Personal loans in Lake Mills, IA

With roughly 2,115 residents, Lake Mills is a small community, and the lending rules its borrowers live under are written in Iowa, not by the city. Read the disclosure for an origination fee and any prepayment penalty before signing in Lake Mills. State law, not city hall, decides what a lender may do to Lake Mills's roughly 2,115 residents, and a state regulator supervises it. For a bigger market, look to Forest City, IA about 12 miles away.

What the Census records for Lake Mills

What follows is Lake Mills's place in the Census record, alongside the Iowa rules that govern a personal loan made here.

• Population: a Census-estimated 2,115, 156th among Iowa's 940 places (Vintage 2023).
• Population trend: A drop of about 1.3% from 2020 to 2023.
• Change in people: the 2020-to-2023 comparison is a loss of about 27 residents.
• Size percentile: Lake Mills sits ahead of around 83% of Iowa places, at 2,115 people.
• Population density: about 779 people per square mile across 2.7 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area: Lake Mills covers 2.7 square miles, the 153rd-largest area among Iowa's 940 places.
• Water: Lake Mills holds about 0.03 square miles, the 112th-largest water area in Iowa.
• Within Iowa: about 0.1% of the state's population lives in Lake Mills.
• Nationally: Lake Mills is the 7,433rd-largest of 19,457 Census places in the dataset.
• Growth in Iowa: Lake Mills stands 473rd by percentage change from 2020 to 2023, among 940 places.
• Against the state trend: Lake Mills's 1.3% change compares with a Iowa average of -0.7% across its 940 places.
• Density rank: Lake Mills places 401st among Iowa's places by people per square mile.
• Against the state median: Lake Mills runs about 779 residents per square mile, where the Iowa median is 672.
• Location: 43.4171, -93.5316 (Census Gazetteer coordinates).
• Nearest larger cities: Forest City (12 mi); Albert Lea (18 mi); Clear Lake (21 mi); Garner (22 mi); Wells (25 mi). Larger metros often have more branches, but online lenders reach Lake Mills on the same terms.
• Nearest smaller towns: Joice (5 mi); Scarville (6 mi); Emmons (7 mi) — useful context for the surrounding area.
• Smaller neighbours: 103 places smaller than Lake Mills sit within 50 miles.
• At 100 miles: 105 larger Census places fall inside that radius.

Lake Mills's place among Iowa's 940 places

Among Iowa's 940 places, Lake Mills sits at 156th for population, a share of roughly 0.1% of the state. Its 2020-to-2023 change ranks 473rd of 940 Iowa places, putting it near the 50th percentile for growth. By density, at about 779 people per square mile, it ranks 401st in Iowa. In land area, Lake Mills ranks 153rd among Iowa's 940 places.

Where Lake Mills sits

Lake Mills's land area is about 2.7 square miles; a further 0.03 square miles is water. The resulting density is about 779 people per square mile. The largest place in Iowa, Des Moines, lies about 128 miles away. Within 50 miles of Lake Mills there are 18 larger Census places. Within the same 50 miles lie 103 smaller Census places.

How personal loans work in Lake Mills

Lake Mills is a small community of about 2,115 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Lake Mills can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Lake Mills loan is knowable in advance — unlike a revolving card balance.

Lender access in Lake Mills

Lake Mills is moderately settled, with about 779 people per square mile and 18 larger places within 50 miles. Whether Lake Mills has a local branch or not, a Iowa-licensed lender can serve its 2,115 people online on the same terms. For a larger market, the closest option is Forest City, IA about 12 miles away.

The Iowa lending rules that reach Lake Mills

This table holds the Iowa rate and licensing rules for consumer loans made to Lake Mills's 2,115 residents.