Paragon town, Indiana Demographics & Population 2026

Population Overview

Paragon town is a small community located in Indiana. The total population is 564. It ranks as the 482nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Paragon town is 42.8 years. This is 13% higher than the state median of 38.0 years.

Economy, Income & Housing

The poverty rate stands at 21.2%. This is 74% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 13.0%. This is 203% higher than the state rate of 4.3%. The median home value is $90,700. Housing costs are 55% lower than the state median of $201,600. 73.6% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 70.3%.

Race & Ethnicity

Paragon town has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents. Hispanic or Latino residents account for 0.9%. The Hispanic or Latino population (0.9%) is well below the state average of 8.4%.

Education

2.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 93% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.5%.

Data Sources & Methodology

All demographic data for Paragon town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.