Personal loans in Carver, MN
Personal loans in Carver are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 6,613 population. Work out your debt-to-income ratio first; lenders weigh it heavily, and Carver's 6,613 residents are no exception. The Census estimates 6,613 residents in Carver, which ranks it 136th of 853 places in Minnesota. To lend to Carver's 6,613 residents, a company must hold a Minnesota licence, and each sourced row below names the regulator behind it. From the 2020 Census base to the 2023 estimate, the population rose by about 23.9%. The closest larger place is Chaska, MN about 4 miles away.
The Carver data picture
Here is the sourced Census picture for Carver, plus the Minnesota lending rules that apply to a loan taken out here.
- Population: 6,613 people, a figure that places Carver 136th among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: Up about 23.9% from the 2020 Census base to the 2023 estimate.
- People gained or lost: about 1,276 more since the 2020 base.
- Size percentile: roughly 84% of Minnesota's places have fewer residents than Carver's 6,613.
- Population density: about 1,388 people per square mile (Census land area 4.8 sq mi).
- By land area: Carver ranks 171st among Minnesota's 853 places, at 4.8 sq mi.
- Water area: Carver has 0.20 square miles of water, ranking 196th of 853 places in Minnesota.
- Share of Minnesota: Carver holds about 0.1% of the state's population, some 6,613 people.
- National rank: Carver is the 4,126th most populous of the 19,457 Census places covered here.
- Growth in Minnesota: Carver stands 5th by percentage change from 2020 to 2023, among 853 places.
- Against the state trend: Carver's 23.9% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Carver is the 160th most densely settled place in Minnesota.
- Density in context: Carver's 1,388 people per square mile sit against a Minnesota median of 607.
- Location: latitude 44.7615, longitude -93.6325 (Census Gazetteer).
- Nearest larger cities: Chaska (4 mi); Jordan (7 mi); Victoria (7 mi); Chanhassen (7 mi); Shakopee (8 mi). Larger metros often have more branches, but online lenders reach Carver on the same terms.
- Smaller places close by: Cologne (8 mi); Excelsior (10 mi); Tonka Bay (11 mi).
- Smaller places within 50 miles: 116 of them.
- At 100 miles: 120 larger Census places fall inside that radius.
Land, water and location for Carver
Inside Carver's boundaries lie roughly 4.8 square miles of land and 0.20 square miles of water. The resulting density is about 1,388 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 23 miles away. A 50-mile radius around Carver takes in 97 places that are larger. The 100-mile radius contains 120 larger places.
Minnesota consumer-lending rules applied in Carver
Below are the Minnesota rules that apply to a loan made in Carver, 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 |
Carver against the rest of Minnesota
Carver is the 136th-largest of 853 Census places in Minnesota and contains about 0.1% of the state's people. Its 2020-to-2023 change ranks 5th of 853 Minnesota places, putting it near the 99th percentile for growth. At about 1,388 people per square mile, Carver is the 160th most densely settled place in Minnesota. By land area, its 4.8 square miles rank 171st of 853 places in Minnesota.
What is available to Carver borrowers
At roughly 1,388 people per square mile, Carver is moderately settled; 97 larger places lie within 50 miles. What is available to Carver's 6,613 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Chaska, MN about 4 miles away.
What a Carver borrower is actually offered
With roughly 6,613 residents, Carver is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Carver's 6,613 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Carver loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Does comparing loans in Carver cost me credit score points?
Nearby places
- Chaska, MN — population 29,034
- Jordan, MN — population 6,752
- Victoria, MN — population 11,493
- Chanhassen, MN — population 25,937
- Shorewood, MN — population 7,526
- Excelsior, MN — population 2,277
- Shakopee, MN — population 47,158
- Tonka Bay, MN — population 1,539