Personal loans in Palmyra, IN
The roughly 902 people who live in Palmyra borrow under Indiana rules; city hall sets no personal-loan rate. About 902 people live in Palmyra, placing it 322nd of 565 Census places in Indiana.
Palmyra gained roughly 0.6% in population across the 2020-to-2023 comparison. Use the calculator on this page to price an amount and term before you commit in Palmyra. For a bigger market, look to Greenville, IN about 7 miles away. Consumer lending that reaches Palmyra's 902 residents is governed by Indiana statute; no city ordinance changes it.
What the Census records for Palmyra
Read the local figures below as context; read the sourced Indiana table as the rulebook a lender here must follow.
- Population: 902 people, a figure that places Palmyra 322nd among the 565 Census places in Indiana (US Census Bureau, Vintage 2023).
- Population trend: Growth of about 0.6% across the 2020-to-2023 comparison.
- Net change: roughly 5 more people than the 2020 Census counted.
- Size percentile: about 43% of Indiana's Census places are smaller than Palmyra.
- Population density: about 754 people per square mile (Census land area 1.2 sq mi).
- Land area rank: Palmyra's 1.2 square miles rank 248th of 565 places in Indiana.
- Water area rank: Palmyra ranks 112th among Indiana's 565 places, with 0.04 sq mi.
- State share: roughly 0.0% of Indiana's residents live in Palmyra (902 people).
- Nationally: Palmyra is the 10,687th-largest of 19,457 Census places in the dataset.
- Growth in Indiana: Palmyra stands 230th by percentage change from 2020 to 2023, among 565 places.
- Versus Indiana: the state average change is +1.0%, while Palmyra moved 0.6%.
- Density rank: Palmyra places 468th among Indiana's places by people per square mile.
- Density vs Indiana: Palmyra's 754 people per square mile compare with a state median of 1,375.
- Location: coordinates 38.4084, -86.1091 (US Census Bureau Gazetteer).
- Nearest larger cities: Greenville (7 mi); New Pekin (8 mi); Georgetown (11 mi); Corydon (14 mi); Lanesville (14 mi). Lenders licensed in the state serve Palmyra whether or not they keep a local branch.
- Nearest smaller towns: Crandall (9 mi); Borden (10 mi); Milltown (10 mi) — useful context for the surrounding area.
- Smaller places within 50 miles: 89 of them.
- Within 100 miles: 243 places are larger than Palmyra.
Before you apply in Palmyra
A sensible order of operations for a loan in Palmyra, home to about 902 people:
- Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
- Use the loan calculator to test the payment on your intended amount and term.
- Collect three or more offers and compare them on APR, not on the advertised rate.
- Confirm the Indiana licence with the regulator named above before committing.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
- Decide the purpose and how you will repay it before approaching any lender.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
The process is identical across Indiana; what changes is your credit file, not the fact that Palmyra holds 902 people.
How Palmyra compares across Indiana
Set beside Indiana's 565 places, Palmyra ranks 322nd by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Palmyra ranks 230th of 565 in Indiana (about the 59th percentile). By density, at about 754 people per square mile, it ranks 468th in Indiana. By land area, its 1.2 square miles rank 248th of 565 places in Indiana.
Borrowing reach in Palmyra
At roughly 754 people per square mile, Palmyra is moderately settled; 82 larger places lie within 50 miles. Lenders licensed in Indiana reach Palmyra's 902 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Greenville, IN about 7 miles away.
The state rulebook for Palmyra
The rows below set out what a licensed lender must follow in Indiana, and so for Palmyra's roughly 902 residents.
| 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 |
Land, water and location for Palmyra
Palmyra covers about 1.2 square miles of land, with 0.04 square miles of water inside its boundaries (Census Gazetteer). That land carries about 754 people per square mile. For the state's biggest city, Fort Wayne, the distance is roughly 192 miles. A 50-mile radius around Palmyra takes in 82 places that are larger. The 100-mile radius contains 243 larger places.
Common questions
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Nearby places
- Crandall, IN — population 138
- Greenville, IN — population 1,441
- New Pekin, IN — population 1,323
- Borden, IN — population 805
- Milltown, IN — population 797
- Georgetown, IN — population 3,781
- Corydon, IN — population 3,168
- Salem, IN — population 6,437