Personal loans in Addison, NY
Which products a lender may offer to Addison's 1,564 residents follows from the New York consumer-lending framework. In Addison, one of 595 Census places in New York, the figure to compare across lenders is the APR, not the advertised rate.
Addison ranks 350th of 595 places in New York, with a population near 1,564. The 2020 count to the 2023 estimate shows about 2.7% decline in Addison. Price two or three terms so you can see which payment is truly affordable in Addison. The nearest larger metro is Painted Post, NY about 8 miles away.
Local context for Addison
Only a few things actually differ by place — population, area, location, and the New York rules a lender must follow — and they are below.
- Population: 1,564 residents; Addison is the 350th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- Population trend: Down about 2.7% from the 2020 Census base to the 2023 estimate.
- Change in people: the 2020-to-2023 comparison is a loss of about 44 residents.
- Size percentile: about 41% of New York's Census places are smaller than Addison.
- Population density: 826 people per square mile on 1.9 square miles of land.
- Land area: Addison covers 1.9 square miles, the 223rd-largest area among New York's 595 places.
- Share of state population: Addison's 1,564 residents are about 0.0% of New York.
- Nationally: Addison is the 8,549th-largest of 19,457 Census places in the dataset.
- Growth rank: Addison's 2020-to-2023 change ranks 525th of 595 places in New York.
- Versus New York: the state average change is -1.1%, while Addison moved 2.7%.
- Density rank: Addison is the 443rd most densely settled place in New York.
- Density vs New York: Addison's 826 people per square mile compare with a state median of 1,515.
- Location: 42.1063 / -77.2320, per the US Census Bureau Gazetteer.
- Nearest larger cities: Painted Post (8 mi); Elkland (9 mi); Corning (9 mi); Bath (16 mi); Elmira Heights (21 mi). Larger metros often have more branches, but online lenders reach Addison on the same terms.
- Smaller communities within reach: Riverside (9 mi); Lawrenceville (9 mi); South Corning (10 mi).
- Within a 50-mile radius: 47 smaller Census places.
- At 100 miles: 185 larger Census places fall inside that radius.
What New York law requires in Addison
These are New York's sourced lending facts as they reach Addison's 1,564 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | New York State Department of Financial Services (DFS) Source says: "Notify the Department of Financial Services at (800) 342-3736 if you believe payday loans are being made in New York" | New York State Department of Financial Services as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 16% per annum maximum civil rate (Banking Law 14-a; General Obligations Law 5-501) Source says: "The maximum rate of interest provided for in section 5-501 of the general obligations law shall be sixteen per centum per annum." | New York State Senate (Open Legislation) as of 2026-09-16 |
| Payday lending status | Illegal in New York State, in person, by telephone, or over the Internet Source says: "Payday loans are illegal in New York State." | New York State Department of Financial Services as of 2026-09-16 |
How Addison compares across New York
Among New York's 595 places, Addison sits at 350th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Addison stands 525th among New York's 595 places — roughly the 12th percentile. Its roughly 826 residents per square mile place it 443rd among New York's places. Within 50 miles sit 47 smaller Census places, alongside the 29 that are larger.
The anatomy of a Addison personal loan
In Addison, a small community of about 1,564, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Addison can be quoted different APRs on the same amount and term. Shortening the term on a Addison loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
What is available to Addison borrowers
With about 826 residents per square mile, Addison is moderately settled, and 29 larger Census places sit within 50 miles. A New York licence lets a lender serve Addison without a local office, so branch density does not change what its 1,564 residents are offered. The nearest larger city, Painted Post, NY about 8 miles away.
Land, water and location for Addison
The Census Gazetteer records about 1.9 square miles of land within Addison, with no significant water area listed. With 1,564 residents, the land area yields roughly 826 people per square mile. For the state's biggest city, New York, the distance is roughly 198 miles. Within 50 miles of Addison there are 29 larger Census places. The 100-mile radius contains 185 larger places.
Common questions
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Nearby places
- Elkland, PA — population 1,791
- Lawrenceville, PA — population 688
- Painted Post, NY — population 1,729
- Riverside, NY — population 424
- Savona, NY — population 675
- Corning, NY — population 10,612
- South Corning, NY — population 1,073
- Tioga, PA — population 602