Loretto is a small town of 1,811 in Tennessee, with a median household income of $49,323
and a 2.0% unemployment rate.
Its cost of living index is 88 (US average = 100), which is
12% below the national average.
Strengths:
Loretto stands out for an affordable cost of living, below-average home prices, lower-than-average crime.
Trade-offs:
No major red flags stand out in the available data. Whether Loretto is right for you depends on your priorities — the full breakdown is below.
All Loretto city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.5
Loretto's overall cost of living index is 87.5,
where 100 represents the US national average.
Living in Loretto costs roughly 12% less than the average American city.
Metric
Loretto, TN
National Avg
Median Home Value
$120,700
$244,900
Median Monthly Rent
$679
$1,163
Homeownership Rate
82.3%
65.9%
Median Household Income
$49,323
$74,755
Crime & Safety
Very Safe
Loretto's violent crime rate is 112.2 per 100,000 residents
— 70% lower than the national average of ~380 per 100,000.
Violent Crime
112.2 /100k
Property Crime
841.3 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Loretto is served primarily by Lawrence County.
Metric
Loretto, TN
National Avg
School District
Lawrence County
—
Elementary Schools
8
—
Middle Schools
2
—
High Schools
4
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
15.3%
35.4%
High School Diploma or Higher
84.8%
91.1%
Weather & Climate
Loretto sees average highs of 50.7°F in January
and 90.2°F in July,
with 58.8 inches of annual precipitation
and 1.9 inches of snow per year.
Loretto's cost of living index is 88, where 100 is the national average.
That makes Loretto roughly 12% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $120,700 and median rent is $679/month.
Loretto's violent crime rate is 112.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 841.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Loretto are operated by Lawrence County.
The district has 8 elementary, 2 middle, and 4 high schools.
15.3% of adults 25+ hold a bachelor's degree or higher.
Loretto, TN has a population of 1,811, a median household income of $49,323, and an unemployment rate of 2.0%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Loretto averages 50.7°F in January and 90.2°F in July. Annual rainfall is 58.8 inches
with about 1.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Loretto, TN is covered by 1 ZIP code: 38469.
The population of Loretto, Tennessee is 1,811 with a median age of 42.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Loretto: cost of living index 88 (100 = US average), median home $120,700, median household income $49,323, crime index 34 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Loretto side by side with your current city to see the trade-offs.
