Loretto, Tennessee.
Typical home $235,817 (+4.7% in a year). Lawrenceburg, TN metro.
to buy the typical home at today's mortgage rate — +$729 (+143%) since Jan 2020.
- 1 year
- Up $10,678 +5%
- $225,139$235,817 since Sep 2025
- 5 years
- Up $56,422 +31%
- $179,394$235,817 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Loretto$1,238
- Tennessee$1,737
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Loretto, TN rose 4.7% over the past year — faster than the nation's +1.2%.
Living in Loretto, Lawrence County, Tennessee
Loretto is a city of 1,739 people in Lawrence County. Half its households earn more than $55,592 a year and half less, against $54,706 across Lawrence County; 9% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Lawrence County was 4.3% in August 2026, and the county had 1.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Loretto is a small city where nearly everyone owns the home they live in, far more than is usual across the country. Household incomes run a little above the county's, and a typical home is valued at about what the national market would suggest for a town of this size. Winters are cool, with January the coldest month and frost common overnight, and summers are hot, with July the warmest. Rain and melted snow add up to a good deal over the year.
Work. Residents work mostly in schools, hospitals and social care, with many others in manufacturing, in restaurants and hotels, and in transport, warehouses and utilities. Across Lawrence County, the largest workplaces include Lawrence County Schools, Crockett Hospital and Modine Manufacturing Company - Lawrenceburg 2. Jobs across the county have slipped a little from the year before, and unemployment is about where it was a year ago. Commutes are fairly long, and few people work from home.
Things to do. For time outdoors, David Crockett State Park is a protected area and Wheeler Lake is a large reservoir, both a longer drive away. Muscle Shoals Sound Studio, also a longer drive away, is a museum for anyone interested in the history of recorded music.
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- 697households
- 21%of adults have a degree
- 9%below the poverty line
- 28 mintypical commute
- 7%work from home
What residents work in
Employed residents by industry, from the Census survey. Lawrence County had 11,638 jobs in 2025, 1.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 51° and lows near 31°; warmest in July, with highs near 90° and lows near 69°. About 59 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lexington weather station, 9 miles away (NOAA).
Largest workplaces in Lawrence County
- Lawrence County SchoolsSchool district997FTE
- Edwards Oil CompanyGasoline stations with convenience stores600
- Crockett HospitalHospital367
- Lawrence County GovernmentGeneral services departments, government364
- Modine Manufacturing Company - Lawrenceburg 2Radiators and cores manufacturing356
- WalmartWarehouse clubs and supercenters350
- Southern TN Lawrenceburg HospitalGeneral hospital257FTE
- Graphic Packaging InternationalPaper and paperboard234
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 35 workplaces with 20 or more staff, 4,673 people in all across the county; Loretto has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- TornadoesVery high
- Cold wavesRelatively high
- EarthquakesRelatively moderate
- Strong windRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Loretto’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lawrence County and the Lawrenceburg, TN metro.
Loretto home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Loretto$235,817
- Tennessee$330,844
- United States$366,157
Sellers are cutting prices on about 1 in 4 Loretto listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Loretto26.41%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Loretto31
New listings per month
Sellers arriving at the market.
- Loretto5
Zip codes with a Loretto address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Loretto — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.