Personal loans in Tekoa, WA
Two households in Tekoa with comparable incomes can still be offered different rates; the city's 805 residents are not the reason. Tekoa is home to roughly 805 people and stands 213th by size out of 281 Census places in Washington.
Census figures put the 2020-to-2023 decrease in Tekoa at about 1.1%. Begin with the payment, then weigh APR and total interest across the lenders that reach Tekoa's 805 residents. The closest larger place is Plummer, ID about 11 miles away. Lenders active in Tekoa report to a Washington supervisor, identified in the sourced rows below.
Where Tekoa stands
The figures below are Tekoa's own — Census population, land area and coordinates — followed by the Washington rules.
- Population: about 805, ranked 213th of 281 places in Washington (Census Vintage 2023 subcounty estimate).
- Population trend: A drop of about 1.1% from 2020 to 2023.
- Net change: roughly 9 fewer people than the 2020 Census counted.
- Size percentile: Tekoa sits ahead of around 24% of Washington places, at 805 people.
- Population density: 657 people per square mile on 1.2 square miles of land.
- Land area: Tekoa covers 1.2 square miles, the 182nd-largest area among Washington's 281 places.
- State share: roughly 0.0% of Washington's residents live in Tekoa (805 people).
- Nationally: Tekoa is the 11,160th-largest of 19,457 Census places in the dataset.
- Growth in Washington: Tekoa stands 218th by percentage change from 2020 to 2023, among 281 places.
- Against the state trend: Tekoa's 1.1% change compares with a Washington average of +2.8% across its 281 places.
- Density in Washington: Tekoa ranks 239th by people per square mile.
- Against the state median: Tekoa runs about 657 residents per square mile, where the Washington median is 1,518.
- Location: 47.2247, -117.0731 (US Census Bureau Gazetteer).
- Nearest larger cities: Plummer (11 mi); Palouse (22 mi); Colfax (23 mi); St. Maries (24 mi); Cheney (30 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller communities close by: Latah (6 mi); Tensed (8 mi); Farmington (9 mi), each with its own Census population profile.
- Smaller places within 50 miles: 34 of them.
- Larger places within 100 miles: 53.
Tekoa in state context
Against Washington's other places, Tekoa accounts for about 0.0% of the state's population and ranks 213th of 281 by size. On the 2020-to-2023 trend, Tekoa stands 218th among Washington's 281 places — roughly the 22th percentile. Its roughly 657 residents per square mile place it 239th among Washington's places. Between 2020 and 2023 the count changed by roughly 9 residents.
The geography behind Tekoa
Inside Tekoa's boundaries lie about 1.2 square miles of land, with no significant water area recorded. With 805 residents, the land area yields roughly 657 people per square mile. The largest place in Washington, Seattle, lies about 248 miles away. Counting outward 50 miles, 23 larger communities surround Tekoa. The 100-mile radius contains 53 larger places.
Before you apply in Tekoa
Complete these steps first when you borrow in Tekoa (805 residents):
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Use the loan calculator to test the payment on your intended amount and term.
- Get several pre-qualifications and compare APR side by side before choosing.
- Verify the lender's Washington licence with the regulator listed on this page.
- Test the payment against your current bills before you commit.
- Weigh a shorter term's higher payment against the interest it saves.
- Keep the amount to the expense; an approval is not a reason to take more.
In Tekoa as elsewhere in Washington, the written terms — not the advertisement — are what count for its 805 residents.
The anatomy of a Tekoa personal loan
A Tekoa personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 805 residents. Two numbers drive a Tekoa loan: the APR, which includes fees, and the term, which decides how long you keep paying. The term you choose in Tekoa decides the split between a comfortable payment and the total interest you pay.
How Washington law applies in Tekoa
These are Washington's sourced lending facts as they reach Tekoa's 805 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Washington State Department of Financial Institutions (DFI) Source says: DFI licenses and regulates financial institutions and service providers in Washington. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Payday lending status | Licensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45) Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Loan Company license required (Consumer Loan Act, RCW 31.04.035) Source says: No person may engage in any activity subject to this chapter without first obtaining and maintaining a license in accordance with this chapter. | Washington State Legislature (RCW) as of 2026-09-16 |
Common questions
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Nearby places
- Latah, WA — population 174
- Farmington, WA — population 135
- Tensed, ID — population 94
- Fairfield, WA — population 590
- Waverly, WA — population 120
- Oakesdale, WA — population 392
- Plummer, ID — population 1,113
- Garfield, WA — population 560