Loretto employment information

IndexLorettoMinnesotaNational
Income per capita$32,237$31,642$28,555
Median household income$74,167$60,828$53,482
Median income owner occupied$82,813$74,687$68,142
Median income renter occupied$20,313$31,748$33,219
Median earnings male$60,000$39,915$36,116
Median earnings female$32,000$27,655$25,692
Unemployment rate3.1%4.5%5.8%
Poverty level5.0%11.5%15.6%

Did you know?

  • The income per capita in Loretto is 13% higher than the national average.
  • The median household income in Loretto is 39% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Loretto is 48% lower than the national average.
  • The poverty level in Loretto is 68% lower than the national average.

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Compare Loretto, MN Employment To Other Cities

Employment status

Hours worked per week

Loretto median earnings by income bracket

Loretto employment by industry

Labour TypeMaleFemale
Construction industry9.6%3.2%
Manufacturing sector16.3%1.3%
Financial & insurance services6.2%17.4%
Wholesale & retail services21.3%14.2%
Public administration1.7%2.6%
Transportation, warehousing & utilities5.6%1.9%
Education, health & social services7.3%19.4%
Other24.2%25.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Minnetonka Beach, MN587$152,188185%
Woodland, MN422$145,625172%
Deephaven, MN3,741$133,875150%
Victoria, MN7,845$131,833146%
Greenwood, MN740$126,625137%
Loretto, MN701$74,16739%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Chaumont, NY701$56,2505%
East Butler, PA701$42,41721%
Sherman, NY701$39,16727%
Holden, WV701$73,00537%
Shannon, IL701$47,68811%
Loretto, MN701$74,16739%
Source: The Loretto, MN employment data displayed above is derived from the United States Census Bureau.