Personal loans in Grundy, VA
Two households in Grundy with comparable incomes can still be offered different rates; the city's 837 residents are not the reason. If debt is already a strain, a nonprofit credit counsellor can help Grundy residents before they take on more. About 837 people live in Grundy, placing it 144th of 227 Census places in Virginia. Every figure below is Virginia's own, applied to Grundy's 837 residents, with the publisher and retrieval date attached. From the 2020 Census base to the 2023 estimate, the population declined by about 5.6%. For a bigger market, look to Elkhorn City, KY about 15 miles away.
Where Grundy stands
What follows is Grundy's place in the Census record, alongside the Virginia rules that govern a personal loan made here.
- Population: 837 residents; Grundy is the 144th-largest of 227 places in Virginia (US Census Bureau, Vintage 2023).
- Population trend: A loss of roughly 5.6% between 2020 and 2023.
- Net change: roughly 50 fewer people than the 2020 Census counted.
- Size percentile: about 37% of Virginia communities are smaller than Grundy (837 residents).
- Density: roughly 168 residents per square mile, spread over 5.0 sq mi of land.
- Land area: Grundy covers 5.0 square miles, the 59th-largest area among Virginia's 227 places.
- Water: Grundy holds about 0.05 square miles, the 55th-largest water area in Virginia.
- State share: roughly 0.0% of Virginia's residents live in Grundy (837 people).
- National rank: Grundy sits 10,987th by population among the 19,457 places in this dataset.
- Growth rank: Grundy's 2020-to-2023 change ranks 227th of 227 places in Virginia.
- Versus Virginia: the state average change is -0.0%, while Grundy moved 5.6%.
- Density rank: Grundy places 216th among Virginia's places by people per square mile.
- Density in context: Grundy's 168 people per square mile sit against a Virginia median of 823.
- Location: 37.2672 / -82.0946, per the US Census Bureau Gazetteer.
- Nearest larger cities: Elkhorn City (15 mi); Honaker (19 mi); Richlands (20 mi); Clintwood (22 mi); Cedar Bluff (22 mi). A branch is convenient; it is not what sets your APR.
- Nearest smaller towns: Haysi (11 mi); Clinchco (16 mi); Bradshaw (17 mi) — useful context for the surrounding area.
- Smaller neighbours: 35 places smaller than Grundy sit within 50 miles.
- Larger places within 100 miles: 151.
Land, water and location for Grundy
Grundy covers about 5.0 square miles of land, with 0.05 square miles of water inside its boundaries (Census Gazetteer). That land carries about 168 people per square mile. The state's population centre of gravity, Virginia Beach, is roughly 336 miles away. A 50-mile radius around Grundy takes in 34 places that are larger. The 100-mile radius contains 151 larger places.
Borrowing reach in Grundy
Grundy is lightly settled, with about 168 people per square mile and 34 larger places within 50 miles. What is available to Grundy's 837 borrowers is set by Virginia licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Elkhorn City, KY about 15 miles away.
Grundy's place among Virginia's 227 places
Within Virginia, Grundy holds roughly 0.0% of all residents, the 144th-largest share among 227 places. Its 2020-to-2023 change ranks 227th of 227 Virginia places, putting it near the 0th percentile for growth. At about 168 people per square mile, Grundy is the 216th most densely settled place in Virginia. Between 2020 and 2023 the count changed by roughly 50 residents.
Inside a Grundy personal loan
With roughly 837 residents, Grundy is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Grundy. A longer term lowers the monthly payment on a Grundy loan but raises total interest, so the smallest payment is not the cheapest loan.
What Virginia law requires in Grundy
When Virginia does not publish a figure, the row links to the source instead of inventing a number; Grundy is bound by the same rules.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Virginia State Corporation Commission, Bureau of Financial Institutions (BFI) Source says: The Bureau of Financial Institutions (BFI) is a regulatory division of the Virginia State Corporation Commission (SCC.) | Virginia State Corporation Commission (SCC) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per year maximum contract rate, except as otherwise permitted by law (Va. Code § 6.2-303) Source says: no contract shall be made for the payment of interest on a loan at a rate that exceeds 12 percent per year | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Payday lending status | Legal via licensed short-term lenders; interest capped at a 36% simple annual rate plus limited fees (Va. Code § 6.2-1817) Source says: Interest at a simple annual rate not to exceed 36 percent | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
Common questions
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Nearby places
- Haysi, VA — population 477
- Elkhorn City, KY — population 981
- Honaker, VA — population 1,195
- Clinchco, VA — population 234
- Bradshaw, WV — population 183
- Cleveland, VA — population 136
- Richlands, VA — population 5,095
- Iaeger, WV — population 230