Personal loans in Taunton, MN
Taunton counts about 132 people, and what is genuinely local about borrowing here is limited — Minnesota law does the governing. The 2020 count to the 2023 estimate shows about 2.9% decline in Taunton.
With 132 residents, Taunton outranks about 16% of the communities in Minnesota. Begin with the payment, then weigh APR and total interest across the lenders that reach Taunton's 132 residents. For the 132 people in Taunton, Minnesota runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. A larger market lies at Minneota, MN about 5 miles away.
Borrowing in Taunton: the local picture
What follows is Taunton's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.
- Population: 132 — Taunton ranks 716th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: A drop of about 2.9% from 2020 to 2023.
- Absolute change: 4 residents lost between 2020 and 2023.
- Size percentile: roughly 16% of Minnesota's places have fewer residents than Taunton's 132.
- Population density: about 131 people per square mile across 1.0 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Taunton covers 1.0 square miles, the 515th-largest area among Minnesota's 853 places.
- Share of state population: Taunton's 132 residents are about 0.0% of Minnesota.
- Nationally: Taunton is the 17,572nd-largest of 19,457 Census places in the dataset.
- Growth in Minnesota: Taunton stands 739th by percentage change from 2020 to 2023, among 853 places.
- Against the state trend: Taunton's 2.9% change compares with a Minnesota average of +0.1% across its 853 places.
- Density in Minnesota: Taunton ranks 738th by people per square mile.
- Against the state median: Taunton runs about 131 residents per square mile, where the Minnesota median is 607.
- Location: coordinates 44.5942, -96.0629 (US Census Bureau Gazetteer).
- Nearest larger cities: Minneota (5 mi); Porter (6 mi); Ghent (10 mi); Ivanhoe (13 mi); Canby (13 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller communities within reach: St. Leo (9 mi); Arco (16 mi); Hazel Run (20 mi).
- Within a 50-mile radius: 31 smaller Census places.
- At 100 miles: 274 larger Census places fall inside that radius.
Borrowing reach in Taunton
At roughly 131 people per square mile, Taunton is lightly settled; 66 larger places lie within 50 miles. A Minnesota licence lets a lender serve Taunton without a local office, so branch density does not change what its 132 residents are offered. The nearest larger city, Minneota, MN about 5 miles away.
Land, water and location for Taunton
Inside Taunton's boundaries lie about 1.0 square miles of land, with no significant water area recorded. That land carries about 131 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 139 miles away. Taunton has 66 larger places within a 50-mile radius. By land area it ranks 515th of 853 Minnesota places.
Minnesota consumer-lending rules applied in Taunton
This table holds the Minnesota rate and licensing rules for consumer loans made to Taunton's 132 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 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday ability-to-repay requirement | Required for payday loans with an APR above 36% (Minn. Stat. § 47.603) Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent." | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
Where Taunton sits in Minnesota
Set beside Minnesota's 853 places, Taunton ranks 716th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Taunton ranks 739th of 853 in Minnesota (about the 13th percentile). By density, at about 131 people per square mile, it ranks 738th in Minnesota. The population moved by about 4 people between 2020 and 2023, a 2.9% shift.
What shapes a Taunton personal loan
With roughly 132 residents, Taunton is a small community; 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 Taunton. Shortening the term on a Taunton loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Common questions
What are my options in Taunton if my credit is poor?
What loan size can I expect in Taunton?
Do I have to pledge anything to borrow in Taunton?
Does comparing loans in Taunton cost me credit score points?
Nearby places
- Minneota, MN — population 1,348
- Porter, MN — population 163
- St. Leo, MN — population 92
- Ghent, MN — population 377
- Ivanhoe, MN — population 537
- Canby, MN — population 1,683
- Arco, MN — population 85
- Lynd, MN — population 429