The Indianapolis Motor Speedway and Lucas Oil Indianapolis Raceway Park are a short drive away, but hardcore racing fans love coming the other way to see tomorrow’s top drivers compete at Paragon Speedway. This small community located along State Route 67 is the kind of place kids can explore without worrying their parents. Check out their website.
As of 2025 the population of Paragon, IN is 554. The population is expected to grow to 556 by 2030 - a growth rate of 0.07%.
The median age of Paragon, IN residents is 39.
The diversity index of Paragon, IN is 12.3, meaning that there is a 12% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Paragon, IN is $58,551 and projected to be $62,273 in 2030. Per capita income is $22,089, projected to be $23,632 in 2030. 0% of households – 0 – have an income of $200,000 or higher. Average net worth is $277,972 and the average disposable income is $44,812.
There are 241 housing units in Paragon, IN; 150 are owner-occupied, 59 are rented, and 32 are vacant. The average home value is $138,867, with 47 homes built in 2010 or later, and 153 built in 1939 or earlier.
There are 19 businesses in Paragon, IN, employing 166 workers and pulling from a labor force of 253 age 16 and above. 97 workers commute into Paragon, IN from outside the county or state. Key industries for the area include:
156 residents both live and work in/around Paragon, IN. The average travel time is 27.1 minutes. 1.28% people have a commute of less than 5 minutes while 2.56% commute 90 minutes or more each way. Of commuters, 196 drive alone, 24 carpool, and 0 take public transportation. 23 use other modes of transport such as motorcycle, bicycle, walking, etc. 10 residents work from home.
186 members of the workforce hold a high school diploma or GED. 47 have associates degrees, 29 have bachelor’s degrees, and 0 hold a graduate or professional degree.
