HomeIndianaMorgan CountyParagon
Paragon, Indiana: commercial real estate data.
Paragon is a Census town of 537 people across 0.28 square miles of land, in Morgan County. Median household income is $73,750, 84.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Paragon
What Paragon is
- Census place typetown
- Land area0.28 sq mi
- Water area0 sq mi
- Population per square mile of land1,952 plus or minus 811
- County holding the largest share of its areaMorgan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paragon
How many people live in Paragon
- Population537 plus or minus 223
- Median age45.6 plus or minus 10.9
- Population under 1873 plus or minus 43
- Share under 1813.6 percent plus or minus 5.8
- Population 65 and over84 plus or minus 35
- Share 65 and over15.6 percent
- Households200 plus or minus 70
- Family households129 plus or minus 54
- Share of households that are families64.5 percent plus or minus 14.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paragon
Income and work in Paragon
- Median household income$73,750 plus or minus $34,735
- Per capita income$25,850 plus or minus $7,189
- Civilian labor force267 plus or minus 113
- Employed231 plus or minus 104
- Unemployed36 plus or minus 30
- Unemployment rate13.5 percent plus or minus 9.7
- Adults 25 and over374 plus or minus 140
- Adults 25 and over with a high school diploma or higher78.1 percent plus or minus 37.2
- Adults 25 and over with a bachelor degree or higher2.1 percent plus or minus 4.0
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paragon
Housing in Paragon
- Housing units293 plus or minus 97
- Occupied units200 plus or minus 70
- Vacant units93 plus or minus 65
- Vacancy rate31.7 percent plus or minus 19.5
- Owner occupied169 plus or minus 65
- Renter occupied31 plus or minus 27
- Ownership rate84.5 percent
- Median owner-occupied home value$104,100 plus or minus $26,318
- Median gross rent, monthly$1,019
- Annual rent as a share of median income16.6 percent plus or minus 8.1
- Single family units210 plus or minus 81
- Share single family71.7 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes83 plus or minus 41
- Median year structure built1951
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paragon
How Paragon gets to work
- Workers 16 and over who commute212 plus or minus 102
- Commuting under 15 minutes77 plus or minus 39
- Share commuting under 15 minutes36.3 percent
- Commuting 30 minutes or more95 plus or minus 52
- Share commuting 30 minutes or more44.8 percent plus or minus 12.1
- Drove alone73.2 percent plus or minus 26.1
- Carpooled12.5 percent plus or minus 5.6
- Public transport0.0 percent
- Walked8.9 percent plus or minus 6.4
- Worked from home5.4 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paragon
SBA loans in Paragon (7(a))
- Approvals2
- Gross approval$1,444,500
- Average approval$722,250
- Median approval$722,250
- Largest approval$1,094,500
- Jobs supported94
- Jobs per approval47.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Paragon, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Paragon
Flood risk in Paragon
- NFIP communityTown of Paragon
- NFIP community number180338
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/02/14
The Town of Paragon participates in the National Flood Insurance Program as community 180338 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Morgan County, not Paragon
Morgan County context, not Paragon figures
- Establishments in Morgan County1,248
- Covered employment, Morgan County15,502
- Average annual pay, Morgan County$49,967
- Housing units permitted, Morgan County330
Every figure in this section is published for Morgan County as a whole and is not a measurement of Paragon.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Paragon questions, answered from the record.
How many people live in Paragon, Indiana?
537, in 200 households. Paragon town covers 0.28 square miles of land, which is 1,952 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Paragon in?
Morgan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Paragon?
$73,750. The median owner-occupied home is valued at $104,100. Median gross rent is $1,019 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Paragon businesses?
2 7(a) approvals totaling $1.4 m since FY2020, across 1 lenders, median approval $722,250. These count approvals to borrowers whose address is in Paragon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Paragon borrowers get paid back?
No rate is published for Paragon. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Paragon in the National Flood Insurance Program?
Yes. Paragon appears in the FEMA Community Status Book as Paragon, town of, community 180338, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Paragon figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morgan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Paragon.
Is zoning published for Paragon?
No. Nothing on this page presents parcel level zoning.