Everything You Should Know Before Moving to Paragon, IN
Considering a move to Paragon, IN? This small town of about 650 residents offers affordable living, with median home prices around $160,000 and average rents at $820. Commute times average 28 minutes, and the town boasts a low violent crime rate (100 per 100K). Paragon features a friendly, close-knit community, a local elementary school, and easy access to healthcare and higher education in nearby cities. Enjoy four distinct seasons and a relaxed pace of life in this charming Indiana town.
Demographics - Paragon, IN
Demographics - Paragon, IN
Paragon, Indiana is a small and close-knit community of about 650 residents, with a median age of 38.6. The town is predominantly White (96.5%), and the gender ratio is balanced, creating a friendly and welcoming atmosphere for newcomers.
Population:
650
Density:
1,150 per sq mi
Median Age:
38.6
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.4%
Ethnic Composition
White:
96.5%
Black:
0.8%
Asian:
0.5%
Others:
2.2%
Cost Of Living
What is the average cost of living in Paragon, IN?
Living in Paragon is budget-friendly, with a cost of living index of 85.2—well below the national average. Median home values are around $160,000, and typical rents are $820, making it attractive for both homebuyers and renters.
Median House Value:
$160,000
Gross Rent:
$820
Monthly Electricity Charges:
$115
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$340
State Taxes:
Low:
3.23%
|
High:
3.23%
Cost Of Living Index:
85.2
Grocery:
92.4
Housing:
69.5
Utilities:
97.3
Transportation:
93.7
Health Care:
91.6
Miscellaneous:
89.2
Crime
Is Paragon, IN a safe place to live?
Paragon has a low violent crime rate of 100 incidents per 100,000 residents and a property crime rate of 1,050 per 100,000, offering a safe environment with just a 1 in 1,000 chance of being affected by violent crime.
Violent Crimes Per 100k:
100
Property Crimes Per 100k:
1,050
Crime Index:
1,150
Chance Of Violent Crime:
1 in 1,000
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Paragon, IN year-round?
Residents enjoy four distinct seasons, with warm summers reaching up to 85°F and winters dipping to 19°F. The area receives about 43 inches of rainfall annually and has sunshine about 55% of the year, making for a pleasant Midwest climate.
Winter
Min:
19°F
Max:
37°F
Spring
Min:
42°F
Max:
68°F
Summer
Min:
64°F
Max:
85°F
Fall
Min:
45°F
Max:
69°F
Average Rainfall Inches:
43.2 inches
Sunny Days Percentage:
55%
Neighbors
Households in Paragon typically earn a median income of $52,000, and the community has a low unemployment rate of 3.7%. Most residents commute about 28 minutes to work, and the area maintains a small-town feel with low public transit use.
Median Income:
$29,000
Household Income:
$52,000
Family Income:
$59,000
Per Capita Income:
$24,500
Income Male:
$39,000
Income Female:
$32,000
Poverty Rate:
13.8%
Non English Speakers:
2.4%
Rent:
$820
Unemployment Rate:
3.7%
Public Transport Usage:
0.2%
Commute Time:
28.2 minutes
Education
High School or Higher:
87.3%
Bachelors or More:
11.2%
Education
How are the schools in Paragon, IN?
Paragon is home to a well-rated elementary school and benefits from proximity to major higher education institutions like Indiana University Bloomington, located just over 20 miles away. Local students enjoy small class sizes and easy access to college opportunities.
Public Schools
Name:
Paragon Elementary School
Street:
520 N Main St
Phone:
765-537-2276
Students:
220
Student Teacher Ratio:
15.5
Colleges
Name:
Indiana University Bloomington
City:
Bloomington
State:
IN
Distance:
24 miles
Students:
45,000
Name:
Ivy Tech Community College Bloomington
City:
Bloomington
State:
IN
Distance:
25 miles
Students:
6,500
Healthcare
Paragon offers convenient access to quality healthcare, including IU Health Morgan hospital in nearby Martinsville and a strong health insurance coverage rate of 91.7%. The town has about two physicians per 1,000 residents, ensuring adequate medical support.
Major Hospitals
Name:
IU Health Morgan
Address:
2209 John R Wooden Dr, Martinsville, IN 46151
Phone:
(765) 349-6500
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.0
Health Insurance Coverage:
91.7%
Health Care Index:
77.9
Housing Market
What is the housing market like in Paragon, IN?
The local housing market is stable, with median home prices at $160,000 and approximately 71% of homes owner-occupied. Home values have appreciated by nearly 5% over the past year, and rental options remain accessible and affordable.
Median Home Price:
$160,000
Average Rent For 2 Bedroom:
$820
Owner Occupied Rate:
71.3%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
0.8%
Foreclosure Rate:
0.7%
DMV Information
Paragon residents are served by the Indiana Bureau of Motor Vehicles, which provides a full range of driver and vehicle services through its Indianapolis office and online portal.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 N Senate Ave, Indianapolis, IN 46204
Phone:
1-888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.