Speedway, IN

Census Place

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2024 Population
13,968
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2024 Median Age
34.5
3.9% 1-year decrease
2024 Poverty Rate
17.5%
13.1% 1-year increase
2024 Median Household Income
$60,147
5.23% 1-year growth
2024 Median Property Value
$228,600
9.17% 1-year growth
2024 Employed Population
6,966
0.273% 1-year growth

About

None of the households in Speedway, IN 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.

81.3% of the residents in Speedway, IN are U.S. citizens.

The largest universities in Speedway, IN are Empire Beauty School-Speedway (115 degrees awarded in 2023).

In 2024, the median property value in Speedway, IN was $228,600, and the homeownership rate was 45.2%.

Most people in Speedway, IN drove alone to work, and the average commute time was 22 minutes. The average car ownership in Speedway, IN was 2 cars per household.

United StatesIndianaMarion County, INIndianapolis-Carmel-Anderson, INMarion County--Wayne & Decatur (Northwest) Townships & Indianapolis City (West) PUMA, IN

Population & Diversity

Speedway, IN is home to a population of 14k people, from which 81.3% are citizens. As of 2024, 23.2% of Speedway, IN residents were born outside of the country (3.25k people).

In 2024, there were 1.59 times more White (Non-Hispanic) residents (7.23k people) in Speedway, IN than any other race or ethnicity. There were 4.55k Black or African American (Non-Hispanic) and 1.08k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

81.3%
2024 Citizenship
85.6%
2023 Citizenship

As of 2024, 81.3% of Speedway, IN residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Speedway, IN was 85.6%, meaning that the rate of citizenship has been decreasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Speedway, IN
  1. White (Non-Hispanic)
    7.23k ± 685
  2. Black or African American (Non-Hispanic)
    4.55k ± 786
  3. Other (Hispanic)
    1.08k ± 695
8.81%
Hispanic Population
1.23k people

In 2024, there were 1.59 times more White (Non-Hispanic) residents (7.23k people) in Speedway, IN than any other race or ethnicity. There were 4.55k Black or African American (Non-Hispanic) and 1.08k Other (Hispanic) residents, the second and third most common ethnic groups.

8.81% of the people in Speedway, IN are hispanic (1.23k people).

The following chart shows the 8 races represented in Speedway, IN 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 Indiana.
Most Common Origin
  1. Mexico
    108,287 ± 8,015 people
  2. India
    34,966 ± 4,579 people
  3. China
    17,771 ± 3,269 people

In 2023, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 108,287 Indiana residents, followed by India with 34,966 and China with 17,771.

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Foreign-Born Population

23.2%
2024 Foreign-Born Population
3.25k people
18.8%
2023 Foreign-Born Population
2.56k people

As of 2024, 23.2% of Speedway, IN residents (3.25k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Speedway, IN was 18.8%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Speedway, IN compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    386 ± 261
  2. Gulf War (2001-)
    133 ± 100
  3. Gulf War (1990s)
    56 ± 51

Speedway, IN has a large population of military personnel who served in Vietnam, 2.9 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Speedway, IN.

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Economy

The economy of Speedway, IN employs 6.97k people. In 2024, the largest industries in Speedway, IN were Retail Trade (1,094 people), Transportation & Warehousing (934 people), and Health Care & Social Assistance (688 people), and the highest paying industries were Information ($108,750), Real Estate & Rental & Leasing ($70,568), and Finance & Insurance, & Real Estate & Rental & Leasing ($66,250).

Employment

Occupations

6.97k
2024 Value
± 678
0.273%
1 Year growth
± 13.4%

From 2023 to 2024, employment in Speedway, IN grew at a rate of 0.273%, from 6.95k employees to 6.97k employees.

The most common job groups, by number of people living in Speedway, IN, are Office & Administrative Support Occupations (908 people), Material Moving Occupations (657 people), and Production Occupations (567 people). This chart illustrates the share breakdown of the primary jobs held by residents of Speedway, IN.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Indiana (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

6.97k
2024 Value
± 678
0.273%
1 Year growth
± 13.4%

From 2023 to 2024, employment in Speedway, IN grew at a rate of 0.273%, from 6.95k employees to 6.97k employees.

The most common employment sectors for those who live in Speedway, IN, are Retail Trade (1,094 people), Transportation & Warehousing (934 people), and Health Care & Social Assistance (688 people). This chart shows the share breakdown of the primary industries for residents of Speedway, IN, though some of these residents may live in Speedway, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,442
Median earning men ± $5,679
$34,616
Median earning women ± $2,618

The industries with the best median earnings for men in 2024 are Information ($109,792), Finance & Insurance, & Real Estate & Rental & Leasing ($78,516), and Public Administration ($67,365).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($47,157), Public Administration ($46,081), and Finance & Insurance, & Real Estate & Rental & Leasing ($45,577).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Indiana.
Y-Axis
2.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% 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 15.4%.

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

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Speedway, IN. Showing the available data for Indiana.
2024 Election Results
  1. Donald J. Trump (58.8%)
    Republican Party
  2. Kamala Harris (39.8%)
    Democratic Party
  3. Robert Kennedy (1%)
    Independent Party

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

The following chart shows the popular vote results in Indiana for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.
Todd Young
Senator from Indiana3
Assumed office on January 3, 2017
Jim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

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 Indiana over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Speedway, IN awarded 115 degrees. The student population of Speedway, IN in 2023 is skewed towards women, with 4 male students and 205 female students.

Most students graduating from Universities in Speedway, IN are Black or African American (57 and 49.6%), White (32 and 27.8%), Hispanic or Latino (9 and 7.83%), and Asian (8 and 6.96%).

The largest universities in Speedway, IN by number of degrees awarded are Empire Beauty School-Speedway (115 and 100%).

The most popular majors in Speedway, IN are General Cosmetology (71 and 61.7%), Aesthetician & Skin Care Specialist (42 and 36.5%), and Cosmetology, Barber, & Nail Instructor (2 and 1.74%).

Admissions & Enrollments

Enrollments by Gender and Races

In 2023 there were 209 students enrolled in Speedway, IN, 1.91% men and 98.1% women.

By race, the largest number of students enrolled was concentrated in Black or African American with 124 records, of which 97.6% were women and 2.42% men.

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Completions

Concentrations

Most Common
  1. General Cosmetology
    71 degrees awarded
  2. Cosmetology, Barber, & Nail Instructor
    2 degrees awarded

In 2023, the most common concentation for 1 to 2 Year Postsecondary Certificate recipients in Speedway, IN was General Cosmetology with 71 degrees awarded.

This visualization illustrates the percentage of students graduating with a 1 to 2 Year Postsecondary Certificate from schools in Speedway, IN according to their major.

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Universities

Gender
Race
Empire Beauty School-Speedway
Largest Universities by degrees awarded
115 degrees awarded

In 2023, the institution with the largest number of graduating students was Empire Beauty School-Speedway with 115 degrees awarded.

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Student Diversity

In 2023, 2 men were awarded degrees from institutions in Speedway, IN, which is 0.0177 times less than the 113 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was Black or African American students. These 57 degrees mean that there were 1.78 times more degrees awarded to Black or African American students then the next closest race/ethnicity group, White, with 32 degrees awarded.

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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.

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Housing & Living

The median property value in Speedway, IN was $228,600 in 2024, which is 0.687 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $209,400 to $228,600, a 9.17% increase. The homeownership rate in Speedway, IN is 45.2%, which is lower than the national average of 65.2%.

People in Speedway, IN have an average commute time of 22 minutes, and they drove alone to work. Car ownership in Speedway, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$228,600
Median Property Value 2024
±$7,115
$2,752
Median Property Taxes
±$342

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 Speedway, IN the largest share of households pay taxes in the $2k - $3k range.

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

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Rent vs Own

45.2%
Homeownership
2024
65.9%
Homeowners with Mortgage
2024

In 2024, 45.2% of the housing units in Speedway, IN were occupied by their owner. This percentage declined from the previous year's rate of 46.4%.

This chart shows the percentage of owner in Speedway, IN compared it's parent and neighboring 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.
$60,147
Median Household Income
± $4,988
6.1k
Number of Households
± 668

In 2024, the median household income of the 6.1k households in Speedway, IN grew to $60,147 from the previous year's value of $57,158.

The following chart displays the households in Speedway, IN 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 Speedway, IN is from Indiana.
0.445
2023 Wage GINI in Indiana
0.448
2022 Wage GINI in Indiana

In 2023, the income inequality in Indiana was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.529% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (73.2%)
  2. Worked At Home (12.3%)
  3. Carpooled (6.64%)

In 2024, 73.2% of workers in Speedway, IN drove alone to work, followed by those who worked at home (12.3%) and those who carpooled to work (6.64%).

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

22 minutes
Average Travel Time

Using averages, employees in Speedway, IN have a shorter commute time (22 minutes) than the normal US worker (26.4 minutes). Additionally, 1.4% of the workforce in Speedway, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Speedway, IN 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 Speedway, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Speedway, IN have 2 cars.

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Poverty

Poverty & Diversity

17.5% of the population for whom poverty status is determined in Speedway, IN (2.44k out of 13.9k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 6 - 11, followed by Females 18 - 24 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Speedway, IN is Black, followed by White and Hispanic.

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.

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Health

93.3% of the population of Speedway, IN has health coverage, with 42.7% on employee plans, 25.1% on Medicaid, 8.71% on Medicare, 14.3% on non-group plans, and 2.46% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

By gender, of the total number of insured persons, 48.1% were men and 51.9% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 27.7% under 18 years, 23.4% between 18 and 34 years, 35.4% between 35 and 64 years, and 13.6% over 64 years.

By gender, of the total number of insured persons, 48.1% were men and 51.9% were women.

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

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Uninsured People

6.68%
Uninsured
42.7%
Employer Coverage
25.1%
Medicaid
8.71%
Medicare
14.3%
Non-Group
2.46%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Speedway, IN declined by 19.4% from 8.28% to 6.68%.

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

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