Personal loans in Wixom, MI
Wixom is home to roughly 17,134 people and stands 58th by size out of 533 Census places in Michigan. The roughly 17,134 people who live in Wixom borrow under Michigan rules; city hall sets no personal-loan rate.
Wixom shed about 0.3% of its population between the 2020 base and the 2023 estimate. If debt is already a strain, a nonprofit credit counsellor can help Wixom residents before they take on more. Rate ceilings, licensing requirements and product limits for Wixom are all set at the Michigan level. The closest larger city is Novi, MI about 4 miles away.
Wixom: population, trend and location
What follows is Wixom's place in the Census record, alongside the Michigan rules that govern a personal loan made here.
- Population: 17,134 people, a figure that places Wixom 58th among the 533 Census places in Michigan (US Census Bureau, Vintage 2023).
- Population trend: About 0.3% below the 2020 Census base.
- Net change: roughly 60 fewer people than the 2020 Census counted.
- Size percentile: about 89% of Michigan's Census places are smaller than Wixom.
- Population density: about 1,875 people per square mile across 9.1 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Wixom covers 9.1 square miles, the 45th-largest area among Michigan's 533 places.
- Water: Wixom holds about 0.22 square miles, the 106th-largest water area in Michigan.
- Within Michigan: about 0.3% of the state's population lives in Wixom.
- National rank: Wixom is the 2,137th most populous of the 19,457 Census places covered here.
- Growth rank: Wixom ranks 242nd among Michigan's 533 places for the 2020-to-2023 change.
- Against the state trend: Wixom's 0.3% change compares with a Michigan average of -0.3% across its 533 places.
- Density in Michigan: Wixom ranks 137th by people per square mile.
- Against the state median: Wixom runs about 1,875 residents per square mile, where the Michigan median is 1,078.
- Location: mapped by the US Census Bureau at 42.5228, -83.5302.
- Nearest larger cities: Novi (4 mi); Farmington Hills (8 mi); Livonia (12 mi); Southfield (14 mi); Pontiac (15 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Nearest smaller towns: Walled Lake (3 mi); Wolverine Lake (3 mi); Milford (6 mi) — useful context for the surrounding area.
- Smaller neighbours: 116 places smaller than Wixom sit within 50 miles.
- Within 100 miles: 54 places are larger than Wixom.
Borrowing reach in Wixom
Wixom is a moderately settled community of about 17,134 people, with 38 larger places inside a 50-mile radius. Distance to a branch rarely matters for Wixom's 17,134 residents: the application is online and the price follows your credit file. The nearest bigger place is Novi, MI about 4 miles away.
How Michigan law applies in Wixom
For the roughly 17,134 residents of Wixom, the rules below are Michigan's own; each row carries its publisher and retrieval date.
| 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 |
| Regulated lender interest/finance charge cap | 25% per annum (Credit Reform Act, MCL 445.1854(1)) Source says: "may charge, collect, and receive any rate of interest or finance charge for an extension of credit not to exceed 25% per annum" | 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 |
Land, water and location for Wixom
Wixom covers about 9.1 square miles of land, with 0.22 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 1,875 residents per square mile. The largest place in Michigan, Detroit, lies about 24 miles away. Counting outward 50 miles, 38 larger communities surround Wixom. By land area it ranks 45th of 533 Michigan places.
Wixom in state context
Against Michigan's other places, Wixom accounts for about 0.3% of the state's population and ranks 58th of 533 by size. For population change between 2020 and 2023, Wixom ranks 242nd of 533 in Michigan (about the 55th percentile). By density, at about 1,875 people per square mile, it ranks 137th in Michigan. By land area, its 9.1 square miles rank 45th of 533 places in Michigan.
What a Wixom borrower is actually offered
Wixom is a small town of about 17,134 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Wixom. A longer term lowers the monthly payment on a Wixom loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Wolverine Lake, MI — population 4,436
- Walled Lake, MI — population 7,297
- Novi, MI — population 66,314
- Northville, MI — population 5,982
- Milford, MI — population 6,419
- South Lyon, MI — population 11,941
- Farmington Hills, MI — population 82,528
- Farmington, MI — population 11,391