Personal loans in Akron, MI

Akron is a small community in Michigan, with an estimated 369 residents, and every licensed lender here follows the same state rulebook. A 2020-to-2023 comparison shows Akron down by about 1.3%. For a community of about 369, the practical step is to compare APR across at least three lenders before committing. Borrowers who want a bigger city can look to Fairgrove, MI about 3 miles away.

Borrowing in Akron: the local picture

Akron is a small community; the notes below cover its population profile and the statewide rules that apply.

• Population: 369 people, a figure that places Akron 469th among the 533 Census places in Michigan (US Census Bureau, Vintage 2023).
• Population trend: About 1.3% below the 2020 Census base.
• Absolute change: 5 residents lost between 2020 and 2023.
• Size percentile: about 12% of Michigan's Census places are smaller than Akron.
• Density: the Census land area of 0.9 sq mi holds about 391 people per square mile.
• Land area: Akron covers 0.9 square miles, the 444th-largest area among Michigan's 533 places.
• State share: roughly 0.0% of Michigan's residents live in Akron (369 people).
• Nationally: Akron is the 14,418th-largest of 19,457 Census places in the dataset.
• Growth rank: Akron's 2020-to-2023 change ranks 360th of 533 places in Michigan.
• Versus Michigan: the state average change is -0.3%, while Akron moved 1.3%.
• Density rank: Akron places 474th among Michigan's places by people per square mile.
• Density vs Michigan: Akron's 391 people per square mile compare with a state median of 1,078.
• Location: 43.5667, -83.5143 (Census Gazetteer coordinates).
• Nearest larger cities: Fairgrove (3 mi); Unionville (6 mi); Caro (8 mi); Reese (12 mi); Sebewaing (12 mi). A branch is convenient; it is not what sets your APR.
• Smaller towns nearby: Gagetown (15 mi); Owendale (17 mi); Clifford (24 mi).
• Smaller places within 50 miles: 14 of them.
• Within 100 miles: 243 places are larger than Akron.

Borrowing reach in Akron

Akron is lightly settled, with about 391 people per square mile and 67 larger places within 50 miles. A Michigan licence lets a lender serve Akron without a local office, so branch density does not change what its 369 residents are offered. The nearest larger city, Fairgrove, MI about 3 miles away.

What to do before borrowing in Akron

Before you apply in Akron, a community of about 369, work through these steps:

1. Get your credit reports, dispute what is wrong, and only then start shopping.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Look the lender up in the Michigan regulator's licence records before you sign.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Akron-specific: the same Michigan licensing and disclosure rules reach all 369 residents.

Land, water and location for Akron

The Census Gazetteer records about 0.9 square miles of land within Akron, with no significant water area listed. That land carries about 391 people per square mile. The state's population centre of gravity, Detroit, is roughly 84 miles away. Within 50 miles of Akron there are 67 larger Census places. By land area it ranks 444th of 533 Michigan places.

Akron in state context

Within Michigan, Akron holds roughly 0.0% of all residents, the 469th-largest share among 533 places. On the 2020-to-2023 trend, Akron stands 360th among Michigan's 533 places — roughly the 32th percentile. By density, at about 391 people per square mile, it ranks 474th in Michigan. By land area, its 0.9 square miles rank 444th of 533 places in Michigan.

The state rulebook for Akron

These are Michigan's sourced lending facts as they reach Akron's 369 residents; the state has no city-level rate rule.