Personal loans in Avon, MN

Compare APR, not the interest rate, because the APR folds in most fees on a Avon loan. Population in Avon climbed about 4.4% over the three years from 2020 to 2023. A single loan can carry different costs on either side of a state line, and Avon sits on the Minnesota side of that line. The nearest larger city is Albany, MN about 6 miles away.

Avon: population, trend and location

Two layers matter for a Avon borrower: the local population picture and Minnesota's consumer-lending statutes.

• Population: about 1,693, ranked 285th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: A gain of roughly 4.4% between 2020 and 2023.
• Absolute change: 72 residents added between 2020 and 2023.
• Size percentile: roughly 67% of Minnesota's places have fewer residents than Avon's 1,693.
• Population density: about 995 people per square mile (Census land area 1.7 sq mi).
• Land area: Avon covers 1.7 square miles, the 362nd-largest area among Minnesota's 853 places.
• Share of Minnesota: Avon holds about 0.0% of the state's population, some 1,693 people.
• National rank: Avon sits 8,249th by population among the 19,457 places in this dataset.
• Growth in Minnesota: Avon stands 77th by percentage change from 2020 to 2023, among 853 places.
• Versus Minnesota: the state average change is +0.1%, while Avon moved 4.4%.
• Density in Minnesota: Avon ranks 269th by people per square mile.
• Against the state median: Avon runs about 995 residents per square mile, where the Minnesota median is 607.
• Location: coordinates 45.6055, -94.4477 (US Census Bureau Gazetteer).
• Nearest larger cities: Albany (6 mi); St. Joseph (8 mi); Cold Spring (10 mi); Sartell (11 mi); Rockville (11 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller towns nearby: Holdingford (9 mi); St. Anthony (10 mi); St. Stephen (11 mi).
• Smaller neighbours: 68 places smaller than Avon sit within 50 miles.
• Within 100 miles: 207 places are larger than Avon.

Where Avon sits

Avon's land area is roughly 1.7 square miles, and the Gazetteer records no significant water area within it. With 1,693 residents, the land area yields roughly 995 people per square mile. The largest place in Minnesota, Minneapolis, lies about 72 miles away. Within 50 miles of Avon there are 43 larger Census places. By land area it ranks 362nd of 853 Minnesota places.

Getting a loan in Avon

With about 995 residents per square mile, Avon is moderately settled, and 43 larger Census places sit within 50 miles. Whether Avon has a local branch or not, a Minnesota-licensed lender can serve its 1,693 people online on the same terms. For a larger market, the closest option is Albany, MN about 6 miles away.

A practical checklist for Avon borrowers

These steps shape the offer you get in Avon, a place of about 1,693 people:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Test your amount and term in the personal loan calculator first.
3. Line up several pre-qualified offers and let the APR decide.
4. Check the Minnesota regulator's records to confirm the lender is licensed here.
5. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
6. Read the disclosure for an origination fee and any prepayment penalty before signing.
7. Check that the monthly payment fits your budget next to your existing obligations.

The process is identical across Minnesota; what changes is your credit file, not the fact that Avon holds 1,693 people.

The state rulebook for Avon

These are Minnesota's sourced lending facts as they reach Avon's 1,693 residents; the state has no city-level rate rule.

Inside a Avon personal loan

In Avon, a small community of about 1,693, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Avon lender to disclose the APR and finance charge before you sign. The term you choose in Avon decides the split between a comfortable payment and the total interest you pay.