Personal loans in Canistota, SD
With 642 residents, Canistota outranks about 69% of the communities in South Dakota. Personal loans in Canistota are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 642 population.
The 2020 count to the 2023 estimate shows about 1.4% growth in Canistota. For a community of about 642, the practical step is to compare APR across at least three lenders before committing. Consumer lending that reaches Canistota's 642 residents is governed by South Dakota statute; no city ordinance changes it. The nearest larger metro is Salem, SD about 10 miles away.
Canistota by the numbers
Canistota is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: a Census-estimated 642, 95th among South Dakota's 309 places (Vintage 2023).
- Population trend: Higher by roughly 1.4% since the 2020 count.
- People gained or lost: about 9 more since the 2020 base.
- Size percentile: about 69% of South Dakota communities are smaller than Canistota (642 residents).
- Population density: 1,144 people per square mile on 0.6 square miles of land.
- Land area rank: Canistota's 0.6 square miles rank 165th of 309 places in South Dakota.
- Within South Dakota: about 0.1% of the state's population lives in Canistota.
- National standing: Canistota ranks 12,151st of 19,457 US places.
- Growth rank: Canistota ranks 97th among South Dakota's 309 places for the 2020-to-2023 change.
- Versus South Dakota: the state average change is +0.9%, while Canistota moved 1.4%.
- Density rank: Canistota is the 56th most densely settled place in South Dakota.
- Density vs South Dakota: Canistota's 1,144 people per square mile compare with a state median of 581.
- Location: latitude 43.5978, longitude -97.2926 (Census Gazetteer).
- Nearest larger cities: Salem (10 mi); Marion (12 mi); Parker (16 mi); Hartford (18 mi); Freeman (19 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller places: Monroe (9 mi); Dolton (9 mi); Montrose (9 mi).
- Smaller places within 50 miles: 45 of them.
- Larger places within 100 miles: 115.
How personal loans work in Canistota
Canistota is a small community of about 642 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Canistota. Because the payment is fixed, the total cost of a Canistota loan is knowable in advance — unlike a revolving card balance.
Lender access in Canistota
Canistota is moderately settled, with about 1,144 people per square mile and 33 larger places within 50 miles. Lenders licensed in South Dakota reach Canistota's 642 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Salem, SD about 10 miles away.
Canistota on the map
The Census Gazetteer records about 0.6 square miles of land within Canistota, with no significant water area listed. Spread across it are roughly 1,144 residents per square mile. The largest place in South Dakota, Sioux Falls, lies about 28 miles away. A 50-mile radius around Canistota takes in 33 places that are larger. The 100-mile radius contains 115 larger places.
South Dakota consumer-lending rules applied in Canistota
Below are the South Dakota rules that apply to a loan made in Canistota, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | South Dakota Division of Banking (Department of Labor and Regulation) Source says: "The Division of Banking is charged with the regulation and supervision of state chartered and licensed financial institutions." | South Dakota Division of Banking (Department of Labor and Regulation) as of 2026-09-16 |
| Payday lending status | Legal for licensed money lenders (including payday and title lenders) but capped at 36% APR including all fees and charges; violations are a Class 1 misdemeanor and loans are void. Source says: "no licensee may contract for or receive finance charges pursuant to a loan in excess of an annual rate of thirty-six percent" (SDCL 54-4-44); "A violation of this section is a Class 1 misdemeanor. Any loan made in violation of this section is void and uncollectible" (54-4-44). | South Dakota Legislature (South Dakota Codified Laws) as of 2026-09-16 |
| Small-loan / installment lender licensing | Money Lender license (SDCL ch. 54-4) required for anyone lending money or creating/holding/purchasing retail installment contracts; payday and title lenders are licensed as money lenders. Source says: "to be a Money Lender and subject to the licensing requirements of South Dakota Codified Laws (SDCL) Chapter 54-4"; "Payday and title lenders are also licensed as Money Lenders under SDCL Chapter 54-4." | South Dakota Division of Banking (Department of Labor and Regulation) as of 2026-09-16 |
Where Canistota sits in South Dakota
Canistota is the 95th-largest of 309 Census places in South Dakota and contains about 0.1% of the state's people. On the 2020-to-2023 trend, Canistota stands 97th among South Dakota's 309 places — roughly the 69th percentile. By density, at about 1,144 people per square mile, it ranks 56th in South Dakota. In land area, Canistota ranks 165th among South Dakota's 309 places.
Common questions
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What loan size can I expect in Canistota?
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Nearby places
- Monroe, SD — population 160
- Dolton, SD — population 36
- Montrose, SD — population 466
- Salem, SD — population 1,335
- Marion, SD — population 874
- Bridgewater, SD — population 507
- Humboldt, SD — population 579
- Parker, SD — population 1,271