Loretto vs Medicine Lake

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

Loretto and Medicine Lake 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 541 in Medicine Lake). Medicine Lake has the higher median household income ($161,250 vs $110,833 in Loretto). Medicine Lake has the higher median home value ($1,014,500 vs $350,600 in Loretto).

Population, income & housing

	Loretto	Medicine Lake
Population	805	541
Median age	35.6 yrs	44.9 yrs
Median household income	$110,833	$161,250
Median home value	$350,600	$1,014,500
Median gross rent	$888	$1,025
Housing units	290	221
Homeownership rate	82.7%	84.2%
Bachelor's degree or higher	47.6%	71.0%
Unemployment rate	1.4%	0.0%

Trends (ACS 5-year, 2019–2023)

	Loretto	Medicine Lake
Population	762 → 805 (+5.6%)	436 → 541 (+24.1%)
Median household income	$77,250 → $110,833 (+43.5%)	$86,563 → $161,250 (+86.3%)
Median home value	$260,400 → $350,600 (+34.6%)	$712,500 → $1,014,500 (+42.4%)
Median gross rent	$645 → $888 (+37.7%)	$944 → $1,025 (+8.6%)

Loretto

Population

762805

Median household income

$77,250$110,833

Median home value

$260,400$350,600

Median gross rent

$645$888

Medicine Lake

Population

436541

Median household income

$86,563$161,250

Median home value

$712,500$1,014,500

Median gross rent

$944$1,025

Age & race/ethnicity

Age distribution (share)

	Loretto	Medicine Lake
Under 5	7.6%	1.8%
5 to 17	22.7%	26.1%
18 to 24	5.5%	2.6%
25 to 34	12.2%	8.1%
35 to 44	11.1%	11.6%
45 to 54	13.2%	25.3%
55 to 64	15.5%	7.6%
65 to 74	8.2%	7.2%
75 and over	4.1%	9.6%

Race & ethnicity (share)

	Loretto	Medicine Lake
White (non-Hispanic)	93.3%	91.7%
Black or African American	5.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.1%	1.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.2%	0.6%
Two or more races	0.0%	2.6%
Hispanic or Latino	1.4%	4.1%

Educational attainment (age 25+)

Share of adults 25+

	Loretto	Medicine Lake
No high school diploma	4.4%	0.3%
High school graduate	12.6%	5.9%
Some college or associate's	35.4%	22.9%
Bachelor's degree	36.8%	38.3%
Graduate or professional degree	10.8%	32.7%

Commute to work

How workers get to work (share)

	Loretto	Medicine Lake
Drove alone	76.5%	78.9%
Carpooled	3.3%	1.1%
Public transit	0.7%	0.7%
Walked	2.4%	0.4%
Bicycle	0.0%	0.0%
Worked from home	17.2%	19.0%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Loretto	Medicine Lake
1-unit, detached	74.1%	90.0%
1-unit, attached	10.7%	2.3%
2 to 4 units	7.9%	3.2%
5 to 19 units	3.1%	4.5%
20 or more units	4.1%	0.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Loretto	Medicine Lake
Poverty rate	8.7%	2.6%
Average household size	2.83	2.52
Mean commute (minutes)	30	17
Median year structure built	1992	1966