Personal loans in Madrid, IA

The 2020 count to the 2023 estimate shows about 0.2% decline in Madrid. Rate-shopping from Madrid costs nothing at pre-qualification, where a soft pull leaves your credit file alone. For the 2,799 people in Madrid, Iowa runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The closest larger city is Polk City, IA about 8 miles away.

The Madrid data picture

Read the local figures below as context; read the sourced Iowa table as the rulebook a lender here must follow.

• Population: the Census counts 2,799 residents in Madrid (Vintage 2023 subcounty estimate), the 126th-largest figure among Iowa's 940 places.
• Population trend: A drop of about 0.2% from 2020 to 2023.
• Change in people: the 2020-to-2023 comparison is a loss of about 5 residents.
• Size percentile: roughly 87% of Iowa's places have fewer residents than Madrid's 2,799.
• Population density: about 2,287 people per square mile (Census land area 1.2 sq mi).
• By land area: Madrid ranks 317th among Iowa's 940 places, at 1.2 sq mi.
• Within Iowa: about 0.1% of the state's population lives in Madrid.
• National standing: Madrid ranks 6,496th of 19,457 US places.
• Growth rank: Madrid's 2020-to-2023 change ranks 306th of 940 places in Iowa.
• Versus Iowa: the state average change is -0.7%, while Madrid moved 0.2%.
• Density in Iowa: Madrid ranks 13th by people per square mile.
• Density vs Iowa: Madrid's 2,287 people per square mile compare with a state median of 672.
• Location: 41.8757 / -93.8205, per the US Census Bureau Gazetteer.
• Nearest larger cities: Polk City (8 mi); Huxley (12 mi); Boone (12 mi); Johnston (14 mi); Grimes (14 mi). A branch is convenient; it is not what sets your APR.
• Smaller towns nearby: Woodward (5 mi); Luther (6 mi); Sheldahl (6 mi).
• Smaller places within 50 miles: 120 of them.
• Within 100 miles: 63 places are larger than Madrid.

Madrid in state context

Set beside Iowa's 940 places, Madrid ranks 126th by population and holds about 0.1% of the state total. On the 2020-to-2023 trend, Madrid stands 306th among Iowa's 940 places — roughly the 67th percentile. At about 2,287 people per square mile, Madrid is the 13th most densely settled place in Iowa. Within 50 miles sit 120 smaller Census places, alongside the 29 that are larger.

The state rulebook for Madrid

This table holds the Iowa rate and licensing rules for consumer loans made to Madrid's 2,799 residents.

What is available to Madrid borrowers

At roughly 2,287 people per square mile, Madrid is fairly dense; 29 larger places lie within 50 miles. A Iowa licence lets a lender serve Madrid without a local office, so branch density does not change what its 2,799 residents are offered. The nearest bigger place is Polk City, IA about 8 miles away.

Inside a Madrid personal loan

Madrid is a small community of about 2,799 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Madrid's rank of 126th in Iowa: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Madrid decides the split between a comfortable payment and the total interest you pay.

Where Madrid sits

Inside Madrid's boundaries lie about 1.2 square miles of land, with no significant water area recorded. That land carries about 2,287 people per square mile. The state's population centre of gravity, Des Moines, is roughly 24 miles away. A 50-mile radius around Madrid takes in 29 places that are larger. By land area it ranks 317th of 940 Iowa places.