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Loretto borough, PA
ZIP 15940 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Loretto borough, PA (15940)
Median Income
$86,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+174
Wealth inflow
Population
3,823
Unemployment
3.1%
0.6pp below US avg
IRS migration statistics show a net inflow of about 174 for ZIP 15940 (Loretto borough, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 15940 (2020–Present)
Since 2020, population declined 1.0%, median income fell 6.1% (inflation-adjusted), home values increased 5.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $86,250 |
| Unemployment | 3.1% |
| Establishments | 38 |
| Employees | 1,536 |