Loretto vs Tonka Bay

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

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

Tonka Bay has the higher population (1,361 vs 805 in Loretto). Tonka Bay has the higher median household income ($151,563 vs $110,833 in Loretto). Tonka Bay has the higher median home value ($869,900 vs $350,600 in Loretto).

Population, income & housing

	Loretto	Tonka Bay
Population	805	1,361
Median age	35.6 yrs	57.7 yrs
Median household income	$110,833	$151,563
Median home value	$350,600	$869,900
Median gross rent	$888	$2,299
Housing units	290	619
Homeownership rate	82.7%	86.8%
Bachelor's degree or higher	47.6%	64.8%
Unemployment rate	1.4%	9.1%

Trends (ACS 5-year, 2019–2023)

	Loretto	Tonka Bay
Population	762 → 805 (+5.6%)	1,570 → 1,361 (-13.3%)
Median household income	$77,250 → $110,833 (+43.5%)	$133,000 → $151,563 (+14.0%)
Median home value	$260,400 → $350,600 (+34.6%)	$661,400 → $869,900 (+31.5%)
Median gross rent	$645 → $888 (+37.7%)	$1,667 → $2,299 (+37.9%)

Loretto

Population

762805

Median household income

$77,250$110,833

Median home value

$260,400$350,600

Median gross rent

$645$888

Tonka Bay

Population

1,5701,361

Median household income

$133,000$151,563

Median home value

$661,400$869,900

Median gross rent

$1,667$2,299

Age & race/ethnicity

Age distribution (share)

	Loretto	Tonka Bay
Under 5	7.6%	1.5%
5 to 17	22.7%	13.0%
18 to 24	5.5%	4.0%
25 to 34	12.2%	3.5%
35 to 44	11.1%	8.4%
45 to 54	13.2%	13.2%
55 to 64	15.5%	25.2%
65 to 74	8.2%	22.0%
75 and over	4.1%	9.2%

Race & ethnicity (share)

	Loretto	Tonka Bay
White (non-Hispanic)	93.3%	91.3%
Black or African American	5.0%	0.4%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.1%	0.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.2%	0.0%
Two or more races	0.0%	3.5%
Hispanic or Latino	1.4%	4.6%

Educational attainment (age 25+)

Share of adults 25+

	Loretto	Tonka Bay
No high school diploma	4.4%	0.6%
High school graduate	12.6%	15.8%
Some college or associate's	35.4%	18.8%
Bachelor's degree	36.8%	41.4%
Graduate or professional degree	10.8%	23.4%

Commute to work

How workers get to work (share)

	Loretto	Tonka Bay
Drove alone	76.5%	58.7%
Carpooled	3.3%	3.0%
Public transit	0.7%	2.4%
Walked	2.4%	0.7%
Bicycle	0.0%	0.0%
Worked from home	17.2%	34.4%
Other means	0.0%	0.7%

Housing

Units in structure (share)

	Loretto	Tonka Bay
1-unit, detached	74.1%	90.6%
1-unit, attached	10.7%	6.5%
2 to 4 units	7.9%	0.0%
5 to 19 units	3.1%	0.0%
20 or more units	4.1%	2.9%
Mobile home & other	0.0%	0.0%

Poverty & households

	Loretto	Tonka Bay
Poverty rate	8.7%	3.2%
Average household size	2.83	2.39
Mean commute (minutes)	30	26
Median year structure built	1992	1980