Personal loans in Kaktovik, AK

An estimated 272 people make their home in Kaktovik, a figure that ranks 88th in Alaska. Population in Kaktovik dropped about 5.2% over the three years from 2020 to 2023. Use the calculator on this page to price an amount and term before you commit in Kaktovik. The nearest larger city is outside a 120-mile radius of Kaktovik.

The Kaktovik data picture

Kaktovik is a small community; the notes below cover its population profile and the statewide rules that apply.

• Population: a Census-estimated 272, 88th among Alaska's 149 places (Vintage 2023).
• Population trend: Lower by roughly 5.2% since the 2020 count.
• Absolute change: 15 residents lost between 2020 and 2023.
• Size percentile: about 41% of Alaska communities are smaller than Kaktovik (272 residents).
• Land and density: 0.8 square miles of land carry roughly 351 residents per square mile.
• By land area: Kaktovik ranks 141st among Alaska's 149 places, at 0.8 sq mi.
• Water: Kaktovik holds about 0.27 square miles, the 108th-largest water area in Alaska.
• State share: roughly 0.1% of Alaska's residents live in Kaktovik (272 people).
• National rank: Kaktovik is the 15,454th most populous of the 19,457 Census places covered here.
• Growth in Alaska: Kaktovik stands 124th by percentage change from 2020 to 2023, among 149 places.
• Against the state trend: Kaktovik's 5.2% change compares with a Alaska average of -3.1% across its 149 places.
• Density rank: Kaktovik is the 22nd most densely settled place in Alaska.
• Density in context: Kaktovik's 351 people per square mile sit against a Alaska median of 40.
• Location: mapped by the US Census Bureau at 70.1210, -143.6303.
• Smaller neighbours: 0 places smaller than Kaktovik sit within 50 miles.
• At 100 miles: 0 larger Census places fall inside that radius.

Alaska consumer-lending rules applied in Kaktovik

This table holds the Alaska rate and licensing rules for consumer loans made to Kaktovik's 272 residents.

Lender access in Kaktovik

At roughly 351 people per square mile, Kaktovik is lightly settled; 0 larger places lie within 50 miles. Whether Kaktovik has a local branch or not, a Alaska-licensed lender can serve its 272 people online on the same terms.

Kaktovik: area, density and distance

Kaktovik's land area is about 0.8 square miles; a further 0.27 square miles is water. With 272 residents, the land area yields roughly 351 people per square mile. The largest place in Alaska, Anchorage, lies about 638 miles away. Kaktovik has 0 larger places within a 50-mile radius. Within the same 50 miles lie 0 smaller Census places.

Before you apply in Kaktovik

Before you hand your details to a lender in Kaktovik, where the population is near 272:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Model the payment on the calculator before a lender models it for you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Look the lender up in the Alaska regulator's licence records before you sign.
5. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

What differs between Kaktovik and the rest of Alaska is not the process but the borrower's own file, among the 272 people here.

Inside a Kaktovik personal loan

With roughly 272 residents, Kaktovik is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Because pricing is borrower-level, two people in Kaktovik can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Kaktovik loan is knowable in advance — unlike a revolving card balance.