Personal loans in Mound, MN

Personal loans in Mound are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 8,895 population. If debt is already a strain, a nonprofit credit counsellor can help Mound residents before they take on more. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Mound as from the rest of the state. Borrowers who want a bigger city can look to Victoria, MN about 5 miles away.

Mound: population, trend and location

Most of what governs a Mound loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

• Population: the Census counts 8,895 residents in Mound (Vintage 2023 subcounty estimate), the 111th-largest figure among Minnesota's 853 places.
• Population trend: A decline of about 5.3% across the 2020-to-2023 comparison.
• People gained or lost: about 502 fewer since the 2020 base.
• Size percentile: Mound sits ahead of around 87% of Minnesota places, at 8,895 people.
• Density: the Census land area of 2.9 sq mi holds about 3,109 people per square mile.
• Land area: Mound covers 2.9 square miles, the 260th-largest area among Minnesota's 853 places.
• Water area: Mound has 2.22 square miles of water, ranking 38th of 853 places in Minnesota.
• State share: roughly 0.2% of Minnesota's residents live in Mound (8,895 people).
• National rank: Mound is 3,409th of 19,457 places nationwide.
• Growth rank: Mound ranks 835th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Mound's 5.3% change compares with a Minnesota average of +0.1% across its 853 places.
• Density in Minnesota: Mound ranks 29th by people per square mile.
• Against the state median: Mound runs about 3,109 residents per square mile, where the Minnesota median is 607.
• Location: mapped by the US Census Bureau at 44.9320, -93.6583.
• Nearest larger cities: Victoria (5 mi); Chanhassen (7 mi); Chaska (8 mi); Waconia (9 mi); Minnetonka (10 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller communities close by: Spring Park (1 mi); Minnetrista (3 mi); Shorewood (4 mi), each with its own Census population profile.
• Smaller neighbours: 134 places smaller than Mound sit within 50 miles.
• Larger places within 100 miles: 98.

How lenders reach Mound

At roughly 3,109 people per square mile, Mound is fairly dense; 80 larger places lie within 50 miles. A Minnesota licence lets a lender serve Mound without a local office, so branch density does not change what its 8,895 residents are offered. The nearest larger city, Victoria, MN about 5 miles away.

How Mound compares across Minnesota

Among Minnesota's 853 places, Mound sits at 111th for population, a share of roughly 0.2% of the state. For population change between 2020 and 2023, Mound ranks 835th of 853 in Minnesota (about the 2th percentile). At about 3,109 people per square mile, Mound is the 29th most densely settled place in Minnesota. Within 50 miles sit 134 smaller Census places, alongside the 80 that are larger.

How Minnesota law applies in Mound

This table holds the Minnesota rate and licensing rules for consumer loans made to Mound's 8,895 residents.

Land, water and location for Mound

Mound's land area is about 2.9 square miles; a further 2.22 square miles is water. With 8,895 residents, the land area yields roughly 3,109 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 19 miles away. Within 50 miles of Mound there are 80 larger Census places. The 100-mile radius contains 98 larger places.

Inside a Mound personal loan

In Mound, a small town of about 8,895, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Mound's rank of 111th in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Mound decides the split between a comfortable payment and the total interest you pay.