Loretto, KY Profile: Facts & Data

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Loretto, Kentucky - Basic Facts

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The City of Loretto had a population of 725 as of July 1, 2018. Loretto ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Loretto is located at latitude 37.642 and longitude -85.3933 in Marion County. The formal boundaries for the City of Loretto (see map below) encompass a land area of 3.18 sq. miles and a water area of 0.03 sq. miles. Marion County is in the Eastern time zone (GMT -5). The elevation is 738 feet.

The City of Loretto (GNIS ID: 2404956) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Loretto is located within Loretto Division of Marion County.

Beneath the boundary map are tables with Loretto population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Loretto, KY Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 725
Population in Households 706
Population in Familes 597
Population in Group Qrtrs 19
Population Density1 228
Diversity Index2 6
 

INCOME

Median Household Income $37,846
Average Household Income $55,044
Per Capita Income $20,817

HOUSING

Total Housing Units 323 (100%)
Owner Occupied HU 226 (70.0%)
Renter Occupied HU 63 (19.5%)
Vacant Housing Units 34 (10.5%)
Median Home Value $100,000
Average Home Value $137,611
 

HOUSEHOLDS

Total Households 289
Average Household Size 2.44
Family Households 209
Average Family Size 3
NOTES
  1. Population Density = Total Population per square mile.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.2% 0.22%
Households 0.21% 0.21%
Families 0.35% 0.1%
Median Household Income   0.41%
Per Capita Income   1.58%

Loretto, KY - Peer Comparisons by Rank and Percentile

The table below compares Loretto to the other 540 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 295 46th
Population Density # 485 10th
Diversity Index # 474 12th
Median Household Income # 329 39th
Per Capita Income # 349 36th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

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