Personal loans in Spicer, MN

Census figures put the 2020-to-2023 decrease in Spicer at about 2.8%. Compare APR, not the interest rate, because the APR folds in most fees on a Spicer loan. A lender that serves Spicer operates under Minnesota lending statutes and a Minnesota supervisor. The closest larger city is New London, MN about 4 miles away.

Where Spicer stands

Here is the sourced Census picture for Spicer, plus the Minnesota lending rules that apply to a loan taken out here.

• Population: about 1,081 people live here, which puts Spicer 346th of 853 Census places in Minnesota (Vintage 2023).
• Population trend: About 2.8% below the 2020 Census base.
• Absolute change: 31 residents lost between 2020 and 2023.
• Size percentile: roughly 59% of Minnesota's places have fewer residents than Spicer's 1,081.
• Population density: about 885 people per square mile (Census land area 1.2 sq mi).
• By land area: Spicer ranks 451st among Minnesota's 853 places, at 1.2 sq mi.
• State population share: Spicer accounts for about 0.0% of everyone in Minnesota.
• Nationally: Spicer is the 9,916th-largest of 19,457 Census places in the dataset.
• Growth in Minnesota: Spicer stands 722nd by percentage change from 2020 to 2023, among 853 places.
• Versus Minnesota: the state average change is +0.1%, while Spicer moved 2.8%.
• Density rank: Spicer places 317th among Minnesota's places by people per square mile.
• Density vs Minnesota: Spicer's 885 people per square mile compare with a state median of 607.
• Location: 45.2336, -94.9400 (Census Gazetteer coordinates).
• Nearest larger cities: New London (4 mi); Willmar (10 mi); Atwater (10 mi); Paynesville (15 mi); Litchfield (22 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller communities close by: Kandiyohi (7 mi); Regal (13 mi); Pennock (13 mi), each with its own Census population profile.
• Smaller neighbours: 74 places smaller than Spicer sit within 50 miles.
• Larger places within 100 miles: 227.

What shapes a Spicer personal loan

Spicer is a small community of about 1,081 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Spicer's 1,081 residents must disclose the APR and finance charge in writing before you sign. Shortening the term on a Spicer loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

The geography behind Spicer

The Census Gazetteer records about 1.2 square miles of land within Spicer, with no significant water area listed. That land carries about 885 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 84 miles away. Spicer has 40 larger places within a 50-mile radius. By land area it ranks 451st of 853 Minnesota places.

Borrowing reach in Spicer

Spicer is a moderately settled community of about 1,081 people, with 40 larger places inside a 50-mile radius. Distance to a branch rarely matters for Spicer's 1,081 residents: the application is online and the price follows your credit file. For a larger market, the closest option is New London, MN about 4 miles away.

Minnesota rules behind a Spicer personal loan

These are Minnesota's sourced lending facts as they reach Spicer's 1,081 residents; the state has no city-level rate rule.

Where Spicer sits in Minnesota

Among Minnesota's 853 places, Spicer sits at 346th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Spicer stands 722nd among Minnesota's 853 places — roughly the 15th percentile. By density, at about 885 people per square mile, it ranks 317th in Minnesota. By land area, its 1.2 square miles rank 451st of 853 places in Minnesota.