Loretto, PA Real Estate
According to census data in the year 2000 there were 148 housing units in Loretto.
This represents a 11.9% decline from 168 in 1990.
Of those housing units, 111 were located in either urbanized areas or urban clusters, and 37 were located in what is classified as a rural area.
Homeownership rate in Loretto is about 67.7%.
Loretto's vacancy rate, including seasonal lodging, is about 14.2%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Loretto were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.20% |
| Two Bedrooms | 24.30% |
| Three Bedrooms | 32.40% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 10.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.56 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.60% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 17.10% |
| Debt Free | 77.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
