Loretto is a tiny city located in the state of Kentucky. With a population of 716 people and just one neighborhood, Loretto is the 293rd largest community in Kentucky.
Loretto real estate is some of the most expensive in Kentucky, although Loretto house values don't compare to the most expensive real estate in the U.S.
When you are in Loretto, you'll notice that it is more blue-collar than most other communities in America. 46.91% of Loretto’s employed work in blue-collar jobs, while America averages only 27.7% that do. Overall, Loretto is a city of production and manufacturing workers, construction workers and builders, and service providers. There are especially a lot of people living in Loretto who work in management occupations (13.45%), maintenance occupations (4.73%), and healthcare (4.73%).
Overall, Loretto’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
Residents will find that the city is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Loretto is worth considering.
Being a small city, Loretto does not have a public transit system used by locals to get to and from work.
The population of Loretto has a very low overall level of education: only 8.28% of people over 25 hold a 4-year college degree or higher.
The per capita income in Loretto in 2022 was $26,358, which is middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $105,432 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, followed by Black or African-American. Important ancestries of people in Loretto include English, Irish, German, Scots-Irish, and Italian.
The most common language spoken in Loretto is English. Other important languages spoken here include Italian and Polish.
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.
Our research reveals that 90.8% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.2% of U.S. neighborhoods.
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 10.9% of family-friendly neighborhoods across the state of Kentucky. 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.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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 71.3% of U.S. neighborhoods. With 11.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 40.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.6%), and 13.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 99.8% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Loretto, KY, residents most commonly identify their ethnicity or ancestry as English (20.1%). There are also a number of people of Irish ancestry (13.7%), and residents who report German roots (2.4%).
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 (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.8%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.