Speedway, IN

Census Place

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2022 Population
13,646
0.242% 1-year growth
US Senator
Todd Young
Republican Party
US Senator
Mike Braun
Republican Party
2022 Median Age
34.2
3.12% 1-year decrease
2022 Poverty Rate
17.2%
26% 1-year increase
2022 Median Household Income
$52,627
7.31% 1-year growth
2022 Median Property Value
$178,000
24.6% 1-year growth

About

In 2022, Speedway, IN had a population of 13.6k people with a median age of 34.2 and a median household income of $52,627. Between 2021 and 2022 the population of Speedway, IN grew from 13,613 to 13,646, a 0.242% increase and its median household income grew from $49,044 to $52,627, a 7.31% increase.

The 5 largest ethnic groups in Speedway, IN are White (Non-Hispanic) (56.7%), Black or African American (Non-Hispanic) (29.6%), Other (Hispanic) (5.45%), Two+ (Non-Hispanic) (4.65%), and White (Hispanic) (2.89%).

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.

87.2% of the residents in Speedway, IN are U.S. citizens.

The largest universities in Speedway, IN are Empire Beauty School-Speedway (59 degrees awarded in 2022).

In 2022, the median property value in Speedway, IN was $178,000, and the homeownership rate was 45.6%.

Most people in Speedway, IN drove alone to work, and the average commute time was 23.2 minutes. The average car ownership in Speedway, IN was 2 cars per household.

Population & Diversity

Speedway, IN is home to a population of 13.6k people, from which 87.2% are citizens. As of 2022, 15.2% of Speedway, IN residents were born outside of the country (2.08k people).

In 2022, there were 1.92 times more White (Non-Hispanic) residents (7.74k people) in Speedway, IN than any other race or ethnicity. There were 4.04k Black or African American (Non-Hispanic) and 744 Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

87.2%
2022 Citizenship
90.4%
2021 Citizenship

As of 2022, 87.2% of Speedway, IN residents were US citizens, which is lower than the national average of 93.5%. In 2021, the percentage of US citizens in Speedway, IN was 90.4%, 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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Race and Ethnicity

The 3 largest ethnic groups in Speedway, IN
  1. White (Non-Hispanic)
    7.74k ± 799
  2. Black or African American (Non-Hispanic)
    4.04k ± 656
  3. Other (Hispanic)
    744 ± 521
8.68%
Hispanic Population
1.19k people

In 2022, there were 1.92 times more White (Non-Hispanic) residents (7.74k people) in Speedway, IN than any other race or ethnicity. There were 4.04k Black or African American (Non-Hispanic) and 744 Other (Hispanic) residents, the second and third most common ethnic groups.

8.68% of the people in Speedway, IN are hispanic (1.19k people).

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

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Foreign-Born Population

15.2%
2022 Foreign-Born Population
2.08k people
12.2%
2021 Foreign-Born Population
1.66k people

As of 2022, 15.2% of Speedway, IN residents (2.08k people) were born outside of the United States, which is higher than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Speedway, IN was 12.2%, 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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Veterans

Most Common Service Period
  1. Vietnam
    278 ± 252
  2. Gulf War (1990s)
    109 ± 69
  3. Korea
    35 ± 38

Speedway, IN has a large population of military personnel who served in Vietnam, 2.55 times greater than any other conflict.

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Economy

The economy of Speedway, IN employs 6.71k people. The largest industries in Speedway, IN are Retail Trade (923 people), Health Care & Social Assistance (893 people), and Manufacturing (859 people), and the highest paying industries are Information ($76,750), Real Estate & Rental & Leasing ($63,875), and Finance & Insurance, & Real Estate & Rental & Leasing ($58,685).

Occupations

6.71k
2022 Value
± 616
3.14%
1 Year growth
± 12.9%

From 2021 to 2022, employment in Speedway, IN grew at a rate of 3.14%, from 6.5k employees to 6.71k employees.

The most common job groups, by number of people living in Speedway, IN, are Office & Administrative Support Occupations (981 people), Sales & Related Occupations (617 people), and Production Occupations (545 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 false.

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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Employment by Industries

6.71k
2022 Value
± 616
3.14%
1 Year growth
± 12.9%

From 2021 to 2022, employment in Speedway, IN grew at a rate of 3.14%, from 6.5k employees to 6.71k employees.

The most common employment sectors for those who live in Speedway, IN, are Retail Trade (923 people), Health Care & Social Assistance (893 people), and Manufacturing (859 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

$51,088
Median earning men ± $4,457
$36,165
Median earning women ± $1,804

The industries with the best median earnings for men in 2022 are Information ($108,250), Public Administration ($62,326), and Transportation & Warehousing, & Utilities ($61,250).

The industries with the best median earnings for women in 2022 are Information ($72,188), Finance & Insurance, & Real Estate & Rental & Leasing ($61,422), and Educational Services, & Health Care & Social Assistance ($45,494).

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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 2020 presidential election, the popular vote in Indiana went to Donald J. Trump with 57% of the vote. The runner-up was Joseph R Biden Jr. (41%), followed by Jo Jorgensen (1.95%).

Todd Young and Mike Braun 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.

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
Mike Braun
Senator from Indiana1
Assumed office on January 3, 2019

Todd Young and Mike Braun 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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US Representatives from Indiana

Indiana is currently represented by 9 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Indiana have changed over time starting in 2008.

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Education

In 2022, universities in Speedway, IN awarded 59 degrees. The student population of Speedway, IN in 2022 is skewed towards women, with 6 male students and 219 female students.

Most students graduating from Universities in Speedway, IN are Black or African American (34 and 57.6%), followed by White (13 and 22%), Unknown (9 and 15.3%), and Hispanic or Latino (1 and 1.69%).

The largest universities in Speedway, IN by number of degrees awarded are Empire Beauty School-Speedway (59 and 100%).

The most popular majors in Speedway, IN are General Cosmetology (44 and 74.6%), Aesthetician & Skin Care Specialist (12 and 20.3%), and Cosmetology, Barber, & Nail Instructor (3 and 5.08%).

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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Educational Pyramid

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

In 2022, 0.799% of men over 25 years of age had not completed any academic degree (no schooling), while 0.781% of women were in the same situation.

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

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Educational Attainment

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

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.75M), Some college (1.13M), and Bachelors Degree (879k).

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.

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Housing & Living

The median property value in Speedway, IN was $178,000 in 2022, which is 0.631 times smaller than the national average of $281,900. Between 2021 and 2022 the median property value increased from $142,800 to $178,000, a 24.6% increase. The homeownership rate in Speedway, IN is 45.6%, which is approximately the same as the national average of 64.8%.

People in Speedway, IN have an average commute time of 23.2 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.

Median household income in Speedway, IN is $52,627. In 2022, the place with the highest median household income in Speedway, IN was Census Tract 3410 with a value of $76,181, followed by Census Tract 3408 and Census Tract 3402.01, with respective values of $68,750 and $64,603.

Property

$178,000
Median Property Value 2022
±$9,981
$2,706
Median Property Taxes
±$351

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 $800 - $1,499 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

45.6%
Homeownership
2022
66.2%
Homeowners with Mortgage
2022

In 2022, 45.6% of the housing units in Speedway, IN were occupied by their owner. This percentage declined from the previous year's rate of 47%.

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

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Income by Location

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Race/Ethnicity
Highest Median Household Income (Total)
  1. Census Tract 3410
  2. Census Tract 3408
  3. Census Tract 3402.01

In 2022, the place with the highest Median Household Income (Total) in Speedway, IN was Census Tract 3410 with a value of $76,181, followed by Census Tract 3408 and Census Tract 3402.01, with respective values of $68,750 and $64,603.

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

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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.
$52,627
Median Household Income
± $7,375
5.93k
Number of Households
± 619

In 2022, the median household income of the 5.93k households in Speedway, IN grew to $52,627 from the previous year's value of $49,044.

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.
0.448
2022 Wage GINI in Indiana
0.449
2021 Wage GINI in Indiana

In 2022, the income inequality in Indiana was 0.448 according to the GINI calculation of the wage distribution. Income inequality had a 0.283% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.478. 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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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (79.2%)
  2. Worked At Home (7.78%)
  3. Carpooled (7.19%)

In 2022, 79.2% of workers in Speedway, IN drove alone to work, followed by those who worked at home (7.78%) and those who carpooled to work (7.19%).

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

23.2 minutes
Average Travel Time

Using averages, employees in Speedway, IN have a shorter commute time (23.2 minutes) than the normal US worker (26.7 minutes). Additionally, 1.93% 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 & Diversity

17.2% of the population for whom poverty status is determined in Speedway, IN (2.35k out of 13.6k 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 45 - 54 and then Males 45 - 54.

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

87.1% of the population of Speedway, IN has health coverage, with 43.9% on employee plans, 21.3% on Medicaid, 8.71% on Medicare, 11% on non-group plans, and 2.22% on military or VA plans.

Primary care physicians in Marion County, IN see 1215 patients per year on average, which represents a 0.491% decrease from the previous year (1221 patients). Compare this to dentists who see 1087 patients per year, and mental health providers who see 291 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Marion County, IN.
1,215 to 1
Patient to Primary Care Physician Ratio in Marion County, IN

Primary care physicians in Marion County, IN see an average of 1,215 patients per year. This represents a 0.491% decrease from the previous year (1,221 patients).

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

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Health Care Diversity

In 2022, 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 13.5% over 64 years.

By gender, of the total number of insured persons, 49.2% were men and 50.8% were women.

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

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Uninsured People

12.9%
Uninsured
43.9%
Employer Coverage
21.3%
Medicaid
8.71%
Medicare
11%
Non-Group
2.22%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Speedway, IN grew by 3.89% from 12.4% to 12.9%.

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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