Personal loans in Madison, OH

With an estimated 3,416 residents, Madison is the 311th-largest of 924 places in Ohio. The 2020 count to the 2023 estimate shows about 0.6% decline in Madison. For a community of about 3,416, the practical step is to compare APR across at least three lenders before committing. A larger market lies at Geneva, OH about 6 miles away.

What the Census records for Madison

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

• Population: the Census counts 3,416 residents in Madison (Vintage 2023 subcounty estimate), the 311th-largest figure among Ohio's 924 places.
• Population trend: A decline of about 0.6% across the 2020-to-2023 comparison.
• People gained or lost: about 21 fewer since the 2020 base.
• Size percentile: Madison sits ahead of around 66% of Ohio places, at 3,416 people.
• Density: roughly 672 residents per square mile, spread over 5.1 sq mi of land.
• Land area rank: Madison's 5.1 square miles rank 200th of 924 places in Ohio.
• State share: roughly 0.0% of Ohio's residents live in Madison (3,416 people).
• National rank: Madison is 5,898th of 19,457 places nationwide.
• Growth rank: Madison's 2020-to-2023 change ranks 375th of 924 places in Ohio.
• Versus Ohio: the state average change is +0.9%, while Madison moved 0.6%.
• Density rank: Madison places 757th among Ohio's places by people per square mile.
• Against the state median: Madison runs about 672 residents per square mile, where the Ohio median is 1,289.
• Location: coordinates 41.7723, -81.0530 (US Census Bureau Gazetteer).
• Nearest larger cities: Geneva (6 mi); Painesville (11 mi); Ashtabula (15 mi); Chardon (16 mi); Mentor (16 mi). Larger metros often have more branches, but online lenders reach Madison on the same terms.
• Smaller communities close by: North Perry (4 mi); Perry (5 mi); Geneva-on-the-Lake (8 mi), each with its own Census population profile.
• Smaller neighbours: 64 places smaller than Madison sit within 50 miles.
• Within 100 miles: 168 places are larger than Madison.

Ohio consumer-lending rules applied in Madison

This table holds the Ohio rate and licensing rules for consumer loans made to Madison's 3,416 residents.

Madison on the map

Inside Madison's boundaries lie about 5.1 square miles of land, with no significant water area recorded. Spread across it are roughly 672 residents per square mile. Columbus, the largest place in Ohio, is about 160 miles from Madison. A 50-mile radius around Madison takes in 78 places that are larger. Within the same 50 miles lie 64 smaller Census places.

The anatomy of a Madison personal loan

In Madison, a small community of about 3,416, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Madison's 3,416 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Madison loan but raises total interest, so the smallest payment is not the cheapest loan.

What to do before borrowing in Madison

Before you apply in Madison, a community of about 3,416, work through these steps:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Test your amount and term in the personal loan calculator first.
3. Line up several pre-qualified offers and let the APR decide.
4. Look the lender up in the Ohio regulator's licence records before you sign.
5. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Make sure the new payment leaves room in a budget you already keep.
7. Pick the shortest term whose payment you can comfortably afford.

None of these steps is Madison-specific: the same Ohio licensing and disclosure rules reach all 3,416 residents.

Madison against the rest of Ohio

Set beside Ohio's 924 places, Madison ranks 311th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 375th of 924 Ohio places, putting it near the 59th percentile for growth. At about 672 people per square mile, Madison is the 757th most densely settled place in Ohio. By land area, its 5.1 square miles rank 200th of 924 places in Ohio.