Personal loans in Troy, MI

The closest larger place is Sterling Heights, MI about 6 miles away. Troy's population held flat through the 2020-to-2023 comparison. A single loan can carry different costs on either side of a state line, and Troy sits on the Michigan side of that line. Read the disclosure for an origination fee and any prepayment penalty before signing in Troy.

Where Troy stands

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

• Population: 87,339 — Troy ranks 9th of 533 communities in Michigan (US Census Bureau, Vintage 2023).
• Population trend: No meaningful shift since the 2020 count.
• Size percentile: Troy sits ahead of around 98% of Michigan places, at 87,339 people.
• Density: the Census land area of 33.4 sq mi holds about 2,611 people per square mile.
• By land area: Troy ranks 10th among Michigan's 533 places, at 33.4 sq mi.
• Water area rank: Troy ranks 115th among Michigan's 533 places, with 0.18 sq mi.
• State share: roughly 1.7% of Michigan's residents live in Troy (87,339 people).
• National rank: Troy is the 394th most populous of the 19,457 Census places covered here.
• Growth in Michigan: Troy stands 200th by percentage change from 2020 to 2023, among 533 places.
• State comparison: Michigan's places average -0.3% for 2020-to-2023, against Troy's 0.0%.
• Density rank: Troy is the 78th most densely settled place in Michigan.
• Against the state median: Troy runs about 2,611 residents per square mile, where the Michigan median is 1,078.
• Location: 42.5839 / -83.1455, per the US Census Bureau Gazetteer.
• Nearest larger cities: Sterling Heights (6 mi); Warren (9 mi); Detroit (14 mi); Livonia (17 mi); Dearborn (19 mi). Lenders licensed in the state serve Troy whether or not they keep a local branch.
• Smaller places close by: Clawson (3 mi); Birmingham (5 mi); Bloomfield Hills (5 mi).
• Within a 50-mile radius: 131 smaller Census places.
• Within 100 miles: 8 places are larger than Troy.

Land, water and location for Troy

Troy covers about 33.4 square miles of land, with 0.18 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 2,611 residents per square mile. The largest place in Michigan, Detroit, lies about 14 miles away. Counting outward 50 miles, 6 larger communities surround Troy. Within the same 50 miles lie 131 smaller Census places.

Before you apply in Troy

These steps shape the offer you get in Troy, a place of about 87,339 people:

1. Get your credit reports, dispute what is wrong, and only then start shopping.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Make sure the lender appears in the Michigan regulator's licence list.
5. Decide the purpose and how you will repay it before approaching any lender.
6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

None of these steps is Troy-specific: the same Michigan licensing and disclosure rules reach all 87,339 residents.

Lender access in Troy

Troy is a fairly dense community of about 87,339 people, with 6 larger places inside a 50-mile radius. A Michigan licence lets a lender serve Troy without a local office, so branch density does not change what its 87,339 residents are offered. For a larger market, the closest option is Sterling Heights, MI about 6 miles away.

Michigan rules behind a Troy personal loan

When Michigan does not publish a figure, the row links to the source instead of inventing a number; Troy is bound by the same rules.

Troy's place among Michigan's 533 places

Among Michigan's 533 places, Troy sits at 9th for population, a share of roughly 1.7% of the state. On the 2020-to-2023 trend, Troy stands 200th among Michigan's 533 places — roughly the 62th percentile. By density, at about 2,611 people per square mile, it ranks 78th in Michigan. Within 50 miles sit 131 smaller Census places, alongside the 6 that are larger.