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Loretto, TN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Loretto is a very small city located in the state of Tennessee. With a population of 1,802 people and just one neighborhood, Loretto is the 235th largest community in Tennessee.

Occupations and Workforce

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Loretto is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Loretto is a city of professionals, production and manufacturing workers, and sales and office workers. There are especially a lot of people living in Loretto who work in management occupations (11.49%), teaching (11.36%), and healthcare (9.27%).

Setting & Lifestyle

The city is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Loretto has relatively fewer families with younger children, and/or college students. Combined, this makes Loretto a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

Demographics

The percentage of adults in Loretto with college degrees is slightly lower than the national average of 21.84% for all communities. 15.30% of adults in Loretto have a bachelor's degree or advanced degree.

The per capita income in Loretto in 2022 was $26,632, which is middle income relative to Tennessee, and lower middle income relative to the rest of the US. This equates to an annual income of $106,528 for a family of four. However, Loretto contains both very wealthy and poor people as well.

The people who call Loretto home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Loretto residents report their race to be White. Important ancestries of people in Loretto include German, Irish, English, Scots-Irish, and French.

The most common language spoken in Loretto is English. Other important languages spoken here include Spanish and Italian.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If you're looking for a great spot to raise a family, then look no further than the neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 13.4% of family-friendly neighborhoods across the state of Tennessee. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Loretto are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.4% of U.S. neighborhoods. In addition, 8.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.6% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 38.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 14.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 99.4% of households. Some people also speak Italian (2.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Loretto, TN, residents most commonly identify their ethnicity or ancestry as English (11.4%). There are also a number of people of German ancestry (11.2%), and residents who report Irish roots (9.2%), and some of the residents are also of Scots-Irish ancestry (3.0%), along with some Scottish ancestry residents (1.4%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (39.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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