Personal loans in Amherst, VA

From the 2020 Census base to the 2023 estimate, the population rose by about 0.1%. Price two or three terms so you can see which payment is truly affordable in Amherst. A single loan can carry different costs on either side of a state line, and Amherst sits on the Virginia side of that line. A larger market lies at Lynchburg, VA about 15 miles away.

Amherst: population, trend and location

The figures below are Amherst's own — Census population, land area and coordinates — followed by the Virginia rules.

• Population: an estimated 2,113 residents, 94th of 227 places in Virginia (Census Vintage 2023 subcounty estimate).
• Population trend: Roughly 0.1% more residents than the 2020 Census counted.
• Absolute change: 3 residents added between 2020 and 2023.
• Size percentile: bigger than about 59% of the places in Virginia, with 2,113 residents in Amherst.
• Population density: about 431 people per square mile across 4.9 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area rank: Amherst's 4.9 square miles rank 60th of 227 places in Virginia.
• Water area rank: Amherst ranks 97th among Virginia's 227 places, with 0.02 sq mi.
• Share of state population: Amherst's 2,113 residents are about 0.1% of Virginia.
• National standing: Amherst ranks 7,439th of 19,457 US places.
• Growth rank: Amherst's 2020-to-2023 change ranks 87th of 227 places in Virginia.
• Versus Virginia: the state average change is -0.0%, while Amherst moved 0.1%.
• Density rank: Amherst places 177th among Virginia's places by people per square mile.
• Against the state median: Amherst runs about 431 residents per square mile, where the Virginia median is 823.
• Location: 37.5819, -79.0520 (US Census Bureau Gazetteer).
• Nearest larger cities: Lynchburg (15 mi); Buena Vista (20 mi); Lexington (26 mi); Bedford (30 mi); Altavista (34 mi). Lenders licensed in the state serve Amherst whether or not they keep a local branch.
• Nearest smaller places: Appomattox (20 mi); Glasgow (22 mi); Pamplin City (30 mi).
• Smaller neighbours: 18 places smaller than Amherst sit within 50 miles.
• Within 100 miles: 56 places are larger than Amherst.

What Virginia law requires in Amherst

Below are the Virginia rules that apply to a loan made in Amherst, each with the regulator that issued it.

How a Amherst personal loan is priced

With roughly 2,113 residents, Amherst is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Amherst's 2,113 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Amherst loan is knowable in advance — unlike a revolving card balance.

Getting a loan in Amherst

With about 431 residents per square mile, Amherst is lightly settled, and 11 larger Census places sit within 50 miles. Whether Amherst has a local branch or not, a Virginia-licensed lender can serve its 2,113 people online on the same terms. The nearest bigger place is Lynchburg, VA about 15 miles away.

The geography behind Amherst

Inside Amherst's boundaries lie roughly 4.9 square miles of land and 0.02 square miles of water. With 2,113 residents, the land area yields roughly 431 people per square mile. The largest place in Virginia, Virginia Beach, lies about 175 miles away. Amherst has 11 larger places within a 50-mile radius. Within the same 50 miles lie 18 smaller Census places.

Amherst in state context

Amherst is the 94th-largest of 227 Census places in Virginia and contains about 0.1% of the state's people. For population change between 2020 and 2023, Amherst ranks 87th of 227 in Virginia (about the 62th percentile). Its roughly 431 residents per square mile place it 177th among Virginia's places. The population moved by about 3 people between 2020 and 2023, a 0.1% shift.