Personal loans in Marion, IN
Census figures put the 2020-to-2023 decrease in Marion at about 0.8%. The first question in Marion is not the rate on offer but whether the payment fits; about 28,105 people live here under Indiana lending law.
Marion is home to roughly 28,105 people and stands 36th by size out of 565 Census places in Indiana. A larger market lies at Kokomo, IN about 25 miles away. When Indiana caps or restricts a product, lenders either change the terms or withdraw it from Marion as from the rest of the state. Pull your credit reports and line up at least three offers before you apply from Marion.
What the Census records for Marion
Read the local figures below as context; read the sourced Indiana table as the rulebook a lender here must follow.
- Population: 28,105 people, a figure that places Marion 36th among the 565 Census places in Indiana (US Census Bureau, Vintage 2023).
- Population trend: The 2020-to-2023 change is negative, near 0.8%.
- Absolute change: 214 residents lost between 2020 and 2023.
- Size percentile: Marion's 28,105 people outrank roughly 94% of the places in Indiana.
- Land and density: 15.7 square miles of land carry roughly 1,790 residents per square mile.
- Land area rank: Marion's 15.7 square miles rank 39th of 565 places in Indiana.
- Water area rank: Marion ranks 83rd among Indiana's 565 places, with 0.08 sq mi.
- Share of state population: Marion's 28,105 residents are about 0.8% of Indiana.
- National rank: Marion is 1,391st of 19,457 places nationwide.
- Growth rank: Marion ranks 399th among Indiana's 565 places for the 2020-to-2023 change.
- Against the state trend: Marion's 0.8% change compares with a Indiana average of +1.0% across its 565 places.
- Density rank: Marion is the 136th most densely settled place in Indiana.
- Density in context: Marion's 1,790 people per square mile sit against a Indiana median of 1,375.
- Location: latitude 40.5500, longitude -85.6604 (Census Gazetteer).
- Nearest larger cities: Kokomo (25 mi); Muncie (28 mi); Anderson (32 mi); Noblesville (40 mi); Fishers (44 mi). Lenders licensed in the state serve Marion whether or not they keep a local branch.
- Smaller towns nearby: Jonesboro (5 mi); Gas City (5 mi); Sweetser (6 mi).
- Within a 50-mile radius: 127 smaller Census places.
- At 100 miles: 28 larger Census places fall inside that radius.
How Indiana law applies in Marion
Every row below records a Indiana rule, its publisher and its retrieval date — the same rules a Marion lender must follow.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Indiana Department of Financial Institutions (DFI), Consumer Credit Division Source says: "The industries regulated by the Consumer Credit Division are: non-depository small loan ("payday") lenders; traditional installment lenders". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Small Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans) Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan size limit | $825 maximum aggregate small-loan principal per borrower Source says: "Lenders cannot have loans ... outstanding with you at any one time if the aggregate principal amount/amount financed exceeds $825". | Indiana Department of Financial Institutions as of 2026-09-16 |
Where Marion sits in Indiana
Against Indiana's other places, Marion accounts for about 0.8% of the state's population and ranks 36th of 565 by size. Its 2020-to-2023 change ranks 399th of 565 Indiana places, putting it near the 29th percentile for growth. By density, at about 1,790 people per square mile, it ranks 136th in Indiana. Within 50 miles sit 127 smaller Census places, alongside the 8 that are larger.
The geography behind Marion
Inside Marion's boundaries lie roughly 15.7 square miles of land and 0.08 square miles of water. With 28,105 residents, the land area yields roughly 1,790 people per square mile. Fort Wayne, the largest place in Indiana, is about 46 miles from Marion. Marion has 8 larger places within a 50-mile radius. The 100-mile radius contains 28 larger places.
What shapes a Marion personal loan
In Marion, a smaller city of about 28,105, 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 Marion can be quoted different APRs on the same amount and term. The term you choose in Marion decides the split between a comfortable payment and the total interest you pay.
What is available to Marion borrowers
With about 1,790 residents per square mile, Marion is moderately settled, and 8 larger Census places sit within 50 miles. Lenders licensed in Indiana reach Marion's 28,105 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Kokomo, IN about 25 miles away.
Common questions
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Nearby places
- Jonesboro, IN — population 1,502
- Gas City, IN — population 6,091
- Sweetser, IN — population 1,064
- Fairmount, IN — population 2,659
- La Fontaine, IN — population 795
- Fowlerton, IN — population 272
- Swayzee, IN — population 902
- Van Buren, IN — population 783