Personal loans in Anoka, MN
The roughly 17,996 people who live in Anoka borrow under Minnesota rules; city hall sets no personal-loan rate.
For the 17,996 people in Anoka, Minnesota runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. Anoka is one of 853 Census places in Minnesota; its 17,996 residents put it at 66th. Begin with the payment, then weigh APR and total interest across the lenders that reach Anoka's 17,996 residents. From the 2020 Census base to the 2023 estimate, the population rose by about 0.4%. The closest larger city is Champlin, MN about 3 miles away.
What the Census records for Anoka
Anoka is a small town; the notes below cover its population profile and the statewide rules that apply.
- Population: a Census-estimated 17,996, 66th among Minnesota's 853 places (Vintage 2023).
- Population trend: About 0.4% above the 2020 Census base.
- Net change: roughly 65 more people than the 2020 Census counted.
- Size percentile: with 17,996 residents, Anoka is larger than about 92% of Minnesota's Census places.
- Population density: about 2,699 people per square mile (Census land area 6.7 sq mi).
- Land area: Anoka covers 6.7 square miles, the 141st-largest area among Minnesota's 853 places.
- Water area rank: Anoka ranks 127th among Minnesota's 853 places, with 0.51 sq mi.
- Share of state population: Anoka's 17,996 residents are about 0.4% of Minnesota.
- National rank: Anoka sits 2,066th by population among the 19,457 places in this dataset.
- Growth rank: Anoka ranks 289th among Minnesota's 853 places for the 2020-to-2023 change.
- Against the state trend: Anoka's 0.4% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Anoka is the 36th most densely settled place in Minnesota.
- Against the state median: Anoka runs about 2,699 residents per square mile, where the Minnesota median is 607.
- Location: 45.2144, -93.3916 (Census Gazetteer coordinates).
- Nearest larger cities: Champlin (3 mi); Andover (4 mi); Ramsey (4 mi); Coon Rapids (5 mi); Brooklyn Park (7 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller places: Dayton (4 mi); Osseo (7 mi); Rogers (9 mi).
- Smaller neighbours: 162 places smaller than Anoka sit within 50 miles.
- At 100 miles: 61 larger Census places fall inside that radius.
Anoka on the map
The Census Gazetteer records 6.7 square miles of land and 0.51 square miles of water within Anoka. The resulting density is about 2,699 people per square mile. Minneapolis, the largest place in Minnesota, is about 18 miles from Anoka. Anoka has 54 larger places within a 50-mile radius. By land area it ranks 141st of 853 Minnesota places.
Which Minnesota laws govern a loan in Anoka
Below are the Minnesota rules that apply to a loan made in Anoka, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota Department of Commerce (commissioner of commerce) Source says: ""Commissioner" means the commissioner of commerce" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01) Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603) Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis" | Minnesota Department of Commerce as of 2026-09-16 |
Inside a Anoka personal loan
Anoka is a small town of about 17,996 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Anoka lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Anoka loan is knowable in advance — unlike a revolving card balance.
How lenders reach Anoka
With about 2,699 residents per square mile, Anoka is fairly dense, and 54 larger Census places sit within 50 miles. Distance to a branch rarely matters for Anoka's 17,996 residents: the application is online and the price follows your credit file. The nearest bigger place is Champlin, MN about 3 miles away.
Anoka in state context
Among Minnesota's 853 places, Anoka sits at 66th for population, a share of roughly 0.4% of the state. On the 2020-to-2023 trend, Anoka stands 289th among Minnesota's 853 places — roughly the 66th percentile. At about 2,699 people per square mile, Anoka is the 36th most densely settled place in Minnesota. Within 50 miles sit 162 smaller Census places, alongside the 54 that are larger.
Common questions
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Nearby places
- Champlin, MN — population 22,856
- Andover, MN — population 33,089
- Ramsey, MN — population 28,560
- Dayton, MN — population 10,157
- Coon Rapids, MN — population 63,377
- Osseo, MN — population 2,521
- Brooklyn Park, MN — population 82,017
- Maple Grove, MN — population 71,288