. That makes local housing 39% higher than the Minnesota average of $260,056, and 17% higher than the national average of $308,592.
The average household in Loretto earns about $114,167 a year. This income is 39% higher than the average family in Minnesota ($82,068), and 45% higher than the national average ($78,686).
Population
784
Median Household Income
$114,167
Median Home Value
$361,449
Median Age
37.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $64,856 |
| Labor Force Participation | 75.7% |
| Unemployment Rate | 1.4% |
| Average Commute Time | 28.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 83.8% |
| Median Rent | $630 |
| Rent Burdened (>30% Income) | 17.2% |
| Total Housing Units | 290 |
Additional Census & Housing Profile
Geographic Overview
| County | Hennepin |
| County FIPS | 27053 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 507.3/sq mi |
| Coordinates (lat/lng) | 45.0548, -93.6353 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.14 |
| Dual Income Families | 70.2% |
Marital Status
| Married | 58.2% |
| Never Married | 24.2% |
| Divorced | 14.2% |
| Widowed | 3.4% |
Gender
| Male | 48.7% |
| Female | 51.3% |
Health & Poverty
| Uninsured Rate (Health) | 3.4% |
| Poverty Rate | 7.4% |
Key Population Groups
| Veterans | 3.9% |
| Disabled Population | 4.3% |
| Limited English Proficiency | 1.0% |
All ZIP Codes in Loretto
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55357 | 3,419 | $152,500 | $528,278 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Medina, MN | 3 miles | 6,968 |
| Maple Plain, MN | 3.4 miles | 1,701 |
| Greenfield, MN | 4 miles | 2,894 |
| Independence, MN | 4.2 miles | 3,694 |
| Corcoran, MN | 4.5 miles | 7,302 |
| Long Lake, MN | 5.9 miles | 1,728 |
| Rockford, MN | 6 miles | 4,597 |
| Orono, MN | 6.5 miles | 8,195 |
| Hanover, MN | 7.3 miles | 3,626 |
| Delano, MN | 7.8 miles | 6,942 |
| Spring Park, MN | 8.2 miles | 1,896 |
| Wayzata, MN | 8.4 miles | 4,354 |
| Mound, MN | 8.5 miles | 9,107 |
| Plymouth, MN | 8.8 miles | 79,220 |
| Minnetrista, MN | 9 miles | 8,708 |
| Maple Grove, MN | 9.2 miles | 71,173 |
| Woodland, MN | 9.2 miles | 477 |
| Rogers, MN | 9.5 miles | 13,685 |
| Tonka Bay, MN | 9.8 miles | 1,270 |
| Deephaven, MN | 10 miles | 3,793 |
| St. Michael, MN | 10.5 miles | 20,010 |
| Greenwood, MN | 10.6 miles | 699 |
| Shorewood, MN | 10.7 miles | 7,647 |
| Excelsior, MN | 11.1 miles | 2,570 |
| Medicine Lake, MN | 11.2 miles | 596 |
| St. Bonifacius, MN | 11.7 miles | 1,997 |
| Minnetonka, MN | 12.1 miles | 53,064 |
| Watertown, MN | 12.1 miles | 4,790 |
| New Hope, MN | 12.2 miles | 21,181 |
| Dayton, MN | 12.2 miles | 9,095 |
| Osseo, MN | 12.3 miles | 2,584 |
| Albertville, MN | 12.6 miles | 8,207 |
| Crown College, MN | 12.9 miles | 422 |
| Victoria, MN | 13.3 miles | 11,295 |
| Crystal, MN | 13.5 miles | 22,476 |
| Montrose, MN | 13.9 miles | 3,888 |
| Buffalo, MN | 14.1 miles | 16,499 |
| Golden Valley, MN | 14.2 miles | 21,725 |
| Chanhassen, MN | 14.3 miles | 26,006 |
| Hopkins, MN | 14.3 miles | 18,819 |
| Brooklyn Park, MN | 14.4 miles | 83,876 |
| Champlin, MN | 14.4 miles | 23,294 |
| Otsego, MN | 14.6 miles | 22,245 |
| Robbinsdale, MN | 14.9 miles | 14,234 |
| St. Louis Park, MN | 15.1 miles | 49,594 |
| Brooklyn Center, MN | 15.6 miles | 32,479 |
| Anoka, MN | 16.1 miles | 17,970 |
| Waverly, MN | 16.2 miles | 2,285 |
| Chaska, MN | 16.5 miles | 28,706 |
| Waconia, MN | 16.5 miles | 13,434 |
| Eden Prairie, MN | 16.6 miles | 63,051 |
| Ramsey, MN | 16.9 miles | 28,421 |
| Mayer, MN | 17 miles | 2,518 |
| Edina, MN | 17.6 miles | 53,262 |
| Coon Rapids, MN | 17.9 miles | 63,468 |
| Fridley, MN | 18.4 miles | 30,241 |
| Monticello, MN | 18.7 miles | 14,858 |
| Hilltop, MN | 18.8 miles | 1,053 |
| Columbia Heights, MN | 18.9 miles | 22,155 |
| Minneapolis, MN | 19 miles | 2,937,870 |
| Elk River, MN | 19.4 miles | 26,793 |
| Spring Lake Park, MN | 19.5 miles | 7,032 |
| Carver, MN | 20.1 miles | 6,239 |
| New Germany, MN | 20.2 miles | 595 |
| Andover, MN | 20.5 miles | 33,035 |
| Big Lake, MN | 20.5 miles | 12,367 |
| St. Anthony, MN | 20.5 miles | 9,671 |
| Shakopee, MN | 20.9 miles | 46,012 |
| New Brighton, MN | 21 miles | 22,710 |
| Howard Lake, MN | 21.1 miles | 1,832 |
| Richfield, MN | 21.2 miles | 36,642 |
| Mounds View, MN | 21.2 miles | 12,926 |
| Cologne, MN | 21.2 miles | 2,282 |
| Winsted, MN | 21.3 miles | 2,181 |
| Lauderdale, MN | 21.5 miles | 2,388 |
| Nowthen, MN | 21.8 miles | 4,538 |
| Maple Lake, MN | 21.9 miles | 2,042 |
| Bloomington, MN | 22 miles | 88,665 |
| Blaine, MN | 22.3 miles | 72,488 |
| Falcon Heights, MN | 22.8 miles | 5,085 |
| Arden Hills, MN | 22.9 miles | 9,658 |
| Lester Prairie, MN | 23 miles | 1,898 |
| Lexington, MN | 23.3 miles | 2,770 |
| Roseville, MN | 23.6 miles | 35,802 |
| Norwood Young America, MN | 24 miles | 3,849 |
| Circle Pines, MN | 24.4 miles | 4,968 |
| Shoreview, MN | 24.5 miles | 26,714 |
| Silver Creek, MN | 24.6 miles | 167 |
| Savage, MN | 24.7 miles | 32,889 |
| Prior Lake, MN | 24.7 miles | 28,016 |
| Oak Grove, MN | 24.8 miles | 9,130 |
| Ham Lake, MN | 25.1 miles | 16,702 |
| Becker, MN | 25.5 miles | 5,034 |
| Mendota, MN | 25.9 miles | 207 |
| Burnsville, MN | 26.6 miles | 64,463 |
| St. Francis, MN | 26.6 miles | 8,372 |
| Lilydale, MN | 26.6 miles | 772 |
| Zimmerman, MN | 26.8 miles | 6,546 |
| Little Canada, MN | 26.9 miles | 10,514 |
| Jordan, MN | 26.9 miles | 6,771 |