Personal loans in Clawson, MI
By population, Clawson sits at 83rd in Michigan, with an estimated 11,176 residents. Clawson shed about 1.9% of its population between the 2020 base and the 2023 estimate.
A personal loan in Clawson is priced from your credit file and income, not from the fact that the city holds 11,176 people. Every figure below is Michigan's own, applied to Clawson's 11,176 residents, with the publisher and retrieval date attached. Pull your credit reports and line up at least three offers before you apply from Clawson. For a bigger market, look to Royal Oak, MI about 2 miles away.
Borrowing in Clawson: the local picture
Only a few things actually differ by place — population, area, location, and the Michigan rules a lender must follow — and they are below.
- Population: an estimated 11,176 residents, 83rd of 533 places in Michigan (Census Vintage 2023 subcounty estimate).
- Population trend: The 2020-to-2023 change is negative, near 1.9%.
- Net change: roughly 221 fewer people than the 2020 Census counted.
- Size percentile: roughly 84% of Michigan's places have fewer residents than Clawson's 11,176.
- Population density: 5,080 people per square mile on 2.2 square miles of land.
- Land area rank: Clawson's 2.2 square miles rank 219th of 533 places in Michigan.
- Within Michigan: about 0.2% of the state's population lives in Clawson.
- National rank: Clawson is the 2,903rd most populous of the 19,457 Census places covered here.
- Growth rank: Clawson's 2020-to-2023 change ranks 445th of 533 places in Michigan.
- Against the state trend: Clawson's 1.9% change compares with a Michigan average of -0.3% across its 533 places.
- Density in Michigan: Clawson ranks 12th by people per square mile.
- Against the state median: Clawson runs about 5,080 residents per square mile, where the Michigan median is 1,078.
- Location: 42.5367, -83.1504 (US Census Bureau Gazetteer).
- Nearest larger cities: Royal Oak (2 mi); Madison Heights (3 mi); Berkley (3 mi); Troy (3 mi); Birmingham (3 mi). A branch is convenient; it is not what sets your APR.
- Smaller towns nearby: Huntington Woods (4 mi); Pleasant Ridge (5 mi); Beverly Hills (5 mi).
- Within a 50-mile radius: 81 smaller Census places.
- Within 100 miles: 82 places are larger than Clawson.
Lender access in Clawson
With about 5,080 residents per square mile, Clawson is densely built, and 54 larger Census places sit within 50 miles. A Michigan licence lets a lender serve Clawson without a local office, so branch density does not change what its 11,176 residents are offered. For a larger market, the closest option is Royal Oak, MI about 2 miles away.
How Michigan law applies in Clawson
These are Michigan's sourced lending facts as they reach Clawson's 11,176 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Michigan Department of Insurance and Financial Services (DIFS) Source says: ""Department" means the department of insurance and financial services" | Michigan Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 7% per annum maximum by written agreement; 5% legal rate (MCL 438.31) Source says: "it shall be lawful for the parties to stipulate in writing for the payment of any rate of interest, not exceeding 7% per annum" | Michigan Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment service transactions (2005 PA 244; MCL 487.2121 et seq.), licensed and regulated by DIFS Source says: "AN ACT to regulate the business of providing deferred presentment service transactions; to require the licensing of providers of deferred presentment service transactions" | Michigan Legislature as of 2026-09-16 |
Where Clawson sits
Inside Clawson's boundaries lie about 2.2 square miles of land, with no significant water area recorded. That land carries about 5,080 people per square mile. Detroit, the largest place in Michigan, is about 11 miles from Clawson. A 50-mile radius around Clawson takes in 54 places that are larger. Within the same 50 miles lie 81 smaller Census places.
Clawson's place among Michigan's 533 places
Among Michigan's 533 places, Clawson sits at 83rd for population, a share of roughly 0.2% of the state. On the 2020-to-2023 trend, Clawson stands 445th among Michigan's 533 places — roughly the 17th percentile. Its roughly 5,080 residents per square mile place it 12th among Michigan's places. By land area, its 2.2 square miles rank 219th of 533 places in Michigan.
The anatomy of a Clawson personal loan
Clawson is a small town of about 11,176 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Two numbers drive a Clawson loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Clawson loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Royal Oak, MI — population 57,452
- Troy, MI — population 87,339
- Berkley, MI — population 14,934
- Madison Heights, MI — population 28,238
- Huntington Woods, MI — population 6,260
- Pleasant Ridge, MI — population 2,577
- Birmingham, MI — population 21,434
- Oak Park, MI — population 29,023