Tukwila at a glance
- Population: 21,135, the 53rd-largest community in Washington out of 281 (US Census Bureau, Vintage 2023).
- 2020 Census base: 21,787 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 3.0% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Washington places: 53rd-largest of 281 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 81% of Washington places in population terms (US Census Bureau).
- Coordinates: mapped at 47.4763, -122.2757 by the US Census Bureau Gazetteer.
- Nearest larger cities: SeaTac, WA (3 mi); Burien, WA (3 mi); Renton, WA (4 mi); Des Moines, WA (6 mi); Mercer Island, WA (6 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Normandy Park, WA (4 mi); Newcastle, WA (6 mi); Beaux Arts Village, WA (8 mi) — US Census Bureau populations.
What a personal loan costs in Tukwila
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Washington lending rules that apply in Tukwila
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer Loan Company license required (Consumer Loan Act, RCW 31.04.035) Source says: No person may engage in any activity subject to this chapter without first obtaining and maintaining a license in accordance with this chapter. | Washington State Legislature (RCW) as of 2026-09-16 |
| State lending regulator | Washington State Department of Financial Institutions (DFI) Source says: DFI licenses and regulates financial institutions and service providers in Washington. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum, or four points above the Federal Reserve bill rate, whichever is higher (RCW 19.52.020) Source says: any rate of interest shall be legal so long as the rate of interest does not exceed the higher of: (a) Twelve percent per annum | Washington State Legislature (RCW) as of 2026-09-16 |
| Payday lending status | Licensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45) Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
How to compare offers in Tukwila
The steps below are worth completing first when you borrow in Tukwila:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Washington using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.