Population 46 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Loretto
Household size in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 2.41 | 2.63 | 2.68 |
| 2010–14 | 2.91 | 2.68 | 2.73 |
| 2015–19 | 2.21 | 2.68 | 2.71 |
| 2020–24 | 2.32 | 2.62 | 2.65 |
| Change | −0.09 | −0.01 | −0.03 |
Loretto is a place of small households, averaging 2.32 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.41 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 49.0 | 38.2 | 37.7 |
| 2010–14 | 39.1 | 39.0 | 38.6 |
| 2015–19 | 48.5 | 40.0 | 39.6 |
| 2020–24 | 59.2 | 40.3 | 40.1 |
| Change | +10.2 | +2.1 | +2.3 |
Loretto skews older: half of its residents are older than 59.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 14.3% | 11.1% | 12.3% |
| 2010–14 | 13.5% | 11.0% | 12.3% |
| 2015–19 | 11.8% | 10.5% | 11.6% |
| 2020–24 | 5.3% | 10.7% | 11.6% |
| Change | −9.0 pts | −0.4 pts | −0.6 pts |
Single parents head only 5.3% of households in Loretto, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Loretto
Renters in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 13.1% | 31.1% | 33.3% |
| 2010–14 | 16.7% | 33.3% | 35.6% |
| 2015–19 | 14.7% | 33.7% | 36.0% |
| 2020–24 | 4.6% | 32.7% | 34.8% |
| Change | −8.6 pts | +1.5 pts | +1.5 pts |
Only 4.6% of households in Loretto rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 45.7% have no mortgage at all, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 17.0% | 10.3% | 11.4% |
| 2010–14 | 21.1% | 10.2% | 11.4% |
| 2015–19 | 16.0% | 9.7% | 11.1% |
| 2020–24 | 23.2% | 8.7% | 9.6% |
| Change | +6.3 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 23.2% of the housing in Loretto, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 1980 | 1978 | 1974 |
| 2010–14 | 1986 | 1980 | 1975 |
| 2015–19 | 1976 | 1981 | 1977 |
| 2020–24 | 1985 | 1984 | 1980 |
| Change | +5 | +5 | +6 |
Homes in Loretto are a bit newer than the national norm: the median home was built in 1985, versus 1980 across the U.S. That is in line with the rest of Virginia.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | $841 | $1,143 | $965 |
| 2010–14 | $392 | $1,238 | $1,040 |
| 2015–19 | $795 | $1,436 | $1,213 |
| 2020–24 | $1,148 | $1,743 | $1,571 |
| Change | +$307 | +$600 | +$606 |
The median renter in Loretto pays $1,148 a month for rent and utilities, well below the national median of $1,571. Rent takes 29.3% of the typical renter's income, just under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Loretto
Bachelor's degrees in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 17.9% | 35.2% | 28.4% |
| 2010–14 | 17.0% | 36.7% | 29.6% |
| 2015–19 | 13.1% | 39.3% | 32.1% |
| 2020–24 | 10.5% | 42.5% | 35.6% |
| Change | −7.4 pts | +7.3 pts | +7.2 pts |
College degrees are relatively uncommon in Loretto: 10.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 83.8% | 86.8% | 84.9% |
| 2010–14 | 86.1% | 88.3% | 86.1% |
| 2015–19 | 78.2% | 89.9% | 87.7% |
| 2020–24 | 78.1% | 91.6% | 89.3% |
| Change | −5.7 pts | +4.7 pts | +4.3 pts |
More than one in five adults in Loretto never finished high school, well above the national share: only 78.1% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Loretto
| Period | Loretto | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 5.9% | 6.0% | 8.1% |
| 2010–14 | 11.3% | 7.0% | 9.4% |
| 2015–19 | 0.0% | 4.7% | 5.6% |
| 2020–24 | 17.8% | 4.3% | 5.4% |
| Change | +11.8 pts | −1.7 pts | −2.7 pts |
Finding work has been harder in Loretto: 17.8% of the labor force was out of work and looking, well above the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Loretto compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Loretto | 2.32 | 59.2 | 5.3% | 4.6% | 23.2% | 1985 | $1,148 | 10.5% | 78.1% | 17.8% |
| Occupacia | 2.31 | 59.1 | 5.3% | 5.1% | 23.0% | 1985 | $1,140 | 10.7% | 78.3% | 17.3% |
| Leedstown | 2.58 | 41.5 | 31.5% | 31.2% | 23.7% | 1993 | $989 | 10.1% | 72.2% | 4.0% |
| Hustle | 2.32 | 59.2 | 5.3% | 4.6% | 23.2% | 1985 | $1,148 | 10.5% | 78.1% | 17.8% |
| Chance | 2.32 | 59.2 | 5.3% | 4.6% | 23.2% | 1985 | $1,148 | 10.5% | 78.1% | 17.8% |
| Horners | 2.78 | 37.0 | 31.7% | 38.5% | 28.1% | 1991 | $969 | 10.9% | 74.5% | 3.4% |
| Elevon | 2.48 | 54.5 | 6.8% | 6.7% | 22.9% | 1982 | $1,160 | 13.0% | 78.6% | 14.9% |
| Caret | 2.60 | 50.7 | 8.0% | 8.3% | 22.5% | 1980 | $1,170 | 15.2% | 79.1% | 12.4% |
| Welcome | 2.76 | 51.5 | 4.3% | 7.8% | 6.8% | 1992 | $1,358 | 22.2% | 90.8% | 12.2% |
| Oak Grove | 2.51 | 44.4 | 28.7% | 28.3% | 28.2% | 1985 | $1,339 | 15.6% | 77.9% | 3.2% |
| Champlain | 2.41 | 56.5 | 6.2% | 5.8% | 23.0% | 1984 | $1,155 | 12.0% | 78.4% | 16.0% |
All figures 2020–24.
Cities with similar populations: Whitefish Point, MI · Kelloggsville, OH · Kempton Croft, MA · Kenny Lake, AK · Kenwood, AR · Kerlin, AR · Kinder, MO · Kingston, NM · Kingstown, WV · Kirkland, AR
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Loretto. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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