Personal loans in Madison Lake, MN

Madison Lake counts about 1,301 people, and what is genuinely local about borrowing here is limited — Minnesota law does the governing. A lender that serves Madison Lake operates under Minnesota lending statutes and a Minnesota supervisor. Decide the purpose of the loan and your repayment plan before sharing any details with a Madison Lake lender. A larger market lies at Eagle Lake, MN about 4 miles away.

Borrowing in Madison Lake: the local picture

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

• Population: a Census-estimated 1,301, 321st among Minnesota's 853 places (Vintage 2023).
• Population trend: Higher by roughly 4.1% since the 2020 count.
• People gained or lost: about 51 more since the 2020 base.
• Size percentile: about 62% of Minnesota's Census places are smaller than Madison Lake.
• Population density: 948 people per square mile on 1.4 square miles of land.
• Land area: Madison Lake covers 1.4 square miles, the 421st-largest area among Minnesota's 853 places.
• Water: Madison Lake holds about 0.01 square miles, the 368th-largest water area in Minnesota.
• State share: roughly 0.0% of Minnesota's residents live in Madison Lake (1,301 people).
• Nationally: Madison Lake is the 9,259th-largest of 19,457 Census places in the dataset.
• Growth rank: Madison Lake ranks 85th among Minnesota's 853 places for the 2020-to-2023 change.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Madison Lake's 4.1%.
• Density rank: Madison Lake is the 290th most densely settled place in Minnesota.
• Density vs Minnesota: Madison Lake's 948 people per square mile compare with a state median of 607.
• Location: 44.2081, -93.8179 (Census Gazetteer coordinates).
• Nearest larger cities: Eagle Lake (4 mi); Janesville (8 mi); Mankato (8 mi); St. Peter (11 mi); North Mankato (11 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller communities within reach: Elysian (7 mi); Cleveland (8 mi); St. Clair (9 mi).
• Smaller places within 50 miles: 58 of them.
• Larger places within 100 miles: 256.

What shapes a Madison Lake personal loan

A Madison Lake personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,301 residents. Because pricing is borrower-level, two people in Madison Lake can be quoted different APRs on the same amount and term. The term you choose in Madison Lake decides the split between a comfortable payment and the total interest you pay.

Madison Lake: area, density and distance

Madison Lake's land area is about 1.4 square miles; a further 0.01 square miles is water. Spread across it are roughly 948 residents per square mile. The state's population centre of gravity, Minneapolis, is roughly 59 miles away. Madison Lake has 59 larger places within a 50-mile radius. The 100-mile radius contains 256 larger places.

How Madison Lake compares across Minnesota

Within Minnesota, Madison Lake holds roughly 0.0% of all residents, the 321st-largest share among 853 places. On the 2020-to-2023 trend, Madison Lake stands 85th among Minnesota's 853 places — roughly the 90th percentile. By density, at about 948 people per square mile, it ranks 290th in Minnesota. In land area, Madison Lake ranks 421st among Minnesota's 853 places.

What Minnesota law requires in Madison Lake

Below are the Minnesota rules that apply to a loan made in Madison Lake, each with the regulator that issued it.

Lender access in Madison Lake

Madison Lake is moderately settled, with about 948 people per square mile and 59 larger places within 50 miles. What is available to Madison Lake's 1,301 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Eagle Lake, MN about 4 miles away.