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Loretto, TN
Considering Loretto, TN for your next home? This friendly town of about 1,700 residents offers affordable living, with median home prices around $148,000 and average rents at $730. Enjoy a relaxed lifestyle, low crime rates (145 violent crimes per 100K), and a quick 25-minute average commute. Loretto’s schools offer small class sizes, and the area boasts a pleasant climate with 60% sunny days annually. Explore the community details below to see if Loretto is the right fit for your move!
Loretto is a small, close-knit community of approximately 1,700 residents, with a median age just over 41 years. The population is predominantly White, and the area maintains a balanced gender ratio with very few non-English speakers, contributing to its hometown feel.
With a cost of living index of 80.3, Loretto is notably more affordable than the national average. Homebuyers benefit from median house values around $148,000 and renters enjoy average monthly rents near $730, making the area attractive for budget-conscious families and retirees.
Loretto offers a secure environment, with a low violent crime rate of 145 per 100,000 residents and a property crime rate of 1,150 per 100,000. Residents enjoy peace of mind and a strong sense of community safety.
The city experiences mild winters and warm summers, with average highs reaching 89°F in July and dipping to 48°F in January. Loretto enjoys about 60% sunny days annually and receives roughly 58 inches of rainfall, providing a pleasant climate for outdoor activities.
Residents of Loretto benefit from a median household income of $48,500 and a friendly, tight-knit atmosphere. The area has a moderate poverty rate of 14.2%, low unemployment, and most people commute less than 25 minutes to work.
Loretto offers quality public education with small class sizes and attentive teachers, supported by two local schools serving around 850 students. Higher education is also within reach, with Columbia State Community College located just 35 miles away.
Quality healthcare is accessible in Loretto, with nearly 90% health insurance coverage and local access to general and emergency services at the Southern Tennessee Regional Health System in nearby Lawrenceburg. The area maintains a good ratio of physicians and a healthcare index of 68.5.
The Loretto housing market is stable and affordable, with a median home price of $148,000 and a high owner-occupancy rate of 73%. Home values have appreciated by over 6% in the past year, while rental opportunities remain available with a vacancy rate of 7.6%.
Residents can access driver and vehicle services through the Tennessee Department of Safety & Homeland Security. The nearest major service center is in Nashville, and information is readily available online and by phone for convenience.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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