Personal loans in Mahnomen, MN
Mahnomen, Minnesota — home to about 1,210 people — is a small community, so the terms you are offered follow Minnesota law rather than any local rule. At about 1,210 residents, Mahnomen is larger than roughly 61% of the places in Minnesota.
The 2020 count to the 2023 estimate shows about 2.7% decline in Mahnomen. Work out your debt-to-income ratio first; lenders weigh it heavily, and Mahnomen's 1,210 residents are no exception. Borrowers who want a bigger city can look to Fosston, MN about 21 miles away. Consumer lending that reaches Mahnomen's 1,210 residents is governed by Minnesota statute; no city ordinance changes it.
Borrowing in Mahnomen: the local picture
Only a few things actually differ by place — population, area, location, and the Minnesota rules a lender must follow — and they are below.
- Population: about 1,210 people live here, which puts Mahnomen 331st of 853 Census places in Minnesota (Vintage 2023).
- Population trend: A drop of about 2.7% from 2020 to 2023.
- People gained or lost: about 34 fewer since the 2020 base.
- Size percentile: bigger than about 61% of the places in Minnesota, with 1,210 residents in Mahnomen.
- Density: the Census land area of 1.1 sq mi holds about 1,143 people per square mile.
- Land area: Mahnomen covers 1.1 square miles, the 487th-largest area among Minnesota's 853 places.
- State population share: Mahnomen accounts for about 0.0% of everyone in Minnesota.
- Nationally: Mahnomen is the 9,513th-largest of 19,457 Census places in the dataset.
- Growth rank: Mahnomen's 2020-to-2023 change ranks 716th of 853 places in Minnesota.
- Against the state trend: Mahnomen's 2.7% change compares with a Minnesota average of +0.1% across its 853 places.
- Density in Minnesota: Mahnomen ranks 220th by people per square mile.
- Density vs Minnesota: Mahnomen's 1,143 people per square mile compare with a state median of 607.
- Location: 47.3148, -95.9674 (US Census Bureau Gazetteer).
- Nearest larger cities: Fosston (21 mi); Ada (26 mi); Bagley (30 mi); Hawley (34 mi); Detroit Lakes (36 mi). Larger metros often have more branches, but online lenders reach Mahnomen on the same terms.
- Smaller communities close by: Bejou (9 mi); Waubun (9 mi); Twin Valley (14 mi), each with its own Census population profile.
- Smaller neighbours: 46 places smaller than Mahnomen sit within 50 miles.
- Within 100 miles: 41 places are larger than Mahnomen.
How a Mahnomen personal loan is priced
In Mahnomen, a small community of about 1,210, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Mahnomen loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Mahnomen loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Lender access in Mahnomen
Mahnomen is moderately settled, with about 1,143 people per square mile and 11 larger places within 50 miles. Lenders licensed in Minnesota reach Mahnomen's 1,210 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Fosston, MN about 21 miles away.
What Minnesota law requires in Mahnomen
Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Mahnomen lender must follow.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota Department of Commerce (commissioner of commerce) Source says: ""Commissioner" means the commissioner of commerce" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01) Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603) Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis" | Minnesota Department of Commerce as of 2026-09-16 |
The geography behind Mahnomen
Mahnomen covers about 1.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 1,143 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 208 miles away. Counting outward 50 miles, 11 larger communities surround Mahnomen. Within the same 50 miles lie 46 smaller Census places.
Where Mahnomen sits in Minnesota
Set beside Minnesota's 853 places, Mahnomen ranks 331st by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Mahnomen ranks 716th of 853 in Minnesota (about the 16th percentile). Its roughly 1,143 residents per square mile place it 220th among Minnesota's places. Within 50 miles sit 46 smaller Census places, alongside the 11 that are larger.
Common questions
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Nearby places
- Bejou, MN — population 82
- Waubun, MN — population 399
- Ogema, MN — population 203
- Winger, MN — population 174
- Twin Valley, MN — population 704
- Gary, MN — population 223
- McIntosh, MN — population 584
- Callaway, MN — population 181