How much are property taxes in Paragon, IN?
Homeowners in Paragon, IN pay a median of $328 (±$45) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $328.
Homes without a mortgage pay a median of $328.
That is about 0.3% of the median home value of $104,100.
In Paragon, the median real estate tax went from $234 in 2015–2019 to $328 in 2020–2024 (+40.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $328 (±$45)
- With a mortgage
- $328
- Without a mortgage
- $328
- Share of median value
- 0.3%
Real estate taxes in Paragon against Morgan County, its state and the nation
| Paragon | Morgan County | Indiana | United States | |
|---|---|---|---|---|
| Median real estate taxes | $328 (±$45) | $1,174 (±$46) | $1,614 (±$9) | $3,119 |
| Homes with a mortgage | $328 (±$55) | $1,184 (±$56) | $1,698 (±$11) | $3,489 |
| Homes without a mortgage | $328 (±$82) | $1,150 (±$78) | $1,451 (±$14) | $2,576 |
| Median home value | $104,100 (±$26,318) | $237,600 (±$5,614) | $218,200 (±$739) | $332,700 |
In Paragon, the median real estate tax is lower than in Morgan County ($1,174).
It is also lower than in Indiana ($1,614).
It is lower than the national figure ($3,119).
In Morgan County, Paragon ranks 21 of 21 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 1553 of 1,563.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Paragon
The median tax ($328) is 0.3% of the median home value ($104,100).
Across Morgan County the same ratio is 0.5%.
Across Indiana it is 0.7%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Paragon have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $234 (±$72) | $328 (±$45) | +40.2% | No measurable change after inflation |
| Median home value | $72,200 (±$7,882) | $104,100 (±$26,318) | +44.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $827 (±$104) | $879 (±$78) | +6.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Paragon
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Paragon | — | $328 (±$45) | — |
| Ray Township (Morgan County) | 1.6 mi | $393 (±$158) | Not measurably different |
| Baker Township | 2.7 mi | $725 (±$565) | Not measurably different |
| Jefferson Township (Morgan County) | 4.9 mi | $1,026 (±$297) | Higher |
| Harrison Township (Owen County) | 5.9 mi | $867 (±$550) | Not measurably different |
| Wayne Township (Owen County) | 6.1 mi | $1,130 (±$315) | Higher |
| Ashland Township | 6.2 mi | $1,184 (±$246) | Higher |
| Gosport | 6.3 mi | $1,082 (±$431) | Higher |
| Martinsville | 7.1 mi | $897 (±$96) | Higher |
Nearby places with a measurably higher figure: Jefferson Township (Morgan County), IN ($1,026), Wayne Township (Owen County), IN ($1,130), Ashland Township, IN ($1,184).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Morgan County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 15 | Bethany | $843 (±$458) |
| 16 | Adams Township (Morgan County) | $797 (±$233) |
| 17 | Baker Township | $725 (±$565) |
| 18 | Morgantown | $669 (±$286) |
| 19 | Brooklyn | $476 (±$146) |
| 20 | Ray Township (Morgan County) | $393 (±$158) |
| 21 | Paragon | $328 (±$45) |
Showing 7 of 21 places in Morgan County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Paragon
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Paragon beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Paragon, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Paragon, and send estimates and invoices from your phone.
Questions about Paragon
How much are property taxes in Paragon?
The median real estate tax paid by homeowners in Paragon, IN is $328 (±$45) a year (2020–2024 American Community Survey).
What is the property tax rate in Paragon?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.3% of the median home value in Paragon, and the actual rate is set by the town, county and school district.
Have property taxes in Paragon gone up?
In Paragon, the median real estate tax went from $234 in 2015–2019 to $328 in 2020–2024 (+40.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in Paragon higher than in Morgan County?
In Paragon, the median real estate tax is lower than in Morgan County ($1,174).
It is also lower than in Indiana ($1,614).
It is lower than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Paragon town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paragon town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Paragon town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paragon town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Paragon town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Paragon town, Indiana (place:57870, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Paragon at a glance
- Income and affordability in Paragon
- Home values in Paragon
- Homeowner costs in Paragon
- Types of homes in Paragon
- Bedrooms in Paragon
- Age of homes in Paragon
- Heating fuel in Paragon
- Commute and cars in Paragon
- Indiana landlord and tenant rules
- Housing across Morgan County
- Indiana places ranked by property taxes
- Housing data for every place in Indiana