Personal loans in Leola, SD
The roughly 416 people who live in Leola borrow under South Dakota rules; city hall sets no personal-loan rate. At about 416 residents, Leola is larger than roughly 58% of the places in South Dakota.
The next larger city is Ipswich, SD about 20 miles away. The 2020 count to the 2023 estimate shows about 4.4% decline in Leola. To lend to Leola's 416 residents, a company must hold a South Dakota licence, and each sourced row below names the regulator behind it. Price two or three terms so you can see which payment is truly affordable in Leola.
What the Census records for Leola
The figures below are Leola's own — Census population, land area and coordinates — followed by the South Dakota rules.
- Population: a Census-estimated 416, 130th among South Dakota's 309 places (Vintage 2023).
- Population trend: A loss of roughly 4.4% between 2020 and 2023.
- People gained or lost: about 19 fewer since the 2020 base.
- Size percentile: bigger than about 58% of the places in South Dakota, with 416 residents in Leola.
- Land and density: 0.7 square miles of land carry roughly 561 residents per square mile.
- Land area: Leola covers 0.7 square miles, the 132nd-largest area among South Dakota's 309 places.
- Within South Dakota: about 0.1% of the state's population lives in Leola.
- Nationally: Leola is the 13,931st-largest of 19,457 Census places in the dataset.
- Growth in South Dakota: Leola stands 300th by percentage change from 2020 to 2023, among 309 places.
- State comparison: South Dakota's places average +0.9% for 2020-to-2023, against Leola's 4.4%.
- Density rank: Leola is the 158th most densely settled place in South Dakota.
- Density vs South Dakota: Leola's 561 people per square mile compare with a state median of 581.
- Location: latitude 45.7211, longitude -98.9385 (Census Gazetteer).
- Nearest larger cities: Ipswich (20 mi); Ellendale (28 mi); Aberdeen (29 mi); Ashley (30 mi); Eureka (33 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller communities close by: Wetonka (10 mi); Long Lake (16 mi); Forbes (17 mi), each with its own Census population profile.
- Smaller neighbours: 28 places smaller than Leola sit within 50 miles.
- Larger places within 100 miles: 39.
Where Leola sits in South Dakota
Within South Dakota, Leola holds roughly 0.1% of all residents, the 130th-largest share among 309 places. Its 2020-to-2023 change ranks 300th of 309 South Dakota places, putting it near the 3th percentile for growth. At about 561 people per square mile, Leola is the 158th most densely settled place in South Dakota. Within 50 miles sit 28 smaller Census places, alongside the 11 that are larger.
What is available to Leola borrowers
At roughly 561 people per square mile, Leola is moderately settled; 11 larger places lie within 50 miles. Distance to a branch rarely matters for Leola's 416 residents: the application is online and the price follows your credit file. The nearest larger city, Ipswich, SD about 20 miles away.
Where Leola sits
Leola covers about 0.7 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 561 people per square mile. The state's population centre of gravity, Sioux Falls, is roughly 186 miles away. Counting outward 50 miles, 11 larger communities surround Leola. The 100-mile radius contains 39 larger places.
What a Leola borrower is actually offered
With roughly 416 residents, Leola 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 Leola can be quoted different APRs on the same amount and term. Shortening the term on a Leola loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
How South Dakota law applies in Leola
Read the table as a lender's compliance picture for Leola: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | South Dakota Division of Banking (Department of Labor and Regulation) Source says: "The Division of Banking is charged with the regulation and supervision of state chartered and licensed financial institutions." | South Dakota Division of Banking (Department of Labor and Regulation) as of 2026-09-16 |
| Small-loan / installment lender licensing | Money Lender license (SDCL ch. 54-4) required for anyone lending money or creating/holding/purchasing retail installment contracts; payday and title lenders are licensed as money lenders. Source says: "to be a Money Lender and subject to the licensing requirements of South Dakota Codified Laws (SDCL) Chapter 54-4"; "Payday and title lenders are also licensed as Money Lenders under SDCL Chapter 54-4." | South Dakota Division of Banking (Department of Labor and Regulation) as of 2026-09-16 |
| Initiated Measure 21 anti-evasion rule (state-specific rule) | Initiated Measure 21 (2016) also bars evasion by indirect means; applies to loans originated, refinanced, rolled over, renewed or flipped after November 15, 2016. Source says: "prohibits these money lenders from evading this rate limitation by indirect means... a loan made in violation of this measure is void" (Division of Banking guidance on Initiated Measure 21). | South Dakota Division of Banking (Department of Labor and Regulation) as of 2026-09-16 |
Common questions
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Nearby places
- Wetonka, SD — population 13
- Forbes, ND — population 38
- Ipswich, SD — population 947
- Long Lake, SD — population 27
- Frederick, SD — population 206
- Westport, SD — population 86
- Roscoe, SD — population 281
- Ellendale, ND — population 1,093