Last updated: 2024 BLS data · Page refreshed:
Loraine has a population of 341 with a median age of 49.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 341 |
| Median Age | 49.8 |
| White | 94.4% |
| Black or African American | 2.3% |
| Hispanic or Latino | 1.2% |
| Other / Two or More Races | 2.1% |
The median household income in Loraine is $58,750, which is 27.1% below the national median of $80,610. The per capita income is $32,266. The poverty rate is 8.8%.
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In Loraine, 92.9% of residents age 25+ have a high school diploma or higher, and 9.8% hold a bachelor's degree or higher (3.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 9.8% |
| Graduate or Professional Degree | 3.4% |
The median home value in Loraine is $83,600, below the national median of $303,400. The median monthly rent is $673. The homeownership rate is 82.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $83,600 |
| Median Monthly Rent | $673 |
| Homeownership Rate | 82.8% |
| Vacancy Rate | 11.3% |
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