HomeTennesseeLawrence CountyLoretto
Loretto, Tennessee: commercial real estate data.
Loretto is a Census city of 1,731 people across 3.78 square miles of land, in Lawrence County. Median household income is $55,592, 85.4 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $599,300 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Loretto
What Loretto is
- Census place typecity
- Land area3.78 sq mi
- Water area0.01 sq mi
- Population per square mile of land458
- County holding the largest share of its areaLawrence County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Loretto
How many people live in Loretto
- Population1,731
- Median age39.6 plus or minus 8.8
- Population under 18401 plus or minus 121
- Share under 1823.2 percent plus or minus 5.7
- Population 65 and over357
- Share 65 and over20.6 percent
- Households697
- Family households478 plus or minus 104
- Share of households that are families68.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Loretto
Income and work in Loretto
- Median household income$55,592
- Per capita income$32,353
- Civilian labor force788 plus or minus 158
- Employed786 plus or minus 158
- Unemployed2 plus or minus 3
- Unemployment rate0.3 percent plus or minus 0.4
- Adults 25 and over1,239
- Adults 25 and over with a high school diploma or higher87.8 percent plus or minus 18.6
- Adults 25 and over with a bachelor degree or higher21.0 percent plus or minus 4.9
- Adults 25 and over with a graduate degree7.2 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Loretto
Housing in Loretto
- Housing units744
- Occupied units697
- Vacant units47 plus or minus 36
- Vacancy rate6.3 percent plus or minus 4.7
- Owner occupied595
- Renter occupied102 plus or minus 45
- Ownership rate85.4 percent
- Median owner-occupied home value$161,900
- Median gross rent, monthly$737
- Annual rent as a share of median income15.9 percent
- Single family units619
- Share single family83.2 percent plus or minus 18.1
- Units in buildings of two or more38 plus or minus 25
- Share in buildings of two or more5.1 percent plus or minus 3.3
- Mobile homes87 plus or minus 75
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Loretto
How Loretto gets to work
- Workers 16 and over who commute725 plus or minus 151
- Commuting under 15 minutes183 plus or minus 63
- Share commuting under 15 minutes25.2 percent plus or minus 6.9
- Commuting 30 minutes or more260 plus or minus 68
- Share commuting 30 minutes or more35.9 percent
- Drove alone80.6 percent
- Carpooled9.8 percent plus or minus 5.2
- Public transport0.0 percent
- Walked2.3 percent plus or minus 2.5
- Worked from home6.8 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Loretto
SBA loans in Loretto (7(a))
- Approvals2
- Gross approval$599,300
- Average approval$299,650
- Median approval$299,650
- Largest approval$500,000
- Jobs supported15
- Jobs per approval7.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Loretto, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Loretto
Flood risk in Loretto
- NFIP communityCity of Loretto
- NFIP community number470306
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/02/09
The City of Loretto participates in the National Flood Insurance Program as community 470306 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lawrence County, not Loretto
Lawrence County context, not Loretto figures
- Establishments in Lawrence County788
- Covered employment, Lawrence County11,816
- Average annual pay, Lawrence County$45,770
- Housing units permitted, Lawrence County27
Every figure in this section is published for Lawrence County as a whole and is not a measurement of Loretto.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Loretto questions, answered from the record.
How many people live in Loretto, Tennessee?
1,731, in 697 households. Loretto city covers 3.78 square miles of land, which is 458 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Loretto in?
Lawrence County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Loretto?
$55,592. The median owner-occupied home is valued at $161,900. Median gross rent is $737 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Loretto businesses?
2 7(a) approvals totaling $599,300 since FY2020, across 2 lenders, median approval $299,650. These count approvals to borrowers whose address is in Loretto, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Loretto borrowers get paid back?
No rate is published for Loretto. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Loretto in the National Flood Insurance Program?
Yes. Loretto appears in the FEMA Community Status Book as Loretto, city of, community 470306, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Loretto figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lawrence County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Loretto.
Is zoning published for Loretto?
No. Nothing on this page presents parcel level zoning.
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