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Home / United States  /  Pennsylvania / Johnstown Metro Area / Cambria County / No City / Loretto (zip 15940)

Loretto (zip 15940), Pennsylvania   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Loretto: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Cost of living
-Low crime rate
-Attractive setting

Cons

-Economy
-Low educational attainment
-Low ethnic diversity


What Bert Has To Say About Johnstown Metro Area


Johnstown is a small city located just west of the main ridge of the Alleghenies. To most outsiders it is associated with four historic and devastating, floods, the most recent in 1977. Today the city has a mixed and somewhat depressed economy and a slow pace of life, but at one time it was a major steel producing center. The tight valley-floor geography and relative distance to resources compared to other steel towns led to a long decline that climaxed with the 1977 flood. There are still some steel fabrication industries, but heavy industry and manufacturing are largely a thing of the past, and the city struggles to reinvent itself today as a service and minor high-tech player.


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Highlights


  • Profile: Small city
  • Time zone: Eastern Standard Time
  • Elevation: 1223
  • Real Estate: For Sale  For Rent
  • City: No City
  • Zip Codes: Loretto (zip 15940)

Quick Facts About Loretto


    ECONOMY
    The unemployment rate in Loretto (zip 15940) is 7.30 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Loretto (zip 15940) jobs have Decreased by 0.29 percent.
    COST OF LIVING
    Compared to the rest of the country, Loretto (zip 15940)'s cost of living is 3.20% Lower than the U.S. average.
    POPULATION
    As of 2014, Loretto (zip 15940)'s population is 4,015 people. Since 2000, it has had a population growth of 25.16 percent.
    TRANSPORTATION
    Average Commute time is 20 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Loretto (zip 15940) is $158,600. Home appreciation the last 10 years has been 4.13%.
    SCHOOLS
    Loretto (zip 15940) public schools spend $12,357 per student. The average school expenditure in the U.S. is $12,383. There are about 14.8 students per teacher in Loretto (zip 15940).

Loretto Ranked & Rated



Loretto Housing Market


It's a good time to buy in Loretto. Home Appreciation is up 4.4% in the last 12 months. Browse Loretto Real Estate.
The median home price in Loretto is $158,600. Browse Homes in this Range.
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Reviews for Loretto (zip 15940), Pennsylvania


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