Loretto vs Memphis
| Loretto | Memphis | |
|---|---|---|
| Population | 1,811 | 630,027 |
| Median Household Income | $55,592 | $51,736 |
| Median Home Value | $161,900 | $169,000 |
| Median Gross Rent | $737/mo | $1,181/mo |
| Homeownership Rate | 85.4% | 44.9% |
| Unemployment Rate | 0.3% | 8.3% |
| Bachelor's Degree or Higher | 21.0% | 28.0% |
| Median Age | 39.6 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.