Personal loans in Iron Gate, VA
A lender serving Iron Gate holds a Virginia licence and answers to a Virginia regulator; no city office is involved for its 308 residents.
Iron Gate is home to roughly 308 people and stands 190th by size out of 227 Census places in Virginia. Decide the purpose of the loan and your repayment plan before sharing any details with a Iron Gate lender. The 2020 count to the 2023 estimate shows about 4.3% decline in Iron Gate. State law, not city hall, decides what a lender may do to Iron Gate's roughly 308 residents, and a state regulator supervises it. The nearest larger metro is Clifton Forge, VA about 3 miles away.
What the Census records for Iron Gate
Read the local figures below as context; read the sourced Virginia table as the rulebook a lender here must follow.
- Population: the Census counts 308 residents in Iron Gate (Vintage 2023 subcounty estimate), the 190th-largest figure among Virginia's 227 places.
- Population trend: Roughly 4.3% fewer residents than the 2020 Census counted.
- People gained or lost: about 14 fewer since the 2020 base.
- Size percentile: Iron Gate sits ahead of around 16% of Virginia places, at 308 people.
- Land and density: 0.3 square miles of land carry roughly 933 residents per square mile.
- Land area rank: Iron Gate's 0.3 square miles rank 209th of 227 places in Virginia.
- Water: Iron Gate holds about 0.02 square miles, the 101st-largest water area in Virginia.
- Share of state population: Iron Gate's 308 residents are about 0.0% of Virginia.
- National standing: Iron Gate ranks 15,032nd of 19,457 US places.
- Growth in Virginia: Iron Gate stands 221st by percentage change from 2020 to 2023, among 227 places.
- Against the state trend: Iron Gate's 4.3% change compares with a Virginia average of -0.0% across its 227 places.
- Density in Virginia: Iron Gate ranks 100th by people per square mile.
- Density vs Virginia: Iron Gate's 933 people per square mile compare with a state median of 823.
- Location: it lies at 37.7989, -79.7906 in the Census Gazetteer.
- Nearest larger cities: Clifton Forge (3 mi); Covington (11 mi); Lexington (19 mi); Buchanan (20 mi); Goshen (20 mi). Living near a larger metro rarely changes what is available in Iron Gate.
- Smaller communities within reach: New Castle (27 mi); Hillsboro (33 mi); Falling Spring (34 mi).
- Smaller neighbours: 5 places smaller than Iron Gate sit within 50 miles.
- At 100 miles: 138 larger Census places fall inside that radius.
Iron Gate: area, density and distance
Iron Gate's land area is about 0.3 square miles; a further 0.02 square miles is water. With 308 residents, the land area yields roughly 933 people per square mile. The largest place in Virginia, Virginia Beach, lies about 218 miles away. Counting outward 50 miles, 23 larger communities surround Iron Gate. The 100-mile radius contains 138 larger places.
How lenders reach Iron Gate
At roughly 933 people per square mile, Iron Gate is moderately settled; 23 larger places lie within 50 miles. Whether Iron Gate has a local branch or not, a Virginia-licensed lender can serve its 308 people online on the same terms. The nearest bigger place is Clifton Forge, VA about 3 miles away.
Steps to take before a Iron Gate loan
Complete these steps first when you borrow in Iron Gate (308 residents):
- Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
- Test your amount and term in the personal loan calculator first.
- Get several pre-qualifications and compare APR side by side before choosing.
- Check the Virginia regulator's records to confirm the lender is licensed here.
- Choose a term you can live with; stretching it lowers the payment but raises total interest.
- Borrow only what the purpose requires, not the maximum you are offered.
- Be clear on what the loan is for and how it gets repaid.
None of these steps is Iron Gate-specific: the same Virginia licensing and disclosure rules reach all 308 residents.
The state rulebook for Iron Gate
For the roughly 308 residents of Iron Gate, the rules below are Virginia's own; each row carries its publisher and retrieval date.
| 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 |
How Iron Gate compares across Virginia
Among Virginia's 227 places, Iron Gate sits at 190th for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Iron Gate ranks 221st of 227 in Virginia (about the 3th percentile). Its roughly 933 residents per square mile place it 100th among Virginia's places. In land area, Iron Gate ranks 209th among Virginia's 227 places.
Common questions
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Nearby places
- Clifton Forge, VA — population 3,388
- Covington, VA — population 5,545
- Buchanan, VA — population 1,210
- Fincastle, VA — population 766
- Goshen, VA — population 334
- Lexington, VA — population 7,528
- Glasgow, VA — population 1,037
- Troutville, VA — population 468