Speed, NC

Census Place

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2024 Population
64
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
59.3
4.05% 1-year decrease
2021 Median Household Income
$27,500
27.5% 1-year growth
2023 Median Property Value
$75,400
6.8% 1-year growth
2024 Employed Population
41
10.9% 1-year decline

About

None of the households in Speed, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Speed, NC are U.S. citizens.

In 2023, the median property value in Speed, NC was $75,400, and the homeownership rate was 67.6%.

Most people in Speed, NC drove alone to work, and the average commute time was 19.8 minutes. The average car ownership in Speed, NC was 2 cars per household.

United StatesNorth CarolinaEdgecombe County, NCRocky Mount, NCNash & Edgecombe Counties--Rocky Mount City PUMA, NC

Population & Diversity

Speed, NC is home to a population of 64 people, from which 100% are citizens. As of 2024, 0% of Speed, NC residents were born outside of the country (0 people).

In 2024, there were 1.38 times more Black or African American (Non-Hispanic) residents (33 people) in Speed, NC than any other race or ethnicity. There were 24 White (Non-Hispanic) and 7 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Speed, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Speed, NC was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Speed, NC compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Speed, NC
  1. Black or African American (Non-Hispanic)
    33 ± 40
  2. White (Non-Hispanic)
    24 ± 28
  3. Other (Non-Hispanic)
    7 ± 11

In 2024, there were 1.38 times more Black or African American (Non-Hispanic) residents (33 people) in Speed, NC than any other race or ethnicity. There were 24 White (Non-Hispanic) and 7 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Speed, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    5 ± 21
  2. Vietnam
    3 ± 21

Speed, NC has a large population of military personnel who served in Gulf War (2001-), 1.67 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Speed, NC.

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Economy

Employment

Occupations

41
2024 Value
± 95
−10.9%
1 Year decline
± 342%

From 2023 to 2024, employment in Speed, NC declined at a rate of −10.9%, from 46 employees to 41 employees.

The most common job groups, by number of people living in Speed, NC, are Health Technologists & Technicians (16 people), Computer & Mathematical Occupations (7 people), and Business & Financial Operations Occupations (6 people). This chart illustrates the share breakdown of the primary jobs held by residents of Speed, NC.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

41
2024 Value
± 95
−10.9%
1 Year decline
± 342%

From 2023 to 2024, employment in Speed, NC declined at a rate of −10.9%, from 46 employees to 41 employees.

The most common employment sectors for those who live in Speed, NC, are Health Care & Social Assistance (16 people), Retail Trade (7 people), and Information (7 people). This chart shows the share breakdown of the primary industries for residents of Speed, NC, though some of these residents may live in Speed, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Housing & Living

The median property value in Speed, NC was $75,400 in 2023, which is 0.227 times smaller than the national average of $332,700. Between 2022 and 2023 the median property value increased from $70,600 to $75,400, a 6.8% increase. The homeownership rate in Speed, NC is 67.6%, which is higher than the national average of 65.2%.

People in Speed, NC have an average commute time of 19.8 minutes, and they drove alone to work. Car ownership in Speed, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$75,400
Median Property Value 2023
±$23,732
$23
Median Property Taxes
±$48

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Speed, NC the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Speed, NC compared to it's parent and neighbor geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$27,500
Median Household Income
± $18,729
34
Number of Households
± 52

In 2021, the median household income of the 34 households in Speed, NC grew to $27,500 from the previous year's value of $21,563.

The following chart displays the households in Speed, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $10k - $15k range.

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Wage Distribution

The closest comparable wage GINI for Speed, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (82.1%)
  2. Worked At Home (17.9%)

In 2024, 82.1% of workers in Speed, NC drove alone to work, followed by those who worked at home (17.9%) and those who carpooled to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

19.8 minutes
Average Travel Time

Using averages, employees in Speed, NC have a shorter commute time (19.8 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Speed, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Speed, NC compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Speed, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Speed, NC have 2 cars.

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Poverty

Health

95.3% of the population of Speed, NC has health coverage, with 53.1% on employee plans, 9.38% on Medicaid, 26.6% on Medicare, 6.25% on non-group plans, and 0% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 50% were men and 50% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 7.81% under 18 years, 17.2% between 18 and 34 years, 32.8% between 35 and 64 years, and 42.2% over 64 years.

By gender, of the total number of insured persons, 50% were men and 50% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.69%
Uninsured
53.1%
Employer Coverage
9.38%
Medicaid
26.6%
Medicare
6.25%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Speed, NC grew by 26.6% from 3.7% to 4.69%.

The following chart shows how the percent of uninsured individuals in Speed, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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