Personal loans in Parker City, IN
Which products a lender may offer to Parker City's 1,263 residents follows from the Indiana consumer-lending framework.
A personal loan in Parker City is priced from your credit file and income, not from the fact that the city holds 1,263 people. An estimated 1,263 people make their home in Parker City, a figure that ranks 271st in Indiana. The trend for Parker City between 2020 and 2023 is downward by roughly 1.2%. Verify the lender's Indiana licence against the regulator named below before borrowing in Parker City. The nearest larger metro is Albany, IN about 8 miles away.
Parker City: the sourced local profile
Read the local figures below as context; read the sourced Indiana table as the rulebook a lender here must follow.
- Population: the Census counts 1,263 residents in Parker City (Vintage 2023 subcounty estimate), the 271st-largest figure among Indiana's 565 places.
- Population trend: Down about 1.2% from the 2020 Census base to the 2023 estimate.
- People gained or lost: about 15 fewer since the 2020 base.
- Size percentile: about 52% of Indiana communities are smaller than Parker City (1,263 residents).
- Population density: 2,197 people per square mile on 0.6 square miles of land.
- Land area rank: Parker City's 0.6 square miles rank 371st of 565 places in Indiana.
- Share of state population: Parker City's 1,263 residents are about 0.0% of Indiana.
- National rank: Parker City is the 9,356th most populous of the 19,457 Census places covered here.
- Growth in Indiana: Parker City stands 466th by percentage change from 2020 to 2023, among 565 places.
- Versus Indiana: the state average change is +1.0%, while Parker City moved 1.2%.
- Density rank: Parker City is the 71st most densely settled place in Indiana.
- Density in context: Parker City's 2,197 people per square mile sit against a Indiana median of 1,375.
- Location: it lies at 40.1898, -85.2037 in the Census Gazetteer.
- Nearest larger cities: Albany (8 mi); Muncie (10 mi); Winchester (12 mi); Eaton (12 mi); Dunkirk (13 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller towns: Selma (4 mi); Farmland (4 mi); Blountsville (9 mi).
- Smaller places within 50 miles: 99 of them.
- Larger places within 100 miles: 326.
What is available to Parker City borrowers
Parker City is a fairly dense community of about 1,263 people, with 73 larger places inside a 50-mile radius. What is available to Parker City's 1,263 borrowers is set by Indiana licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Albany, IN about 8 miles away.
Parker City on the map
Parker City covers about 0.6 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 2,197 people per square mile. Fort Wayne, the largest place in Indiana, is about 62 miles from Parker City. Counting outward 50 miles, 73 larger communities surround Parker City. By land area it ranks 371st of 565 Indiana places.
How Parker City compares across Indiana
Parker City is the 271st-largest of 565 Census places in Indiana and contains about 0.0% of the state's people. For population change between 2020 and 2023, Parker City ranks 466th of 565 in Indiana (about the 18th percentile). At about 2,197 people per square mile, Parker City is the 71st most densely settled place in Indiana. The population moved by about 15 people between 2020 and 2023, a 1.2% shift.
Inside a Parker City personal loan
A Parker City personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,263 residents. The APR tracks your credit score rather than Parker City's rank of 271st in Indiana: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Parker City loan is knowable in advance — unlike a revolving card balance.
The Indiana lending rules that reach Parker City
Indiana has no separate rate rule for Parker City; the sourced rows below are what reach every lender that serves its 1,263 people.
| 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 |
| Payday lending status | Permitted under license (small loans); finance charges capped at 15% of the first $250 (tiered above) Source says: "Finance charges on the first $250 of a small loan are limited to 15% of the principal". | 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 |
Common questions
What are my options in Parker City if my credit is poor?
What loan size can I expect in Parker City?
Do I have to pledge anything to borrow in Parker City?
Does comparing loans in Parker City cost me credit score points?
Nearby places
- Selma, IN — population 740
- Farmland, IN — population 1,250
- Albany, IN — population 2,282
- Blountsville, IN — population 97
- Modoc, IN — population 160
- Redkey, IN — population 1,073
- Losantville, IN — population 217
- Dunkirk, IN — population 2,098