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.

    Population & Diversity

    Speed, NC is home to a population of 64 people, from which 100% are citizens.

    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.

    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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    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
      228,441 ± 11,609 people
    2. India
      90,815 ± 7,367 people
    3. Honduras
      52,061 ± 5,588 people

    In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

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    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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    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.

    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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    Economy

    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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    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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    Civics

    In the 2024 presidential election, the popular vote in North Carolina went to Donald J. Trump with 50.9% of the vote. The runner-up was Kamala Harris (47.6%), followed by Other (0.675%).

    Thom Tillis and Ted Budd are the senators currently representing the state of North Carolina. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    North Carolina is currently represented by 14 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    US Senators from North Carolina

    Senatorial voting results are only available at the state level. Showing data for North Carolina.
    Thom Tillis
    Senator from North Carolina2
    Assumed office on January 3, 2015
    Ted Budd
    Senator from North Carolina3
    Assumed office on January 3, 2023

    Thom Tillis and Ted Budd are the senators currently representing North Carolina.

    In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    The following chart shows elected senators in North Carolina over time, excluding special elections, colored by their political party.

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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.

    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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    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 $75k - $100k range.

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    Wage Distribution

    The closest comparable wage GINI for Speed, NC is from North Carolina.
    0.466
    2024 Wage GINI in North Carolina
    0.467
    2023 Wage GINI in North Carolina

    In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. 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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    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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