Personal loans in Clay City, KY

Rate ceilings, licensing requirements and product limits for Clay City are all set at the Kentucky level. At about 1,178 residents, Clay City is larger than roughly 54% of the places in Kentucky. Work out your debt-to-income ratio first; lenders weigh it heavily, and Clay City's 1,178 residents are no exception. From the 2020 Census base to the 2023 estimate, the population declined by about 1.4%. The nearest larger metro is Stanton, KY about 4 miles away.

Local context for Clay City

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

• Population: about 1,178, ranked 191st of 416 places in Kentucky (Census Vintage 2023 subcounty estimate).
• Population trend: The 2020-to-2023 change is negative, near 1.4%.
• Change in people: the 2020-to-2023 comparison is a loss of about 17 residents.
• Size percentile: Clay City sits ahead of around 54% of Kentucky places, at 1,178 people.
• Population density: 1,112 people per square mile on 1.1 square miles of land.
• Land area rank: Clay City's 1.1 square miles rank 223rd of 416 places in Kentucky.
• Water area rank: Clay City ranks 78th among Kentucky's 416 places, with 0.06 sq mi.
• Within Kentucky: about 0.1% of the state's population lives in Clay City.
• National rank: Clay City is 9,617th of 19,457 places nationwide.
• Growth rank: Clay City's 2020-to-2023 change ranks 307th of 416 places in Kentucky.
• Versus Kentucky: the state average change is -0.2%, while Clay City moved 1.4%.
• Density in Kentucky: Clay City ranks 198th by people per square mile.
• Density in context: Clay City's 1,112 people per square mile sit against a Kentucky median of 1,045.
• Location: mapped by the US Census Bureau at 37.8608, -83.9297.
• Nearest larger cities: Stanton (4 mi); Jeffersonville (9 mi); Irvine (12 mi); Mount Sterling (14 mi); Winchester (17 mi). Living near a larger metro rarely changes what is available in Clay City.
• Nearest smaller towns: Camargo (10 mi); Ravenna (12 mi); Frenchburg (18 mi) — useful context for the surrounding area.
• Within a 50-mile radius: 23 smaller Census places.
• Within 100 miles: 202 places are larger than Clay City.

Clay City in state context

Among Kentucky's 416 places, Clay City sits at 191st for population, a share of roughly 0.1% of the state. On the 2020-to-2023 trend, Clay City stands 307th among Kentucky's 416 places — roughly the 26th percentile. At about 1,112 people per square mile, Clay City is the 198th most densely settled place in Kentucky. Between 2020 and 2023 the count changed by roughly 17 residents.

Clay City: area, density and distance

Clay City covers about 1.1 square miles of land, with 0.06 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 1,112 residents per square mile. The state's population centre of gravity, Lexington-Fayette, is roughly 31 miles away. Clay City has 27 larger places within a 50-mile radius. Within the same 50 miles lie 23 smaller Census places.

What a Clay City borrower is actually offered

Most loans made to Clay City's 1,178 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Two numbers drive a Clay City loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Clay City loan but raises total interest, so the smallest payment is not the cheapest loan.

The state rulebook for Clay City

This table holds the Kentucky rate and licensing rules for consumer loans made to Clay City's 1,178 residents.

Getting a loan in Clay City

At roughly 1,112 people per square mile, Clay City is moderately settled; 27 larger places lie within 50 miles. What is available to Clay City's 1,178 borrowers is set by Kentucky licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Stanton, KY about 4 miles away.