Speed, NC

Census Place

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2023 Population

37.3% 1-year growth

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2023 Median Age

61.8

7.9% 1-year decrease

2023 Median Property Value

$75,400

6.8% 1-year growth

2023 Employed Population

70.4% 1-year growth

About

In 2023, Speed, NC had a population of 81 people with a median age of 61.8 and a median household income of N/A. Between 2022 and 2023 the population of Speed, NC grew from 59 to 81, a 37.3% increase and its median household income N/A from N/A to N/A, a N/A% N/A.

The 5 largest ethnic groups in Speed, NC are Black or African American (Non-Hispanic) (59.3%), White (Non-Hispanic) (34.6%), Other (Non-Hispanic) (6.17%), White (Hispanic) (0%), and Black or African American (Hispanic) (0%).

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 76.1%.

Most people in Speed, NC drove alone to work, and the average commute time was 19.7 minutes. The average car ownership in Speed, NC was 3 cars per household.

United States North Carolina Edgecombe County, NC Rocky Mount, NC Nash & Edgecombe Counties--Rocky Mount City PUMA, NC

Population & Diversity

Speed, NC is home to a population of 81 people, from which 100% are citizens. As of 2023, 0% of Speed, NC residents were born outside of the country (0 people).

In 2023, there were 1.71 times more Black or African American (Non-Hispanic) residents (48 people) in Speed, NC than any other race or ethnicity. There were 28 White (Non-Hispanic) and 5 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2023 Citizenship

100%

2022 Citizenship

As of 2023, 100% of Speed, NC residents were US citizens, which is higher than the national average of 93.4%. In 2022, 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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Speed, NC

Black or African American (Non-Hispanic)
48 ± 42
White (Non-Hispanic)
28 ± 28
Other (Non-Hispanic)
5 ± 11

The following chart shows the 7 races represented in Speed, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
214,508 ± 11,254 people
India
79,868 ± 6,912 people
Honduras
39,759 ± 4,886 people

In 2022, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 214,508 North Carolina residents, followed by India with 79,868 and Honduras with 39,759.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
3 ± 15
Vietnam
3 ± 21
Gulf War (2001-)
0 ± 24

Speed, NC has a large population of military personnel who served in Gulf War (1990s), 1 times greater than any other conflict.

Economy

The economy of Speed, NC employs 46 people. The largest industries in Speed, NC are Retail Trade (12 people), Health Care & Social Assistance (7 people), and Construction (6 people), and the highest paying industries are Total ($40,833) and Retail Trade ($20,000).

Males in North Carolina have an average income that is 1.31 times higher than the average income of females, which is $57,464. The income inequality in North Carolina (measured using the Gini index) is 0.47, which is lower than than the national average.

Employment

Occupations

2023 Value

± 91

70.4%

1 Year growth

± 231%

From 2022 to 2023, employment in Speed, NC grew at a rate of 70.4%, from 27 employees to 46 employees.

The most common job groups, by number of people living in Speed, NC, are Material Moving Occupations (8 people), Health Technologists & Technicians (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.

Unemployment Insurance Claims

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

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

2023 Value

± 91

70.4%

1 Year growth

± 231%

From 2022 to 2023, employment in Speed, NC grew at a rate of 70.4%, from 27 employees to 46 employees.

The most common employment sectors for those who live in Speed, NC, are Retail Trade (12 people), Health Care & Social Assistance (7 people), and Construction (6 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.

Median Earnings by Industry

$52,188

Median earning men ± $28,068

$21,250

Median earning women ± $50,977

The industries with the best median earnings for men in 2023 are .

The industries with the best median earnings for women in 2023 are Retail Trade ($20,000).

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.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

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

Measure

In 2022, 0.944% of men over 25 years of age had not completed any academic degree (no schooling), while 0.805% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (2.16M), Some college (1.84M), and Bachelors Degree (1.63M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Speed, NC was $75,400 in 2023, which is 0.249 times smaller than the national average of $303,400. 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 76.1%, which is approximately the same as the national average of 65%.

People in Speed, NC have an average commute time of 19.7 minutes, and they drove alone to work. Car ownership in Speed, NC is higher than the national average, with an average of 3 cars per household.

Housing

Property

$75,400

Median Property Value 2023

±$23,732

$35

Median Property Taxes

±$50

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.

Rent vs Own

76.1%

Homeownership

2023

71.9%

Homeowners with Mortgage

2023

In 2023, 76.1% of the housing units in Speed, NC were occupied by their owner. This percentage declined from the previous year's rate of 100%.

This chart shows the percentage of owner in Speed, NC compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Speed, NC colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

N/A

Median Household Income

± N/A

Number of Households

± 47

In N/A, the median household income of the 46 households in Speed, NC N/A N/A from the previous year's value of N/A.

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.

Wage Distribution

The closest comparable wage GINI for Speed, NC is from North Carolina.

0.47

2022 Wage GINI in North Carolina

0.47

2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (79.5%)
Worked At Home (20.5%)
Carpooled (0%)

In 2023, 79.5% of workers in Speed, NC drove alone to work, followed by those who worked at home (20.5%) 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.

Commute Time

19.7 minutes

Average Travel Time

Using averages, employees in Speed, NC have a shorter commute time (19.7 minutes) than the normal US worker (26.6 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.

Car Ownership

3 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 3 cars.

Poverty

Poverty & Diversity

0% of the population for whom poverty status is determined in Speed, NC (0 out of 81 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males < 5, followed by Females < 5 and then Males 5.

The most common racial or ethnic group living below the poverty line in Speed, NC is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

96.3% of the population of Speed, NC has health coverage, with 46.9% on employee plans, 11.1% on Medicaid, 32.1% on Medicare, 6.17% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Edgecombe County, NC see 2990 patients per year on average, which represents a 1.25% decrease from the previous year (3028 patients). Compare this to dentists who see 3720 patients per year, and mental health providers who see 1422 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Edgecombe County, NC.

2,990 to 1

Patient to Primary Care Physician Ratio in Edgecombe County, NC

Primary care physicians in Edgecombe County, NC see an average of 2,990 patients per year. This represents a 1.25% decrease from the previous year (3,028 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Edgecombe County, NC in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 4.94% under 18 years, 8.64% between 18 and 34 years, 37% between 35 and 64 years, and 49.4% over 64 years.

By gender, of the total number of insured persons, 46.1% were men and 53.9% were women.

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

Uninsured People

3.7%

Uninsured

46.9%

Employer Coverage

11.1%

Medicaid

32.1%

Medicare

6.17%

Non-Group

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Speed, NC declined by 27.2% from 5.08% to 3.7%.

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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