Paragon, IN

View of Paragon, IN
Image credit: Chris Flook / CC BY-SA 4.0
Population
584
U.S. Census Population Estimates Program · 2025
Elevation
580 ft
Median Home Value
$104,100
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,019/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$73,750
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Paragon

Paragon is a quiet, rural town in Morgan County, situated along State Road 67 about eight miles south of Martinsville and sixteen miles north of Spencer. Tucked between rolling farm fields, thick woods, and the White River, it offers a slow-paced country lifestyle with convenient highway access to larger nearby hubs. It is the kind of small crossroads community where neighbors know each other and the surrounding landscape provides plenty of breathing room.

The town is best known across the region for Paragon Speedway, a beloved dirt track that has drawn crowds for Saturday night racing since 1954. Community tradition runs deep here, highlighted by the annual Labor Day Homecoming festival that has brought families and neighbors together for over a century. Outdoor lovers also have easy access to nature close to home, with hiking trails and wetlands at Burkhart Creek Park, quiet acreage in Ravinia State Forest, and scenic river access just down the road.

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