HomeIndianaMorgan CountyParagon town
Paragon town, Indiana: commercial real estate data.
Paragon town 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.
66 sourced place values · tier FULL · 7 sections · 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$1,094,500
- Ninetieth percentile approval$1,094,500
- 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morgan County, not Paragon
Morgan County context, not Paragon figures
These are Morgan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Paragon measurements.
- Establishments in Morgan County1,248
- Employment at those establishments, Morgan County13,063
- Covered employment, Morgan County15,502
- Average annual pay, Morgan County$49,967
- Average weekly wage, Morgan County$961
- Housing units permitted, Morgan County330
- Of those, single family, Morgan County328
- County product, 2024, Morgan County$3,059,405,000
- County product change over the prior year, Morgan County20.3 percent
- Average income of an arriving household, Morgan County$63,341
Every figure in this section is published for Morgan County as a whole and is not a measurement of Paragon. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $1.4 m, across 1 lenders, median approval $1,094,500. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Paragon figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.