Greenwood vs Loretto

A side-by-side comparison of Greenwood and Loretto: population, income, housing, and more.

Greenwood and Loretto are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Loretto has the higher population (805 vs 720 in Greenwood). Greenwood has the higher median household income ($199,063 vs $110,833 in Loretto). Greenwood has the higher median home value ($1,041,700 vs $350,600 in Loretto).

Population, income & housing

	Greenwood	Loretto
Population	720	805
Median age	48.8 yrs	35.6 yrs
Median household income	$199,063	$110,833
Median home value	$1,041,700	$350,600
Median gross rent	$1,917	$888
Housing units	340	290
Homeownership rate	90.0%	82.7%
Bachelor's degree or higher	79.5%	47.6%
Unemployment rate	2.8%	1.4%

Trends (ACS 5-year, 2019–2023)

	Greenwood	Loretto
Population	694 → 720 (+3.7%)	762 → 805 (+5.6%)
Median household income	$157,188 → $199,063 (+26.6%)	$77,250 → $110,833 (+43.5%)
Median home value	$933,100 → $1,041,700 (+11.6%)	$260,400 → $350,600 (+34.6%)
Median gross rent	$1,400 → $1,917 (+36.9%)	$645 → $888 (+37.7%)

Greenwood

Population

694720

Median household income

$157,188$199,063

Median home value

$933,100$1,041,700

Median gross rent

$1,400$1,917

Loretto

Population

762805

Median household income

$77,250$110,833

Median home value

$260,400$350,600

Median gross rent

$645$888

Age & race/ethnicity

Age distribution (share)

	Greenwood	Loretto
Under 5	5.6%	7.6%
5 to 17	11.5%	22.7%
18 to 24	1.7%	5.5%
25 to 34	19.9%	12.2%
35 to 44	7.6%	11.1%
45 to 54	11.1%	13.2%
55 to 64	23.5%	15.5%
65 to 74	9.4%	8.2%
75 and over	9.7%	4.1%

Race & ethnicity (share)

	Greenwood	Loretto
White (non-Hispanic)	97.8%	93.3%
Black or African American	0.4%	5.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.1%	0.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.2%
Two or more races	1.4%	0.0%
Hispanic or Latino	0.3%	1.4%

Educational attainment (age 25+)

Share of adults 25+

	Greenwood	Loretto
No high school diploma	0.0%	4.4%
High school graduate	5.3%	12.6%
Some college or associate's	15.2%	35.4%
Bachelor's degree	53.7%	36.8%
Graduate or professional degree	25.8%	10.8%

Commute to work

How workers get to work (share)

	Greenwood	Loretto
Drove alone	44.3%	76.5%
Carpooled	5.5%	3.3%
Public transit	0.7%	0.7%
Walked	1.7%	2.4%
Bicycle	0.0%	0.0%
Worked from home	45.5%	17.2%
Other means	2.4%	0.0%

Housing

Units in structure (share)

	Greenwood	Loretto
1-unit, detached	85.3%	74.1%
1-unit, attached	1.5%	10.7%
2 to 4 units	0.0%	7.9%
5 to 19 units	7.4%	3.1%
20 or more units	5.3%	4.1%
Mobile home & other	0.6%	0.0%

Poverty & households

	Greenwood	Loretto
Poverty rate	7.5%	8.7%
Average household size	2.56	2.83
Mean commute (minutes)	25	30
Median year structure built	1989	1992