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The total population of Paragon is estimated to be 541 with 286 males (52.87%) and 255 females (47.13%). There are 31 less females than males in Paragon.
The median household income in Paragon was $50,443 in 2021, which marked an an increase of 2,915(6.13%) from $47,528 in 2020. This income is 67.61% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paragon sees its highest median household income among householders in the age group of 45 to 64 years old, at $75,394. Overall, the median household income for the town of Paragon stands at $50,443.
In Paragon, the median income for all workers aged 15 years and older, regardless of work hours, was $37,720 for males and $18,105 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,343 for males and $33,628 for females.
In Paragon, population is primarily represented by White households, reporting a median income of $56,973.
In 2022, the population of Paragon was 560, a 0.53% decrease year-by-year from 2021. Previously, in 2021, Paragon's population was 563, an increase of 0.90% compared to a population of 558 in 2020.
The median age in Paragon, IN is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 15.01% were under the age of 15, 25.48% aged 15 to 29, 46.07% aged 30 to 64, 13.09% aged 65 to 84, and 0.35% were 85 years of age and older.
Racial distribution of Paragon population: 96.68% are White and 3.32% are multiracial.