Personal loans in Madison, MS

Madison: population, trend and location

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

• Population: a Census-estimated 27,987, 10th among Mississippi's 299 places (Vintage 2023).
• Population trend: A gain of roughly 0.9% between 2020 and 2023.
• Absolute change: 236 residents added between 2020 and 2023.
• Size percentile: Madison's 27,987 people outrank roughly 97% of the places in Mississippi.
• Land and density: 25.2 square miles of land carry roughly 1,108 residents per square mile.
• Land area rank: Madison's 25.2 square miles rank 23rd of 299 places in Mississippi.
• Water area rank: Madison ranks 14th among Mississippi's 299 places, with 1.18 sq mi.
• Within Mississippi: about 1.9% of the state's population lives in Madison.
• Nationally: Madison is the 1,399th-largest of 19,457 Census places in the dataset.
• Growth rank: Madison's 2020-to-2023 change ranks 43rd of 299 places in Mississippi.
• Against the state trend: Madison's 0.9% change compares with a Mississippi average of -2.3% across its 299 places.
• Density rank: Madison is the 32nd most densely settled place in Mississippi.
• Density vs Mississippi: Madison's 1,108 people per square mile compare with a state median of 434.
• Location: coordinates 32.4739, -90.1309 (US Census Bureau Gazetteer).
• Nearest larger cities: Jackson (12 mi); Pearl (14 mi); Meridian (84 mi); Hattiesburg (94 mi); Monroe (113 mi). Online lenders reach Madison no matter how far the nearest branch is.
• Nearest smaller places: Ridgeland (4 mi); Gluckstadt (4 mi); Flowood (10 mi).
• Smaller neighbours: 48 places smaller than Madison sit within 50 miles.
• At 100 miles: 4 larger Census places fall inside that radius.

How lenders reach Madison

Madison is moderately settled, with about 1,108 people per square mile and 2 larger places within 50 miles. A Mississippi licence lets a lender serve Madison without a local office, so branch density does not change what its 27,987 residents are offered. For a larger market, the closest option is Jackson, MS about 12 miles away.

Where Madison sits

Madison's land area is about 25.2 square miles; a further 1.18 square miles is water. The resulting density is about 1,108 people per square mile. Jackson, the largest place in Mississippi, is about 12 miles from Madison. A 50-mile radius around Madison takes in 2 places that are larger. By land area it ranks 23rd of 299 Mississippi places.

The state rulebook for Madison

Mississippi has no separate rate rule for Madison; the sourced rows below are what reach every lender that serves its 27,987 people.

What to do before borrowing in Madison

Before you hand your details to a lender in Madison, where the population is near 27,987:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Confirm the Mississippi licence with the regulator named above before committing.
5. Make sure the new payment leaves room in a budget you already keep.
6. Weigh a shorter term's higher payment against the interest it saves.
7. Borrow only what the purpose requires, not the maximum you are offered.

In Madison as elsewhere in Mississippi, the written terms — not the advertisement — are what count for its 27,987 residents.

How a Madison personal loan is priced

With roughly 27,987 residents, Madison is a smaller city; 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 Madison. Shortening the term on a Madison loan raises the monthly payment but cuts the interest; lengthening it does the reverse.