Loretto, TN Employment - Median Household Income, Unemployment Rate

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D+

30%

Income/capita NAT. AVG.

19%

Household income NAT. AVG.

54%

Unemployment NAT. AVG.

Index	Loretto	Tennessee	National
Income per capita	$20,798	$26,019	$29,829
Median household income	$44,777	$46,574	$55,322
Median income owner occupied	$46,250	$58,570	$70,586
Median income renter occupied	$31,023	$28,937	$35,192
Median earnings male	$34,914	$32,560	$36,919
Median earnings female	$21,930	$24,186	$26,250
Unemployment rate	2.2%	4.6%	4.7%
Poverty level	15.8%	17.2%	15.1%

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Key findings

The income per capita in Loretto is 30% lower than the national average
The median household income in Loretto is 19% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Loretto is 54% lower than the national average
The poverty level in Loretto is 4% higher than the national average

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am i middle class

$29,848 $44,777 $89,554

City

$31,046 $46,574 $93,148

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Loretto median earnings by income bracket

Loretto employment by industry

Labour Type	Male	Female
Construction industry	15.9%	15.9%
Manufacturing sector	25.2%	25.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	8.6%	8.6%
Public administration	3.3%	3.3%
Transportation, warehousing & utilities	3.3%	3.3%
Education, health & social services	16.1%	16.1%
Other	23.2%	23.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Anderson, AL	252	$71,250	28.8%
Lexington, AL	809	$53,125	4.0%
Underwood-Petersville, AL	2,707	$39,020	29.5%
St. Florian, AL	506	$38,571	30.3%
St. Joseph, TN	904	$34,539	37.6%
Loretto, TN	1,810	$44,777	19.1%

Cities with similar population

City	Population	Household Income	National Avg.
Tariffville, CT	1,810	$73,400	32.7%
Monroe, IA	1,810	$60,278	9.0%
Stockton, MO	1,810	$32,802	40.7%
Sharon, MS	1,810	$105,133	90.0%
Seabrook Island, SC	1,810	$100,265	81.2%
Loretto, TN	1,810	$44,777	19.1%

Source: The Loretto, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).