Personal loans in Florence, IL

Census figures put the 2020-to-2023 decrease in Florence at about 5.6%. A single loan can carry different costs on either side of a state line, and Florence sits on the Illinois side of that line. If debt is already a strain, a nonprofit credit counsellor can help Florence residents before they take on more. The next larger city is Detroit, IL about 3 miles away.

Where Florence stands

Two layers matter for a Florence borrower: the local population picture and Illinois's consumer-lending statutes.

• Population: 17 people, a figure that places Florence 1,293rd among the 1,294 Census places in Illinois (US Census Bureau, Vintage 2023).
• Population trend: Roughly 5.6% fewer residents than the 2020 Census counted.
• People gained or lost: about 1 fewer since the 2020 base.
• Size percentile: bigger than about 0% of the places in Illinois, with 17 residents in Florence.
• Population density: about 62 people per square mile (Census land area 0.3 sq mi).
• By land area: Florence ranks 1,181st among Illinois's 1,294 places, at 0.3 sq mi.
• Water area rank: Florence ranks 236th among Illinois's 1,294 places, with 0.08 sq mi.
• Share of state population: Florence's 17 residents are about 0.0% of Illinois.
• National rank: Florence sits 19,370th by population among the 19,457 places in this dataset.
• Growth rank: Florence's 2020-to-2023 change ranks 1,279th of 1,294 places in Illinois.
• State comparison: Illinois's places average -2.0% for 2020-to-2023, against Florence's 5.6%.
• Density in Illinois: Florence ranks 1,288th by people per square mile.
• Against the state median: Florence runs about 62 residents per square mile, where the Illinois median is 993.
• Location: the Census Gazetteer records it at 39.6284, -90.6128.
• Nearest larger cities: Detroit (3 mi); Milton (5 mi); Griggsville (8 mi); Winchester (8 mi); Naples (9 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller communities close by: Valley City (6 mi); Annada (28 mi); Champ (62 mi), each with its own Census population profile.
• Within a 50-mile radius: 2 smaller Census places.
• Larger places within 100 miles: 640.

The geography behind Florence

Florence's land area is about 0.3 square miles; a further 0.08 square miles is water. The resulting density is about 62 people per square mile. Chicago, the largest place in Illinois, is about 216 miles from Florence. A 50-mile radius around Florence takes in 130 places that are larger. Within the same 50 miles lie 2 smaller Census places.

Florence's place among Illinois's 1,294 places

Set beside Illinois's 1,294 places, Florence ranks 1,293rd by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 1,279th of 1,294 Illinois places, putting it near the 1th percentile for growth. Its roughly 62 residents per square mile place it 1,288th among Illinois's places. By land area, its 0.3 square miles rank 1,181st of 1,294 places in Illinois.

How Illinois law applies in Florence

This table holds the Illinois rate and licensing rules for consumer loans made to Florence's 17 residents.

What a Florence borrower is actually offered

In Florence, a small community of about 17, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Florence's rank of 1,293rd in Illinois: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Florence loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

What is available to Florence borrowers

At roughly 62 people per square mile, Florence is sparsely settled; 130 larger places lie within 50 miles. What is available to Florence's 17 borrowers is set by Illinois licensing and your own credit, not by how many branches are nearby. The nearest larger city, Detroit, IL about 3 miles away.