Paragould started when two new railroads were built in Arkansas back in 1882. It was the St. Louis and Iron Mountain Railroad, later known as the Missouri Pacific and the Texas and St. Louis later renamed the Cotton belt. Paragould was founded where the two railroads crossed and the town was incorporated on March 3rd, 1883. Paragould has several old houses, among others, a courthouse from 1888.
The name Paragould comes from combining the names of Jay Gould and J.W. Paramore, two railroad presidents at the time.
Paragould today has a population of 22,500 and is a manufacturing center pf the north east.