Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

16 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,765

Average Rent as Percentage of Gross Income

Median rent for 2018: $604

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $2,405
--Home Prepared Food $1,355
--Restaurant/Takeaway Food $1,050
Alcoholic Beverages $177
Housing $6,097
--Rent/Mortgage/Upkeep/Taxes $3,565
--Utilities $1,229
--Operations $463
--Supplies $227
--Furnishings $616
Apparel $566
--Men & Boys $126
--Women & Girls $229
--Children < 2 $2
--Footwear $119
Transportation $2,961
--New Vehicles $554
--Used Vehicles $632
--Fuel $639
--Insurance $296
--Public Transit $248
Healthcare $1,508
Entertainment $978
--Pets $200
--Toys $48
Personal Care Products $234
Books & Literature $33
Education $427
Tobacco Products $105
Miscellaneous $301
Retirement $573
Non-health Insurance $2,214
Total Expenditures $18,579

Selected Population Data

Period Geography Population
2014 Loretto city, Minnesota 701
2015 Loretto city, Minnesota 709
2016 Loretto city, Minnesota 672
2017 Loretto city, Minnesota 694
2018 Loretto city, Minnesota 746