Everything You Should Know Before Moving to 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!
Demographics - Loretto, TN
Demographics - Loretto, TN
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.
Population:
1,700
Density:
400 per sq mi
Median Age:
41.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
92.4%
Black:
2.1%
Asian:
0.5%
Others:
5.0%
Cost Of Living
What is the average cost of living in Loretto, TN?
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.
Median House Value:
$148,000
Gross Rent:
$730
Monthly Electricity Charges:
$130
Auto Insurance:
$1,220
House Owner Cost With Mortgage:
$1,010
House Owner Cost Without Mortgage:
$370
State Taxes:
Low:
0%
|
High:
5%
Cost Of Living Index:
80.3
Grocery:
93.0
Housing:
65.0
Utilities:
95.0
Transportation:
85.0
Health Care:
91.0
Miscellaneous:
87.0
Crime
Is Loretto, TN a safe place to live?
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.
Violent Crimes Per 100k:
145
Property Crimes Per 100k:
1,150
Crime Index:
1,295
Chance Of Violent Crime:
1 in 690
Chance Of Property Crime:
1 in 87
Weather
What is the weather like in Loretto, TN year-round?
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.
Winter
Min:
30°F
Max:
48°F
Spring
Min:
50°F
Max:
72°F
Summer
Min:
68°F
Max:
89°F
Fall
Min:
48°F
Max:
73°F
Average Rainfall Inches:
58 inches
Sunny Days Percentage:
60%
Neighbors
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.
Median Income:
$29,000
Household Income:
$48,500
Family Income:
$56,000
Per Capita Income:
$24,200
Income Male:
$32,000
Income Female:
$26,000
Poverty Rate:
14.2%
Non English Speakers:
2.5%
Rent:
$730
Unemployment Rate:
4.1%
Public Transport Usage:
0.5%
Commute Time:
24.7 minutes
Education
High School or Higher:
83.2%
Bachelors or More:
13.4%
Education
How are the schools in Loretto, TN?
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.
Public Schools
Name:
Loretto High School
Street:
525 2nd Ave S
Phone:
931-853-4350
Students:
400
Student Teacher Ratio:
16.5
Name:
South Lawrence Elementary
Street:
707 2nd Ave S
Phone:
931-853-4321
Students:
450
Student Teacher Ratio:
15.8
Colleges
Name:
Columbia State Community College
City:
Columbia
State:
TN
Distance:
35 miles
Students:
5,500
Healthcare
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.
Major Hospitals
Name:
Southern Tennessee Regional Health System - Lawrenceburg
Address:
1607 S Locust Ave, Lawrenceburg, TN 38464
Phone:
(931) 762-6571
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
89.3%
Health Care Index:
68.5
Housing Market
What is the housing market like in Loretto, TN?
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%.
Median Home Price:
$148,000
Average Rent For 2 Bedroom:
$730
Owner Occupied Rate:
73.1%
Rental Vacancy Rate:
7.6%
Home Appreciation Rate (1yr):
6.1%
New Construction Rate:
1.2%
Foreclosure Rate:
0.7%
DMV Information
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.
State:
Tennessee
Department:
Tennessee Department of Safety & Homeland Security
Address:
1150 Foster Avenue, Nashville, TN 37243
Phone:
1-866-849-3548
Website:
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.