Personal loans in Gorham, IL

The roughly 167 people who live in Gorham borrow under Illinois rules; city hall sets no personal-loan rate. A lender that serves Gorham operates under Illinois lending statutes and a Illinois supervisor. Use the calculator on this page to price an amount and term before you commit in Gorham. The nearest larger city is Grand Tower, IL about 5 miles away.

Gorham: population, trend and location

Most of what governs a Gorham loan is written in Illinois law rather than in the city; the sourced notes below make that split concrete.

• Population: about 167, ranked 1,143rd of 1,294 places in Illinois (Census Vintage 2023 subcounty estimate).
• Population trend: About 1.8% below the 2020 Census base.
• People gained or lost: about 3 fewer since the 2020 base.
• Size percentile: about 12% of Illinois communities are smaller than Gorham (167 residents).
• Population density: about 137 people per square mile (Census land area 1.2 sq mi).
• Land area: Gorham covers 1.2 square miles, the 641st-largest area among Illinois's 1,294 places.
• Water: Gorham holds about 0.01 square miles, the 471st-largest water area in Illinois.
• State share: roughly 0.0% of Illinois's residents live in Gorham (167 people).
• National rank: Gorham is the 16,997th most populous of the 19,457 Census places covered here.
• Growth rank: Gorham's 2020-to-2023 change ranks 489th of 1,294 places in Illinois.
• Versus Illinois: the state average change is -2.0%, while Gorham moved 1.8%.
• Density rank: Gorham places 1,233rd among Illinois's places by people per square mile.
• Against the state median: Gorham runs about 137 residents per square mile, where the Illinois median is 993.
• Location: coordinates 37.7179, -89.4779 (US Census Bureau Gazetteer).
• Nearest larger cities: Grand Tower (5 mi); Altenburg (8 mi); Murphysboro (9 mi); Frohna (10 mi); Ava (12 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller towns: Rockwood (14 mi); Old Appleton (15 mi); Longtown (17 mi) — useful context for the surrounding area.
• Smaller neighbours: 19 places smaller than Gorham sit within 50 miles.
• Within 100 miles: 486 places are larger than Gorham.

Gorham: area, density and distance

The Census Gazetteer records 1.2 square miles of land and 0.01 square miles of water within Gorham. With 167 residents, the land area yields roughly 137 people per square mile. For the state's biggest city, Chicago, the distance is roughly 300 miles. Gorham has 121 larger places within a 50-mile radius. The 100-mile radius contains 486 larger places.

What shapes a Gorham personal loan

In Gorham, a small community of about 167, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Gorham can be quoted different APRs on the same amount and term. The term you choose in Gorham decides the split between a comfortable payment and the total interest you pay.

The Illinois lending rules that reach Gorham

Below are the Illinois rules that apply to a loan made in Gorham, each with the regulator that issued it.

Gorham's place among Illinois's 1,294 places

Within Illinois, Gorham holds roughly 0.0% of all residents, the 1,143rd-largest share among 1,294 places. For population change between 2020 and 2023, Gorham ranks 489th of 1,294 in Illinois (about the 62th percentile). By density, at about 137 people per square mile, it ranks 1,233rd in Illinois. Within 50 miles sit 19 smaller Census places, alongside the 121 that are larger.

Getting a loan in Gorham

With about 137 residents per square mile, Gorham is lightly settled, and 121 larger Census places sit within 50 miles. Distance to a branch rarely matters for Gorham's 167 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Grand Tower, IL about 5 miles away.