Personal loans in Parowan, UT

Personal loans in Parowan are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 3,181 population. If debt is already a strain, a nonprofit credit counsellor can help Parowan residents before they take on more. A single loan can carry different costs on either side of a state line, and Parowan sits on the Utah side of that line. Borrowers who want a bigger city can look to Enoch, UT about 13 miles away.

Where Parowan stands

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

• Population: 3,181 people, a figure that places Parowan 106th among the 255 Census places in Utah (US Census Bureau, Vintage 2023).
• Population trend: A rise of about 6.1% from 2020 to 2023.
• Change in people: the 2020-to-2023 comparison is a gain of about 183 residents.
• Size percentile: Parowan's 3,181 people outrank roughly 58% of the places in Utah.
• Density: the Census land area of 6.9 sq mi holds about 462 people per square mile.
• Land area: Parowan covers 6.9 square miles, the 107th-largest area among Utah's 255 places.
• State population share: Parowan accounts for about 0.1% of everyone in Utah.
• National standing: Parowan ranks 6,096th of 19,457 US places.
• Growth rank: Parowan's 2020-to-2023 change ranks 84th of 255 places in Utah.
• Against the state trend: Parowan's 6.1% change compares with a Utah average of +5.3% across its 255 places.
• Density in Utah: Parowan ranks 157th by people per square mile.
• Against the state median: Parowan runs about 462 residents per square mile, where the Utah median is 705.
• Location: coordinates 37.8326, -112.8296 (US Census Bureau Gazetteer).
• Nearest larger cities: Enoch (13 mi); Cedar City (18 mi); Beaver (32 mi); La Verkin (48 mi); Hurricane (55 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller towns: Paragonah (5 mi); Brian Head (9 mi); Panguitch (22 mi) — useful context for the surrounding area.
• Within a 50-mile radius: 24 smaller Census places.
• At 100 miles: 12 larger Census places fall inside that radius.

Which Utah laws govern a loan in Parowan

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

How lenders reach Parowan

Parowan is a lightly settled community of about 3,181 people, with 4 larger places inside a 50-mile radius. Whether Parowan has a local branch or not, a Utah-licensed lender can serve its 3,181 people online on the same terms. For a larger market, the closest option is Enoch, UT about 13 miles away.

The anatomy of a Parowan personal loan

A Parowan personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 3,181 residents. Federal Truth in Lending rules require a Parowan lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Parowan loan is knowable in advance — unlike a revolving card balance.

Parowan's place among Utah's 255 places

Among Utah's 255 places, Parowan sits at 106th for population, a share of roughly 0.1% of the state. Its 2020-to-2023 change ranks 84th of 255 Utah places, putting it near the 67th percentile for growth. Its roughly 462 residents per square mile place it 157th among Utah's places. Within 50 miles sit 24 smaller Census places, alongside the 4 that are larger.

Land, water and location for Parowan

The Census Gazetteer records about 6.9 square miles of land within Parowan, with no significant water area listed. The resulting density is about 462 people per square mile. For the state's biggest city, Salt Lake City, the distance is roughly 209 miles. A 50-mile radius around Parowan takes in 4 places that are larger. The 100-mile radius contains 12 larger places.