Paranormal beliefs are prevalent in the general population and this study explores the individual differences between believers and non-believers. We ask if paranormal beliefs are associated with psychological ill-health, or if they are evident in the general population. We test the hypothesis that there is a relationship between religious beliefs and paranormal beliefs and we investigate the four theoretical approaches to explaining these beliefs and their associated individual differences. To investigate these questions we gathered data from 184 adults from the general population using the Revised Paranormal Belief Scale (R-PBS), the Big Five Inventory (BFI), the Self-report Emotional Intelligence Test (SREIT), the Oxford-Liverpool Inventory of Feelings and Experiences (O-LIFE, short version). Demographic information was also gathered to form a social marginality index. A Pearson’s correlation revealed that belief in the paranormal is related to religiosity. A multiple regression model showed that unusual experiences and social marginality were the best predictors of paranormal beliefs. We conclude that paranormal beliefs are found in the general population and are not related to psychological ill-health.