Personal loans in Morton, MN
Morton is one of 853 Census places in Minnesota; its 397 residents put it at 536th. A personal loan in Morton is priced from your credit file and income, not from the fact that the city holds 397 people. Use the calculator on this page to price an amount and term before you commit in Morton. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Morton as from the rest of the state. Morton lost roughly 3.2% of its population across the 2020-to-2023 comparison. The nearest larger city is Franklin, MN about 5 miles away.
Morton by the numbers
The figures below are Morton's own — Census population, land area and coordinates — followed by the Minnesota rules.
- Population: about 397 people live here, which puts Morton 536th of 853 Census places in Minnesota (Vintage 2023).
- Population trend: A loss of roughly 3.2% between 2020 and 2023.
- Absolute change: 13 residents lost between 2020 and 2023.
- Size percentile: bigger than about 37% of the places in Minnesota, with 397 residents in Morton.
- Population density: about 328 people per square mile (Census land area 1.2 sq mi).
- Land area rank: Morton's 1.2 square miles rank 452nd of 853 places in Minnesota.
- Water: Morton holds about 0.01 square miles, the 369th-largest water area in Minnesota.
- State share: roughly 0.0% of Minnesota's residents live in Morton (397 people).
- National rank: Morton is 14,130th of 19,457 places nationwide.
- Growth rank: Morton's 2020-to-2023 change ranks 761st of 853 places in Minnesota.
- Versus Minnesota: the state average change is +0.1%, while Morton moved 3.2%.
- Density rank: Morton is the 595th most densely settled place in Minnesota.
- Density vs Minnesota: Morton's 328 people per square mile compare with a state median of 607.
- Location: latitude 44.5533, longitude -94.9843 (Census Gazetteer).
- Nearest larger cities: Franklin (5 mi); Redwood Falls (6 mi); Morgan (10 mi); Fairfax (13 mi); Bird Island (15 mi). Living near a larger metro rarely changes what is available in Morton.
- Nearest smaller towns: Delhi (12 mi); Clements (12 mi); Evan (16 mi).
- Smaller places within 50 miles: 36 of them.
- Within 100 miles: 323 places are larger than Morton.
Minnesota rules behind a Morton personal loan
The rows below set out what a licensed lender must follow in Minnesota, and so for Morton's roughly 397 residents.
| 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 |
Morton's place among Minnesota's 853 places
Against Minnesota's other places, Morton accounts for about 0.0% of the state's population and ranks 536th of 853 by size. For population change between 2020 and 2023, Morton ranks 761st of 853 in Minnesota (about the 11th percentile). Its roughly 328 residents per square mile place it 595th among Minnesota's places. In land area, Morton ranks 452nd among Minnesota's 853 places.
Where Morton sits
The Census Gazetteer records 1.2 square miles of land and 0.01 square miles of water within Morton. The resulting density is about 328 people per square mile. The largest place in Minnesota, Minneapolis, lies about 89 miles away. Within 50 miles of Morton there are 60 larger Census places. The 100-mile radius contains 323 larger places.
Lender access in Morton
Morton is lightly settled, with about 328 people per square mile and 60 larger places within 50 miles. Whether Morton has a local branch or not, a Minnesota-licensed lender can serve its 397 people online on the same terms. The nearest bigger place is Franklin, MN about 5 miles away.
Inside a Morton personal loan
A Morton personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 397 residents. Because pricing is borrower-level, two people in Morton can be quoted different APRs on the same amount and term. The term you choose in Morton decides the split between a comfortable payment and the total interest you pay.
Common questions
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Nearby places
- Franklin, MN — population 510
- Redwood Falls, MN — population 5,059
- Morgan, MN — population 878
- Clements, MN — population 149
- Olivia, MN — population 2,289
- Bird Island, MN — population 977
- Delhi, MN — population 45
- Evan, MN — population 71