Personal loans in Martinsville, IN
With roughly 11,946 residents, Martinsville is a small town, and the lending rules its borrowers live under are written in Indiana, not by the city.
At about 11,946 residents, Martinsville is larger than roughly 87% of the places in Indiana. The trend for Martinsville between 2020 and 2023 is upward by roughly 0.1%. Begin with the payment, then weigh APR and total interest across the lenders that reach Martinsville's 11,946 residents. The nearest larger city is Bloomington, IN about 18 miles away. For the 11,946 people in Martinsville, Indiana runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.
Martinsville: the sourced local profile
Most of what governs a Martinsville loan is written in Indiana law rather than in the city; the sourced notes below make that split concrete.
- Population: 11,946 people, a figure that places Martinsville 72nd among the 565 Census places in Indiana (US Census Bureau, Vintage 2023).
- Population trend: Roughly 0.1% more residents than the 2020 Census counted.
- Change in people: the 2020-to-2023 comparison is a gain of about 11 residents.
- Size percentile: Martinsville's 11,946 people outrank roughly 87% of the places in Indiana.
- Density: the Census land area of 9.2 sq mi holds about 1,305 people per square mile.
- Land area rank: Martinsville's 9.2 square miles rank 67th of 565 places in Indiana.
- Water area: Martinsville has 0.11 square miles of water, ranking 70th of 565 places in Indiana.
- State share: roughly 0.3% of Indiana's residents live in Martinsville (11,946 people).
- National rank: Martinsville sits 2,784th by population among the 19,457 places in this dataset.
- Growth in Indiana: Martinsville stands 285th by percentage change from 2020 to 2023, among 565 places.
- Against the state trend: Martinsville's 0.1% change compares with a Indiana average of +1.0% across its 565 places.
- Density in Indiana: Martinsville ranks 310th by people per square mile.
- Density in context: Martinsville's 1,305 people per square mile sit against a Indiana median of 1,375.
- Location: the Census Gazetteer records it at 39.4147, -86.4317.
- Nearest larger cities: Bloomington (18 mi); Plainfield (20 mi); Franklin (21 mi); Greenwood (22 mi); Avon (24 mi). Online lenders reach Martinsville no matter how far the nearest branch is.
- Smaller towns nearby: Paragon (7 mi); Bethany (9 mi); Brooklyn (10 mi).
- Smaller neighbours: 88 places smaller than Martinsville sit within 50 miles.
- At 100 miles: 51 larger Census places fall inside that radius.
The state rulebook for Martinsville
For the roughly 11,946 residents of Martinsville, the rules below are Indiana's own; each row carries its publisher and retrieval date.
| 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 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 |
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Indiana Code IC 24-4.5-3-508 sets tiered maximum loan finance charges for supervised loans; the official code site renders client-side and the figure could not be confirmed from a fetched page, so no figure is asserted. | Indiana General Assembly (Indiana Code) as of 2026-09-16 |
A pre-application checklist for Martinsville
Complete these steps first when you borrow in Martinsville (11,946 residents):
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Get several pre-qualifications and compare APR side by side before choosing.
- Look the lender up in the Indiana regulator's licence records before you sign.
- Look for an origination fee or prepayment penalty in the written disclosure.
- Check that the monthly payment fits your budget next to your existing obligations.
- Weigh a shorter term's higher payment against the interest it saves.
What differs between Martinsville and the rest of Indiana is not the process but the borrower's own file, among the 11,946 people here.
Martinsville: area, density and distance
The Census Gazetteer records 9.2 square miles of land and 0.11 square miles of water within Martinsville. The resulting density is about 1,305 people per square mile. For the state's biggest city, Fort Wayne, the distance is roughly 134 miles. Martinsville has 23 larger places within a 50-mile radius. Within the same 50 miles lie 88 smaller Census places.
Martinsville's place among Indiana's 565 places
Among Indiana's 565 places, Martinsville sits at 72nd for population, a share of roughly 0.3% of the state. For population change between 2020 and 2023, Martinsville ranks 285th of 565 in Indiana (about the 50th percentile). By density, at about 1,305 people per square mile, it ranks 310th in Indiana. By land area, its 9.2 square miles rank 67th of 565 places in Indiana.
Borrowing reach in Martinsville
With about 1,305 residents per square mile, Martinsville is moderately settled, and 23 larger Census places sit within 50 miles. Lenders licensed in Indiana reach Martinsville's 11,946 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Bloomington, IN about 18 miles away.
Common questions
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Nearby places
- Bethany, IN — population 95
- Paragon, IN — population 565
- Brooklyn, IN — population 2,580
- Monrovia, IN — population 2,208
- Morgantown, IN — population 1,003
- Mooresville, IN — population 9,859
- Gosport, IN — population 847
- Stinesville, IN — population 202