Personal loans in Waseca, MN

Waseca, Minnesota — home to about 9,221 people — is a small town, so the terms you are offered follow Minnesota law rather than any local rule. Waseca shed about 0.1% of its population between the 2020 base and the 2023 estimate. Begin with the payment, then weigh APR and total interest across the lenders that reach Waseca's 9,221 residents. The closest larger city is Owatonna, MN about 14 miles away.

The Waseca data picture

The figures below are Waseca's own — Census population, land area and coordinates — followed by the Minnesota rules.

• Population: about 9,221 people live here, which puts Waseca 106th of 853 Census places in Minnesota (Vintage 2023).
• Population trend: The 2020-to-2023 change is negative, near 0.1%.
• Change in people: the 2020-to-2023 comparison is a loss of about 10 residents.
• Size percentile: about 88% of Minnesota's Census places are smaller than Waseca.
• Density: roughly 2,147 residents per square mile, spread over 4.3 sq mi of land.
• Land area rank: Waseca's 4.3 square miles rank 183rd of 853 places in Minnesota.
• Water area rank: Waseca ranks 74th among Minnesota's 853 places, with 1.18 sq mi.
• Share of state population: Waseca's 9,221 residents are about 0.2% of Minnesota.
• National rank: Waseca is the 3,333rd most populous of the 19,457 Census places covered here.
• Growth rank: Waseca ranks 360th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Waseca's 0.1% change compares with a Minnesota average of +0.1% across its 853 places.
• Density in Minnesota: Waseca ranks 63rd by people per square mile.
• Density vs Minnesota: Waseca's 2,147 people per square mile compare with a state median of 607.
• Location: the Census Gazetteer records it at 44.0815, -93.5040.
• Nearest larger cities: Owatonna (14 mi); Faribault (19 mi); Mankato (24 mi); North Mankato (28 mi); St. Peter (29 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller places close by: Waterville (10 mi); Morristown (10 mi); Janesville (11 mi).
• Smaller places within 50 miles: 106 of them.
• Within 100 miles: 91 places are larger than Waseca.

Waseca's place among Minnesota's 853 places

Waseca is the 106th-largest of 853 Census places in Minnesota and contains about 0.2% of the state's people. Its 2020-to-2023 change ranks 360th of 853 Minnesota places, putting it near the 58th percentile for growth. Its roughly 2,147 residents per square mile place it 63rd among Minnesota's places. Between 2020 and 2023 the count changed by roughly 10 residents.

Minnesota consumer-lending rules applied in Waseca

When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Waseca is bound by the same rules.

The anatomy of a Waseca personal loan

With roughly 9,221 residents, Waseca is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Waseca loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Waseca loan is knowable in advance — unlike a revolving card balance.

Where Waseca sits

Waseca's land area is about 4.3 square miles; a further 1.18 square miles is water. That land carries about 2,147 people per square mile. Minneapolis, the largest place in Minnesota, is about 62 miles from Waseca. Counting outward 50 miles, 15 larger communities surround Waseca. Within the same 50 miles lie 106 smaller Census places.

Lender access in Waseca

At roughly 2,147 people per square mile, Waseca is fairly dense; 15 larger places lie within 50 miles. Lenders licensed in Minnesota reach Waseca's 9,221 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Owatonna, MN about 14 miles away.