Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg HH Size | 2.85 |
| Below Poverty | 6.2% ▼ 38% below avg |
| College Grads | 17.9% ▼ 54% below avg |
| Unemployment | 4.1% ▼ 17% below avg |
| No HS Diploma | 8 (0.5%) |
| HS Graduate | 859 (51.2%) |
| Some College | 300 (17.9%) |
| Associates | 210 (12.5%) |
| Bachelors | 104 (6.2%) |
| Graduate Degree | 197 (11.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,528 ▲ 8% above avg |
|---|---|
| Median Home Value | $148,600 ▼ 47% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $960/mo |
| Total Housing Units | 1,168 |
| Vacant Units | 179 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Paragon is a city in Indiana, located in Morgan County. The city spans 1 ZIP code and is home to approximately 2,819 residents. It is a relatively young city, with a median age of 37.7 years.
Economically, Paragon is a middle-income community. The median household income of $82,528 is near the national average. Approximately 6.2% of residents live below the poverty line. The unemployment rate is 4.1%, below the national average.
The real estate market in Paragon is one of the more affordable housing markets in the country. Median home values stand at $148,600, which is below the national average. Renters typically pay around $960 per month. Homeownership is high at 87.4%, typical of suburban and family-oriented communities.
The population of Paragon is less-educated. 17.9% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (98.44%).
Paragon, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46166 | 2,819 | $82,528 | $148,600 | $960 | 4.1% | 17.9% | 87.4% |