Personal loans in Falkville, AL
The Census counts 1,195 people in Falkville, the 242nd-largest figure among Alabama's 462 places. The first question in Falkville is not the rate on offer but whether the payment fits; about 1,195 people live here under Alabama lending law.
Use the calculator on this page to price an amount and term before you commit in Falkville. A single loan can carry different costs on either side of a state line, and Falkville sits on the Alabama side of that line. The 2020 count to the 2023 estimate shows about 0.7% growth in Falkville. For a bigger market, look to Hartselle, AL about 5 miles away.
Falkville: population, trend and location
Here is the sourced Census picture for Falkville, plus the Alabama lending rules that apply to a loan taken out here.
- Population: 1,195 people, a figure that places Falkville 242nd among the 462 Census places in Alabama (US Census Bureau, Vintage 2023).
- Population trend: Up about 0.7% from the 2020 Census base to the 2023 estimate.
- Absolute change: 8 residents added between 2020 and 2023.
- Size percentile: roughly 48% of Alabama places rank below Falkville.
- Population density: about 280 people per square mile (Census land area 4.3 sq mi).
- Land area: Falkville covers 4.3 square miles, the 278th-largest area among Alabama's 462 places.
- Water area rank: Falkville ranks 212th among Alabama's 462 places, with 0.03 sq mi.
- Within Alabama: about 0.0% of the state's population lives in Falkville.
- National rank: Falkville sits 9,569th by population among the 19,457 places in this dataset.
- Growth rank: Falkville's 2020-to-2023 change ranks 205th of 462 places in Alabama.
- Versus Alabama: the state average change is +1.0%, while Falkville moved 0.7%.
- Density rank: Falkville places 209th among Alabama's places by people per square mile.
- Density in context: Falkville's 280 people per square mile sit against a Alabama median of 259.
- Location: latitude 34.3770, longitude -86.9095 (Census Gazetteer).
- Nearest larger cities: Hartselle (5 mi); Priceville (11 mi); Decatur (14 mi); Cullman (14 mi); Triana (17 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Smaller towns nearby: Eva (9 mi); Somerville (9 mi); West Point (10 mi).
- Smaller neighbours: 55 places smaller than Falkville sit within 50 miles.
- At 100 miles: 186 larger Census places fall inside that radius.
Falkville in state context
Within Alabama, Falkville holds roughly 0.0% of all residents, the 242nd-largest share among 462 places. For population change between 2020 and 2023, Falkville ranks 205th of 462 in Alabama (about the 56th percentile). At about 280 people per square mile, Falkville is the 209th most densely settled place in Alabama. Within 50 miles sit 55 smaller Census places, alongside the 40 that are larger.
The state rulebook for Falkville
Below are the Alabama rules that apply to a loan made in Falkville, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Alabama State Banking Department — Bureau of Loans (BOL) Source says: "The Bureau of Loans (hereinafter “the BOL”) was established in 1945". The BOL administers the Small Loan Act, Consumer Credit Act, Pawn Shop Act, Mortgage Brokers Licensing Act, Deferred Presentment Services Act and SAFE Act. | Alabama State Banking Department as of 2026-09-16 |
| Payday lending status | Permitted — deferred presentment services licensed by the supervisor; maximum advance $500; maximum fee 17.5% of amount advanced Source says: "a maximum fee on any deferred presentment transaction not to exceed 17.5 percent of the amount advanced"; "The maximum amount that may be advanced in any deferred presentment transaction is five hundred dollars ($500)". | Alabama State Banking Department — Deferred Presentment Services Act (Code of Alabama §§ 5-18A-1 et seq.) as of 2026-09-16 |
| Small-loan / installment lender licensing | Alabama Small Loan Act license required from the supervisor for loans under $1,500; interest capped at 3% per month on the first $200 and 2% per month on $200–$1,500 Source says: "No person shall engage in the business of lending in amounts of less than one thousand five hundred dollars ($1,500)"; "without first having obtained a license from the supervisor"; "not exceeding three percent a month on that part of the unpaid principal balance not in excess of two hundred dollars". | Alabama State Banking Department — Alabama Small Loan Act (Code of Alabama §§ 5-18-1 et seq.) as of 2026-09-16 |
What a Falkville borrower is actually offered
In Falkville, a small community of about 1,195, 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 Falkville can be quoted different APRs on the same amount and term. Shortening the term on a Falkville loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Lender access in Falkville
Falkville is lightly settled, with about 280 people per square mile and 40 larger places within 50 miles. Distance to a branch rarely matters for Falkville's 1,195 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Hartselle, AL about 5 miles away.
Land, water and location for Falkville
The Census Gazetteer records 4.3 square miles of land and 0.03 square miles of water within Falkville. The resulting density is about 280 people per square mile. For the state's biggest city, Huntsville, the distance is roughly 26 miles. Within 50 miles of Falkville there are 40 larger Census places. Within the same 50 miles lie 55 smaller Census places.
Common questions
What are my options in Falkville if my credit is poor?
What loan size can I expect in Falkville?
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Does comparing loans in Falkville cost me credit score points?
Nearby places
- Hartselle, AL — population 15,875
- South Vinemont, AL — population 609
- West Point, AL — population 640
- Somerville, AL — population 817
- Eva, AL — population 589
- Priceville, AL — population 3,800
- Cullman, AL — population 19,913
- Decatur, AL — population 58,321