Personal loans in Redwood Falls, MN

By population, Redwood Falls sits at 151st in Minnesota, with an estimated 5,059 residents. The nearest larger city is Marshall, MN about 35 miles away. A lender that serves Redwood Falls operates under Minnesota lending statutes and a Minnesota supervisor. For a community of about 5,059, the practical step is to compare APR across at least three lenders before committing.

What the Census records for Redwood Falls

Most of what governs a Redwood Falls loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

• Population: the Census counts 5,059 residents in Redwood Falls (Vintage 2023 subcounty estimate), the 151st-largest figure among Minnesota's 853 places.
• Population trend: The 2020-to-2023 change is negative, near 0.9%.
• Net change: roughly 44 fewer people than the 2020 Census counted.
• Size percentile: about 82% of Minnesota communities are smaller than Redwood Falls (5,059 residents).
• Density: roughly 958 residents per square mile, spread over 5.3 sq mi of land.
• By land area: Redwood Falls ranks 160th among Minnesota's 853 places, at 5.3 sq mi.
• Water: Redwood Falls holds about 0.12 square miles, the 231st-largest water area in Minnesota.
• Share of state population: Redwood Falls's 5,059 residents are about 0.1% of Minnesota.
• Nationally: Redwood Falls is the 4,794th-largest of 19,457 Census places in the dataset.
• Growth rank: Redwood Falls's 2020-to-2023 change ranks 449th of 853 places in Minnesota.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Redwood Falls's 0.9%.
• Density rank: Redwood Falls places 282nd among Minnesota's places by people per square mile.
• Density vs Minnesota: Redwood Falls's 958 people per square mile compare with a state median of 607.
• Location: coordinates 44.5471, -95.1026 (US Census Bureau Gazetteer).
• Nearest larger cities: Marshall (35 mi); New Ulm (35 mi); Willmar (40 mi); Montevideo (41 mi); Hutchinson (43 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Nearest smaller towns: Morton (6 mi); Delhi (6 mi); Franklin (11 mi).
• Smaller neighbours: 88 places smaller than Redwood Falls sit within 50 miles.
• At 100 miles: 90 larger Census places fall inside that radius.

How a Redwood Falls personal loan is priced

Most loans made to Redwood Falls's 5,059 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Redwood Falls. Because the payment is fixed, the total cost of a Redwood Falls loan is knowable in advance — unlike a revolving card balance.

Redwood Falls on the map

Redwood Falls covers about 5.3 square miles of land, with 0.12 square miles of water inside its boundaries (Census Gazetteer). That land carries about 958 people per square mile. The largest place in Minnesota, Minneapolis, lies about 94 miles away. Redwood Falls has 7 larger places within a 50-mile radius. Within the same 50 miles lie 88 smaller Census places.

How Redwood Falls compares across Minnesota

Set beside Minnesota's 853 places, Redwood Falls ranks 151st by population and holds about 0.1% of the state total. Its 2020-to-2023 change ranks 449th of 853 Minnesota places, putting it near the 47th percentile for growth. At about 958 people per square mile, Redwood Falls is the 282nd most densely settled place in Minnesota. Between 2020 and 2023 the count changed by roughly 44 residents.

How Minnesota law applies in Redwood Falls

The rows below set out what a licensed lender must follow in Minnesota, and so for Redwood Falls's roughly 5,059 residents.

What is available to Redwood Falls borrowers

Redwood Falls is a moderately settled community of about 5,059 people, with 7 larger places inside a 50-mile radius. What is available to Redwood Falls's 5,059 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Marshall, MN about 35 miles away.