What percentage of people rent in Loretto, TN?

Name: Renters and owners in Loretto, TN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

14.6% (±5.9 points) of the occupied homes in Loretto, TN are rented (2020–2024 American Community Survey).

That is 102 renting households against 595 that own their home.

In Loretto, the share of households that rent went from 26.0% in 2015–2019 to 14.6% in 2020–2024 (−11.4 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 14.6% (±5.9 points)
Renting households: 102 (±45)
Median renter income: $25,000 (±$17,385)

Who rents and who owns in Loretto

Tenure, estimate (90% margin of error)
	Loretto	Lawrence County	Tennessee	United States
Renter-occupied share	14.6% (±5.9 points)	22.4% (±2.5 points)	33.1% (±0.3 points)	34.8%
Renting households	102 (±45)	3,814 (±422)	933,708 (±7,883)	45,017,354
Owning households	595 (±103)	13,177 (±473)	1,890,569 (±10,295)	84,210,142
Average renter household size	1.8 (±0.5)	2.1 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.8 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$25,000 (±$17,385)	$31,400 (±$5,210)	$46,745 (±$535)	$52,966
Median owner household income	$61,420 (±$17,223)	$67,295 (±$4,423)	$85,153 (±$545)	$100,009

In Loretto, the renter share is lower than in Lawrence County (22.4%).

It is also lower than in Tennessee (33.1%).

It is lower than the national figure (34.8%).

In Lawrence County, Loretto ranks 4 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 327 of 405.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Loretto has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	26.0% (±5.3 points)	14.6% (±5.9 points)	−11.4 percentage points	Measurable decrease
Median gross rent	$638 (±$201)	$737 (±$45)	+15.5%	No measurable change after inflation
Median household income	$44,063 (±$6,110)	$55,592 (±$10,244)	+26.2%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Loretto

Nearest places with a published estimate, compared with Loretto
Place	Distance	Households that rent	Compared with this place
Loretto	—	14.6% (±5.9 points)	—
St. Joseph	4.8 mi	19.7% (±7.6 points)	Not measurably different
Lexington	9.2 mi	28.0% (±13.8 points)	Not measurably different
Lawrenceburg	13 mi	42.3% (±5.7 points)	Higher
Anderson	15 mi	9.6% (±10.5 points)	Not measurably different
Minor Hill	16 mi	42.8% (±17.0 points)	Higher
Killen	16 mi	31.2% (±10.7 points)	Higher
Lester	17 mi	14.0% (±21.6 points)	Not measurably different
St. Florian	18 mi	32.3% (±13.0 points)	Higher

Nearby places with a measurably higher figure: Lawrenceburg, TN (42.3%), Minor Hill, TN (42.8%), Killen, AL (31.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Lawrence County, place by place

Rank	Place	Households that rent
1	Lawrenceburg	42.3% (±5.7 points)
2	Ethridge	21.5% (±16.0 points)
3	St. Joseph	19.7% (±7.6 points)
4	Loretto	14.6% (±5.9 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Loretto

How many renters are there in Loretto?

Loretto has an estimated 102 (±45) renting households, 14.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Loretto?

In Loretto, the share of households that rent went from 26.0% in 2015–2019 to 14.6% in 2020–2024 (−11.4 percentage points), a measurable decrease.

How big are renting households in Loretto?

A renting household in Loretto has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Loretto?

The median renting household in Loretto, TN has an income of $25,000 (±$17,385) a year, against $61,420 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Loretto city, Tennessee (place:43700, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.