Payday Loans in New York Mills (Otter Tail County) MN Online 24/7, Short-Term Cash Advance

Payday Loans and Cash Advances in New York Mills, Minnesota

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New York Mills, MN: Local Financial Snapshot

City-level ACS data

Local economic and housing context for New York Mills. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.

Population (ACS 2020–2024)1,371

Median household income$56,87536.1% below Minnesota

Median gross rent / month$72743.2% below Minnesota

Median rent share of income27.1%2.1 pp below Minnesota

Poverty estimate15.8%6.5 pp above Minnesota

Unemployment rate3.1%1.0 pp below Minnesota

Median household income in New York Mills is $56,875, 36.1% below the Minnesota median. Median gross rent is $727 per month, 43.2% below the statewide median. Among renter households paying cash rent, the median gross-rent share of household income is 27.1%, 2.1 percentage points below Minnesota. The ACS poverty estimate is 15.8% and the unemployment rate is 3.1%. These community-level figures are context for comparing household costs with a loan's full repayment amount; they do not predict approval, pricing, or individual borrowing demand.

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.

Locations in New York Mills, MN

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Payday Loans in New York Mills, MN