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The total population of Loretto is estimated to be 640 with 301 males (47.03%) and 339 females (52.97%). There are 38 more females than males in Loretto.
The median household income in Loretto was $48,641 in 2021, which marked an an increase of 8,037(19.79%) from $40,604 in 2020. This income is 65.20% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Loretto sees its highest median household income among householders in the age group of under 25 years old, at $73,637. Overall, the median household income for the city of Loretto stands at $48,641.
In Loretto, the median income for all workers aged 15 years and older, regardless of work hours, was $32,041 for males and $31,887 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,939 for males and $41,271 for females.
In Loretto, population is primarily represented by White households, reporting a median income of $48,979.
In 2022, the population of Loretto was 716, a 0.28% decrease year-by-year from 2021. Previously, in 2021, Loretto's population was 718, an increase of 0.14% compared to a population of 717 in 2020.
The median age in Loretto, KY is 36.9, as per 2021 ACS 5-Year Estimates. Of the total population, 24.72% were under the age of 15, 18.44% aged 15 to 29, 37.43% aged 30 to 64, 16.76% aged 65 to 84, and 2.65% were 85 years of age and older.
Racial distribution of Loretto population: 94.55% are White, 0.98% are Black or African American, 0.28% are American Indian and Alaska Native and 4.19% are multiracial.