Personal loans in Madison, AR
The Census estimates 717 residents in Madison, which ranks it 219th of 500 places in Arkansas. Madison is a small community of about 717 residents, and a personal loan taken out here is governed by Arkansas statute.
Madison shed about 5.2% of its population between the 2020 base and the 2023 estimate. Judge Madison offers on total cost, not on how quickly the money arrives. Every figure below is Arkansas's own, applied to Madison's 717 residents, with the publisher and retrieval date attached. The nearest larger city is Forrest City, AR about 4 miles away.
Local context for Madison
Read the local figures below as context; read the sourced Arkansas table as the rulebook a lender here must follow.
- Population: the Census counts 717 residents in Madison (Vintage 2023 subcounty estimate), the 219th-largest figure among Arkansas's 500 places.
- Population trend: The 2020-to-2023 change is negative, near 5.2%.
- People gained or lost: about 39 fewer since the 2020 base.
- Size percentile: bigger than about 56% of the places in Arkansas, with 717 residents in Madison.
- Density: roughly 289 residents per square mile, spread over 2.5 sq mi of land.
- Land area: Madison covers 2.5 square miles, the 213th-largest area among Arkansas's 500 places.
- Water area: Madison has 0.07 square miles of water, ranking 75th of 500 places in Arkansas.
- Share of state population: Madison's 717 residents are about 0.0% of Arkansas.
- National rank: Madison is 11,698th of 19,457 places nationwide.
- Growth in Arkansas: Madison stands 454th by percentage change from 2020 to 2023, among 500 places.
- Against the state trend: Madison's 5.2% change compares with a Arkansas average of +0.3% across its 500 places.
- Density rank: Madison places 312th among Arkansas's places by people per square mile.
- Against the state median: Madison runs about 289 residents per square mile, where the Arkansas median is 386.
- Location: 35.0180, -90.7311 (Census Gazetteer coordinates).
- Nearest larger cities: Forrest City (4 mi); Wynne (15 mi); Hughes (15 mi); Marianna (17 mi); Parkin (20 mi). Larger metros often have more branches, but online lenders reach Madison on the same terms.
- Nearest smaller towns: Widener (3 mi); Caldwell (6 mi); Colt (9 mi).
- Within a 50-mile radius: 53 smaller Census places.
- Within 100 miles: 150 places are larger than Madison.
Arkansas rules behind a Madison personal loan
These are Arkansas's sourced lending facts as they reach Madison's 717 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Arkansas State Bank Department Source says: "The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas". | Arkansas State Bank Department as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 17% per annum for loans not made by or to governmental units or by federally insured depository institutions (Amendment 89, effective January 1, 2011) Source says: "shall not exceed seventeen percent (17%) per annum". | Arkansas Legislature — Arkansas Constitution, Amendment 89, § 3 (proposed by H.J.R. 1004 of 2009) as of 2026-09-16 |
| Payday lending status | Not permitted — all storefront payday lending eliminated; the Attorney General has worked to eliminate all forms of payday lending since 2008 Source says: "the Attorney General's office has worked to eliminate all forms of payday lending in Arkansas"; "all storefront payday loan operations in Arkansas have been shut down". | Arkansas Attorney General — Consumer Protection Division as of 2026-09-16 |
How personal loans work in Madison
Madison is a small community of about 717 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 Madison can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Madison loan but raises total interest, so the smallest payment is not the cheapest loan.
Madison: area, density and distance
Madison's land area is about 2.5 square miles; a further 0.07 square miles is water. The resulting density is about 289 people per square mile. For the state's biggest city, Little Rock, the distance is roughly 94 miles. Madison has 28 larger places within a 50-mile radius. Within the same 50 miles lie 53 smaller Census places.
Madison's place among Arkansas's 500 places
Set beside Arkansas's 500 places, Madison ranks 219th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 454th of 500 Arkansas places, putting it near the 9th percentile for growth. By density, at about 289 people per square mile, it ranks 312th in Arkansas. The population moved by about 39 people between 2020 and 2023, a 5.2% shift.
Borrowing reach in Madison
At roughly 289 people per square mile, Madison is lightly settled; 28 larger places lie within 50 miles. What is available to Madison's 717 borrowers is set by Arkansas licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Forrest City, AR about 4 miles away.
Common questions
What are my options in Madison if my credit is poor?
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Does comparing loans in Madison cost me credit score points?
Nearby places
- Widener, AR — population 203
- Forrest City, AR — population 12,490
- Caldwell, AR — population 429
- Colt, AR — population 284
- Haynes, AR — population 113
- Palestine, AR — population 480
- Wynne, AR — population 8,011
- Marianna, AR — population 3,314