Personal loans in Nokomis, IL
Roughly 2,091 residents live in Nokomis, the 468th-largest community in Illinois. Population in Nokomis dropped about 2.5% over the three years from 2020 to 2023.
Nokomis is a small community of about 2,091 residents, and a personal loan taken out here is governed by Illinois statute. For the 2,091 people in Nokomis, Illinois runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. If debt is already a strain, a nonprofit credit counsellor can help Nokomis residents before they take on more. The closest larger city is Pana, IL about 12 miles away.
The Nokomis data picture
Set out below is Nokomis's local context next to the state-level rules that reach every lender here.
- Population: 2,091 residents; Nokomis is the 468th-largest of 1,294 places in Illinois (US Census Bureau, Vintage 2023).
- Population trend: Down about 2.5% from the 2020 Census base to the 2023 estimate.
- Absolute change: 54 residents lost between 2020 and 2023.
- Size percentile: roughly 64% of Illinois places rank below Nokomis.
- Density: roughly 1,656 residents per square mile, spread over 1.3 sq mi of land.
- Land area: Nokomis covers 1.3 square miles, the 627th-largest area among Illinois's 1,294 places.
- Within Illinois: about 0.0% of the state's population lives in Nokomis.
- National standing: Nokomis ranks 7,474th of 19,457 US places.
- Growth in Illinois: Nokomis stands 804th by percentage change from 2020 to 2023, among 1,294 places.
- Versus Illinois: the state average change is -2.0%, while Nokomis moved 2.5%.
- Density rank: Nokomis is the 316th most densely settled place in Illinois.
- Density vs Illinois: Nokomis's 1,656 people per square mile compare with a state median of 993.
- Location: latitude 39.3003, longitude -89.2852 (Census Gazetteer).
- Nearest larger cities: Pana (12 mi); Hillsboro (13 mi); Taylorville (18 mi); Litchfield (22 mi); Vandalia (24 mi). Living near a larger metro rarely changes what is available in Nokomis.
- Nearest smaller towns: Wenonah (1 mi); Coalton (1 mi); Ohlman (5 mi).
- Smaller places within 50 miles: 136 of them.
- At 100 miles: 200 larger Census places fall inside that radius.
Where Nokomis sits in Illinois
Within Illinois, Nokomis holds roughly 0.0% of all residents, the 468th-largest share among 1,294 places. On the 2020-to-2023 trend, Nokomis stands 804th among Illinois's 1,294 places — roughly the 38th percentile. Its roughly 1,656 residents per square mile place it 316th among Illinois's places. Between 2020 and 2023 the count changed by roughly 54 residents.
Which Illinois laws govern a loan in Nokomis
For the roughly 2,091 residents of Nokomis, the rules below are Illinois's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Installment lender net-worth requirement | $30,000 minimum positive net worth (plus $25,000 surety bond) Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
What is available to Nokomis borrowers
At roughly 1,656 people per square mile, Nokomis is moderately settled; 31 larger places lie within 50 miles. Whether Nokomis has a local branch or not, a Illinois-licensed lender can serve its 2,091 people online on the same terms. The nearest larger city, Pana, IL about 12 miles away.
Where Nokomis sits
Nokomis's land area is roughly 1.3 square miles, and the Gazetteer records no significant water area within it. That land carries about 1,656 people per square mile. The state's population centre of gravity, Chicago, is roughly 194 miles away. Counting outward 50 miles, 31 larger communities surround Nokomis. Within the same 50 miles lie 136 smaller Census places.
The anatomy of a Nokomis personal loan
Nokomis is a small community of about 2,091 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Nokomis. Shortening the term on a Nokomis loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Common questions
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Nearby places
- Wenonah, IL — population 29
- Coalton, IL — population 307
- Witt, IL — population 764
- Ohlman, IL — population 108
- Irving, IL — population 365
- Oconee, IL — population 138
- Fillmore, IL — population 298
- Palmer, IL — population 207