Living in Paragon, Indiana
Cost of living, income, home prices, rent and demographics of Paragon · Census data 2020–2024
Paragon has 537 residents with a median age of 45.6. The median household income is $73,750 (about the same as the Indiana median), the median home value is $104,100, the median rent is $1,019/month.
Paragon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Paragon at a glance
- Population
- 537
- Median age
- 45.6State: 38.1
- Median household income
- $73,750State: $71,957
- Median home value
- $104,100State: $218,200
- Median rent
- $1,019/moState: $1,062
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 2.1%
- Average commute
- 29 min
Is Paragon a good place to live?
Pros: Median household income about the same as the Indiana median; home values 52% lower than the state median.
Cons: An average commute of 29 minutes; unemployment of 13.5%; a poverty rate of 24.7%.
The weather is best in June to September.
Cost of living in Paragon
Housing is the biggest part of the cost of living. In Paragon the median home value is $104,100, 69% lower than the U.S. median. Renters pay a median of $1,019 per month, which is 51% of household income. Homeowners with a mortgage pay $879 a month in housing costs.
Paragon median household income
The median household income in Paragon is $73,750 and the income per person is $25,850. 24.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Paragon: homes for sale and rent
- Housing units
- 293
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 31.7%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.69
31.7% of homes are vacant most of the year, a sign that Paragon has many vacation and second homes.
Paragon demographics
- Population
- 537
- Median age
- 45.6
- Under 18
- 13.6%
- 65 and older
- 15.6%
- Households
- 200
- Foreign-born
- 0.4%
- Veterans
- 2.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Paragon ›
Education in Paragon
2.1% of adults 25 and older in Paragon have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Paragon
- Unemployment rate
- 13.5%State: 4.3%
- Average commute
- 29 minState: 24 min
- Work from home
- 5.4%
- Drive alone
- 73.2%
- Public transit
- 0%
- Walk to work
- 8.9%
- Homes with broadband
- 100%
Paragon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paragon | 537 | $73,750 | $104,100 | $1,019 |
| Browns Crossing | 658 | $143,750 | — | $1,326 |
| Gosport | 1,303 | $59,886 | $108,300 | $898 |
| Martinsville | 11,933 | $60,177 | $163,400 | $983 |
| Stinesville | 297 | $64,464 | $129,400 | $642 |
| Foxcliff Estates | 1,674 | $142,070 | $488,800 | — |
| Painted Hills | 948 | $93,838 | $305,200 | — |
| Ellettsville | 6,698 | $90,213 | $243,600 | $855 |
| Spencer | 2,481 | $48,378 | $162,900 | $798 |
More for people moving to Paragon
Paragon ZIP code ›Weather and climate ›Living in Paragon: FAQ
What is the median household income in Paragon, IN?
The median household income in Paragon is $73,750, about the same as the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Paragon?
The median home value in Paragon is $104,100, compared with $218,200 in Indiana.
How much is rent in Paragon?
The median gross rent in Paragon is $1,019 per month, about 51% of household income.
Is Paragon, IN a good place to live?
Pluses: median household income about the same as the Indiana median; home values 52% lower than the state median. Minuses: an average commute of 29 minutes; unemployment of 13.5%; a poverty rate of 24.7%.
What is the median age in Paragon?
The median age in Paragon is 45.6 years (Indiana: 38.1).
How long is the commute in Paragon?
The average commute to work in Paragon is 29 minutes; 5.4% of workers work from home.
What is the unemployment rate in Paragon?
The unemployment rate in Paragon is 13.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paragon?
2.1% of adults in Paragon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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