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Loretto, TN Income and Careers

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As of 2010-2014, the per capita income of Loretto is $20,836, which is lower than the state average of $24,811 and is lower than the national average of $28,555. Loretto median household income is $41,382, which has grown by 31.25% since 2000. The median household income growth rate is higher than the state average rate of 22.72% and is higher than the national average rate of 27.36%. On average Loretto residents spend 20.3 minutes per day commuting to work, which is lower than the state average of 24.2 minutes and is lower than the national average of 25.7 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #180

Loretto, TN	20,836 USD
Tennessee	24,811 USD
U.S.	28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Loretto, TN	24,938 USD
Tennessee	27,334 USD
U.S.	30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Loretto, TN	29,722 USD
Tennessee	32,151 USD
U.S.	36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Loretto, TN	20,511 USD
Tennessee	23,376 USD
U.S.	25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #158

Loretto, TN	41,382 USD
Tennessee	44,621 USD
U.S.	53,482 USD

Mean Household Income, see rank

Loretto, TN	49,734 USD
Tennessee	62,344 USD
U.S.	74,596 USD

Median Household Income Growth Since 2000, #100

Loretto, TN	31.25%
Tennessee	22.72%
U.S.	27.36%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Loretto, TN		Tennessee		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	12.75%	$7,009, see rank	17.47%	$14,454	21.11%	$16,919
Social Security Income	49.37%	$17,456, see rank	32.06%	$17,334	29.33%	$17,636
Public Assistance Income	4.67%	$2,284, see rank	3.21%	$2,884	2.82%	$3,720
Retirement Income	27.90%	$15,622, see rank	18.41%	$20,076	17.85%	$24,095

⁺ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank

Loretto, TN	47,159 USD
Tennessee	55,459 USD
U.S.	65,443 USD

Mean Family Income, see rank

Loretto, TN	56,104 USD
Tennessee	73,630 USD
U.S.	86,963 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

	Loretto, TN	Tennessee	U.S.
White	$41,382, see rank	$47,658	$56,900

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

	Loretto, TN	Tennessee	U.S.
less than 25	$27,188, see rank	$22,607	$25,788
25 to 44	$60,938, see rank	$48,825	$58,398
45 to 64	$50,461, see rank	$53,148	$65,027
65 or over	$28,750, see rank	$33,548	$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

	Loretto, TN	Tennessee	U.S.
Population 16 Years and Over	1,602, see rank	5,125,250	248,775,628
Male¹	828, 51.69%, see rank	48.12%	48.69%
Male, In Labor Force:²	507, 61.23%, see rank	66.79%	69.28%
Male, In Armed Forces²	0, 0.00%, see rank	0.59%	0.73%
Male, Civilian²	507, 61.23%, see rank	66.20%	68.54%
Male, Civilian, Employed³	447, 88.17%, see rank	90.44%	90.49%
Male, Civilian, Unemployed³	60, 11.83%, see rank	9.56%	9.51%
Male, Not in Labor Force²	321, 38.77%, see rank	33.21%	30.72%
Female¹	774, 48.31%, see rank	51.88%	51.31%
Female, In Labor Force:²	364, 47.03%, see rank	56.49%	58.79%
Female, In Armed Forces²	0, 0.00%, see rank	0.07%	0.11%
Female, Civilian²	364, 47.03%, see rank	56.42%	58.69%
Female, Civilian, Employed³	352, 96.70%, see rank	90.61%	91.18%
Female, Civilian, Unemployed³	12, 3.30%, see rank	9.39%	8.82%
Female, Not in Labor Force²	410, 52.97%, see rank	43.51%	41.21%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

	Loretto, TN	Tennessee	U.S.
Workers 16 Years and Over	785, 100%	2,788,201	141,337,148
Car, Truck, or Van—Drove Alone	699, 89.04%, see rank	83.70%	76.41%
Car, Truck, or Van—Carpooled	51, 6.50%, see rank	9.50%	9.59%
Public Transportation	0, 0.00%, see rank	0.81%	5.06%
Walked	9, 1.15%, see rank	1.32%	2.78%
Other Means	16, 2.04%, see rank	1.13%	1.79%
Worked at Home	10, 1.27%, see rank	3.54%	4.37%

Mean Travel Time to Work, see rank

Loretto, TN	20.3 minutes
Tennessee	24.2 minutes
U.S.	25.7 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers

Occupation

	Loretto, TN	Tennessee	U.S.
Civilian Employed, 16 Years and Over	799	2,835,895	143,435,233
Male¹	447, 55.94%, see rank	52.07%	52.38%
Management, Professional, and Related Occupations²	95, 21.25%, see rank	29.42%	33.12%
Service Occupations²	54, 12.08%, see rank	14.11%	15.12%
Sales and Office Occupations²	55, 12.30%, see rank	17.73%	17.47%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.72%	1.11%
Construction, Extraction, Maintenance, and Repair Occupations²	68, 15.21%, see rank	9.36%	9.29%
Production, Transportation, and Material Moving Occupations²	169, 37.81%, see rank	22.13%	17.94%
Female¹	352, 44.06%, see rank	47.93%	47.62%
Management, Professional, and Related Occupations²	117, 33.24%, see rank	38.09%	40.04%
Service Occupations²	77, 21.88%, see rank	20.19%	21.52%
Sales and Office Occupations²	95, 26.99%, see rank	33.27%	31.93%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.13%	0.32%
Construction, Extraction, Maintenance, and Repair Occupations²	0, 0.00%, see rank	0.29%	0.28%
Production, Transportation, and Material Moving Occupations²	63, 17.90%, see rank	7.78%	5.65%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Loretto, TN	Tennessee	U.S.
Civilian Employed, 16 Years and Over	799, 100%	2,835,895	143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining	10, 1.25%, see rank	1.05%	1.96%
Construction	72, 9.01%, see rank	6.38%	6.17%
Manufacturing	177, 22.15%, see rank	12.95%	10.43%
Wholesale Trade	22, 2.75%, see rank	2.76%	2.75%
Retail Trade	71, 8.89%, see rank	12.19%	11.57%
Transportation, Warehousing, Utilities	51, 6.38%, see rank	6.19%	4.93%
Information	13, 1.63%, see rank	1.91%	2.14%
Finance, Insurance, Real Estate, Rental, Leasing	0, 0.00%, see rank	5.73%	6.60%
Professional, Scientific, Management, Administrative, Waste Management Services	49, 6.13%, see rank	9.23%	10.89%
Educational Services, Health Care, Social Assistance	227, 28.41%, see rank	22.97%	23.21%
Arts, Entertainment, Recreation, Accommodation, Food Services	50, 6.26%, see rank	9.21%	9.49%
Public Administration	44, 5.51%, see rank	4.54%	4.92%
Other Services, Except Public Administration	13, 1.63%, see rank	4.89%	4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

	Loretto, TN	%	Tennessee	U.S.
Population in Poverty	197	10.31%, see rank	17.83%	15.59%
Family in Poverty	39	7.18%, see rank	13.43%	11.47%

*Based on 2010-2014 data. View historical poverty level data.