HomeTexasWise CountyParadise
Paradise, Texas: commercial real estate data.
Paradise is a Census city of 627 people across 2.09 square miles of land, in Wise County. Median household income is $82,619, 88.3 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $446,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Paradise
What Paradise is
- Census place typecity
- Land area2.09 sq mi
- Water area0 sq mi
- Population per square mile of land300 plus or minus 124
- County holding the largest share of its areaWise 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.
Paradise
How many people live in Paradise
- Population627 plus or minus 259
- Median age31.6 plus or minus 7.9
- Population under 18171 plus or minus 92
- Share under 1827.3 percent plus or minus 9.5
- Population 65 and over80 plus or minus 41
- Share 65 and over12.8 percent plus or minus 3.7
- Households214 plus or minus 75
- Family households162 plus or minus 62
- Share of households that are families75.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paradise
Income and work in Paradise
- Median household income$82,619 plus or minus $22,180
- Per capita income$31,347
- Civilian labor force341 plus or minus 151
- Employed336 plus or minus 150
- Unemployed5 plus or minus 6
- Unemployment rate1.5 percent plus or minus 1.6
- Adults 25 and over360 plus or minus 134
- Adults 25 and over with a high school diploma or higher87.8 percent plus or minus 42.3
- Adults 25 and over with a bachelor degree or higher22.2 percent plus or minus 8.6
- Adults 25 and over with a graduate degree5.3 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paradise
Housing in Paradise
- Housing units236 plus or minus 77
- Occupied units214 plus or minus 75
- Vacant units22 plus or minus 18
- Vacancy rate9.3 percent plus or minus 7.0
- Owner occupied189 plus or minus 73
- Renter occupied25 plus or minus 15
- Ownership rate88.3 percent
- Median owner-occupied home value$319,600 plus or minus $116,264
- Median gross rent, monthly$1,781 plus or minus $377
- Annual rent as a share of median income25.9 percent plus or minus 8.8
- Single family units207 plus or minus 72
- Share single family87.7 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes29 plus or minus 22
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paradise
How Paradise gets to work
- Workers 16 and over who commute265 plus or minus 129
- Commuting under 15 minutes66 plus or minus 38
- Share commuting under 15 minutes24.9 percent plus or minus 7.5
- Commuting 30 minutes or more132 plus or minus 64
- Share commuting 30 minutes or more49.8 percent
- Drove alone65.9 percent
- Carpooled16.9 percent plus or minus 12.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home15.6 percent plus or minus 8.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paradise
SBA loans in Paradise (7(a))
- Approvals4
- Gross approval$446,500
- Average approval$111,625
- Median approval$94,000
- Largest approval$253,500
- Jobs supported11
- Jobs per approval2.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Paradise, in any county, FY2020 to FY2026. Only 2 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.
Paradise
Flood risk in Paradise
- NFIP communityCity of Paradise
- NFIP community number480503
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/16/11(M)
The City of Paradise participates in the National Flood Insurance Program as community 480503 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.
Wise County, not Paradise
Wise County context, not Paradise figures
- Establishments in Wise County1,604
- Covered employment, Wise County21,209
- Average annual pay, Wise County$59,376
- Housing units permitted, Wise County463
Every figure in this section is published for Wise County as a whole and is not a measurement of Paradise.
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
Paradise questions, answered from the record.
How many people live in Paradise, Texas?
627, in 214 households. Paradise city covers 2.09 square miles of land, which is 300 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Paradise in?
Wise 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 Paradise?
$82,619. The median owner-occupied home is valued at $319,600. Median gross rent is $1,781 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Paradise businesses?
4 7(a) approvals totaling $446,500 since FY2020, across 4 lenders, median approval $94,000. These count approvals to borrowers whose address is in Paradise, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Paradise borrowers get paid back?
No rate is published for Paradise. Only 2 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 Paradise in the National Flood Insurance Program?
Yes. Paradise appears in the FEMA Community Status Book as Paradise, city of, community 480503, 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 Paradise figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wise 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 Paradise.
Is zoning published for Paradise?
No. Nothing on this page presents parcel level zoning.
Nearby