Personal loans in Clara City, MN

From the 2020 Census base to the 2023 estimate, the population declined by about 4.3%. Compare APR, not the interest rate, because the APR folds in most fees on a Clara City loan. Every figure below is Minnesota's own, applied to Clara City's 1,360 residents, with the publisher and retrieval date attached. For a bigger market, look to Granite Falls, MN about 13 miles away.

Local context for Clara City

Set out below is Clara City's local context next to the state-level rules that reach every lender here.

• Population: an estimated 1,360 residents, 307th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: Roughly 4.3% fewer residents than the 2020 Census counted.
• Net change: roughly 61 fewer people than the 2020 Census counted.
• Size percentile: Clara City sits ahead of around 64% of Minnesota places, at 1,360 people.
• Population density: about 723 people per square mile across 1.9 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area: Clara City covers 1.9 square miles, the 342nd-largest area among Minnesota's 853 places.
• Share of state population: Clara City's 1,360 residents are about 0.0% of Minnesota.
• National rank: Clara City is the 9,068th most populous of the 19,457 Census places covered here.
• Growth in Minnesota: Clara City stands 819th by percentage change from 2020 to 2023, among 853 places.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Clara City's 4.3%.
• Density in Minnesota: Clara City ranks 383rd by people per square mile.
• Density vs Minnesota: Clara City's 723 people per square mile compare with a state median of 607.
• Location: 44.9574, -95.3677 (Census Gazetteer coordinates).
• Nearest larger cities: Granite Falls (13 mi); Montevideo (17 mi); Willmar (19 mi); Olivia (22 mi); Benson (27 mi). Living near a larger metro rarely changes what is available in Clara City.
• Smaller places nearby: Maynard (6 mi); Raymond (8 mi); Prinsburg (9 mi).
• Smaller places within 50 miles: 72 of them.
• Larger places within 100 miles: 144.

Clara City on the map

Clara City covers about 1.9 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 1,360 residents, the land area yields roughly 723 people per square mile. Minneapolis, the largest place in Minnesota, is about 103 miles from Clara City. A 50-mile radius around Clara City takes in 16 places that are larger. By land area it ranks 342nd of 853 Minnesota places.

What is available to Clara City borrowers

Clara City is moderately settled, with about 723 people per square mile and 16 larger places within 50 miles. Distance to a branch rarely matters for Clara City's 1,360 residents: the application is online and the price follows your credit file. The nearest bigger place is Granite Falls, MN about 13 miles away.

Minnesota consumer-lending rules applied in Clara City

This table holds the Minnesota rate and licensing rules for consumer loans made to Clara City's 1,360 residents.

Before you apply in Clara City

Before you apply in Clara City, a community of about 1,360, work through these steps:

1. Start with the credit file: order the reports, fix the errors, then apply.
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. Confirm the lender holds a Minnesota licence by checking the regulator named above.
5. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
6. Check the disclosure for fees that raise the true cost above the quoted rate.
7. Test the payment against your current bills before you commit.

The process is identical across Minnesota; what changes is your credit file, not the fact that Clara City holds 1,360 people.

Clara City against the rest of Minnesota

Set beside Minnesota's 853 places, Clara City ranks 307th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Clara City ranks 819th of 853 in Minnesota (about the 4th percentile). Its roughly 723 residents per square mile place it 383rd among Minnesota's places. In land area, Clara City ranks 342nd among Minnesota's 853 places.