Personal loans in Frankfort, NY
From the 2020 Census base to the 2023 estimate, the population declined by about 1.6%. Personal loans in Frankfort are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 2,289 population.
Frankfort is home to roughly 2,289 people and stands 276th by size out of 595 Census places in New York. The closest larger place is Ilion, NY about 2 miles away. Consumer lending that reaches Frankfort's 2,289 residents is governed by New York statute; no city ordinance changes it. Use the calculator on this page to price an amount and term before you commit in Frankfort.
Frankfort: population, trend and location
Frankfort is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: 2,289 residents; Frankfort is the 276th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- Population trend: Roughly 1.6% fewer residents than the 2020 Census counted.
- Net change: roughly 38 fewer people than the 2020 Census counted.
- Size percentile: Frankfort's 2,289 people outrank roughly 54% of the places in New York.
- Population density: 2,257 people per square mile on 1.0 square miles of land.
- By land area: Frankfort ranks 397th among New York's 595 places, at 1.0 sq mi.
- Water: Frankfort holds about 0.02 square miles, the 275th-largest water area in New York.
- Share of state population: Frankfort's 2,289 residents are about 0.0% of New York.
- Nationally: Frankfort is the 7,132nd-largest of 19,457 Census places in the dataset.
- Growth rank: Frankfort ranks 324th among New York's 595 places for the 2020-to-2023 change.
- Versus New York: the state average change is -1.1%, while Frankfort moved 1.6%.
- Density rank: Frankfort is the 194th most densely settled place in New York.
- Density in context: Frankfort's 2,257 people per square mile sit against a New York median of 1,515.
- Location: mapped by the US Census Bureau at 43.0378, -75.0716.
- Nearest larger cities: Ilion (2 mi); Mohawk (4 mi); Herkimer (4 mi); Utica (9 mi); Little Falls (11 mi). A branch is convenient; it is not what sets your APR.
- Nearest smaller towns: Middleville (9 mi); Clayville (10 mi); Newport (11 mi).
- Smaller places within 50 miles: 64 of them.
- At 100 miles: 84 larger Census places fall inside that radius.
Land, water and location for Frankfort
Frankfort's land area is about 1.0 square miles; a further 0.02 square miles is water. With 2,289 residents, the land area yields roughly 2,257 people per square mile. The largest place in New York, New York, lies about 174 miles away. A 50-mile radius around Frankfort takes in 24 places that are larger. The 100-mile radius contains 84 larger places.
A pre-application checklist for Frankfort
For Frankfort's roughly 2,289 residents, these are the steps that most influence the offer:
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Test your amount and term in the personal loan calculator first.
- Gather at least three pre-qualified offers and line up the APR, not the headline rate.
- Verify the lender's New York licence with the regulator listed on this page.
- If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
- Look for an origination fee or prepayment penalty in the written disclosure.
- Check that the monthly payment fits your budget next to your existing obligations.
What differs between Frankfort and the rest of New York is not the process but the borrower's own file, among the 2,289 people here.
Where Frankfort sits in New York
Against New York's other places, Frankfort accounts for about 0.0% of the state's population and ranks 276th of 595 by size. For population change between 2020 and 2023, Frankfort ranks 324th of 595 in New York (about the 46th percentile). Its roughly 2,257 residents per square mile place it 194th among New York's places. Between 2020 and 2023 the count changed by roughly 38 residents.
New York rules behind a Frankfort personal loan
When New York does not publish a figure, the row links to the source instead of inventing a number; Frankfort is bound by the same rules.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | New York State Department of Financial Services (DFS) Source says: "Notify the Department of Financial Services at (800) 342-3736 if you believe payday loans are being made in New York" | New York State Department of Financial Services as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 16% per annum maximum civil rate (Banking Law 14-a; General Obligations Law 5-501) Source says: "The maximum rate of interest provided for in section 5-501 of the general obligations law shall be sixteen per centum per annum." | New York State Senate (Open Legislation) as of 2026-09-16 |
| Payday lending status | Illegal in New York State, in person, by telephone, or over the Internet Source says: "Payday loans are illegal in New York State." | New York State Department of Financial Services as of 2026-09-16 |
Getting a loan in Frankfort
Frankfort is fairly dense, with about 2,257 people per square mile and 24 larger places within 50 miles. What is available to Frankfort's 2,289 borrowers is set by New York licensing and your own credit, not by how many branches are nearby. The nearest larger city, Ilion, NY about 2 miles away.
Common questions
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Nearby places
- Ilion, NY — population 7,567
- Mohawk, NY — population 2,378
- Herkimer, NY — population 7,235
- Middleville, NY — population 428
- Newport, NY — population 555
- Utica, NY — population 63,607
- Poland, NY — population 482
- Clayville, NY — population 334