Speedway, IN

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Population

12,229

0.692% growth

Median Age

33.5


Median Household Income

$40,109

0.963% decline

Poverty Rate

21%


Number of Employees

5,705

0.315% decline

Median Property Value

$117,000

0.688% growth

About

Economy

Health

Diversity

Education

Housing & Living

About

In 2017, Speedway, IN had a population of 12.2k people with a median age of 33.5 and a median household income of $40,109. Between 2016 and 2017 the population of Speedway, IN grew from 12,145 to 12,229, a 0.692% increase and its median household income declined from $40,499 to $40,109, a -0.963% decrease.

The population of Speedway, IN is 60.1% White Alone, 21.4% Black or African American Alone, and 9.25% Hispanic or Latino. 14.5% of the people in Speedway, IN speak a non-English language, and 87.8% are U.S. citizens.

The largest universities in Speedway, IN are Empire Beauty School-Speedway (53 degrees awarded in 2016).

The median property value in Speedway, IN is $117,000, and the homeownership rate is 45.7%. Most people in Speedway, IN commute by Drove Alone, and the average commute time is 20.7 minutes. The average car ownership in Speedway, IN is 2 cars per household.

About the photo: Canal walk in downtown Indianapolis.

Photo by Keith Robinson

United StatesIndianaMarion County, INIndianapolis-Carmel-Anderson, INWayne & Decatur (Northwest) TownshipsIndianapolis City (West) PUMA, IN

Economy

The economy of Speedway, IN employs 5.71k people. The largest industries in Speedway, IN are Health Care & Social Assistance (881 people), Manufacturing (748 people), and Retail Trade (636 people), and the highest paying industries are Utilities ($86,094), Finance & Insurance ($44,167), and Public Administration ($43,594).

Median household income in Speedway, IN is $40,109. Males in Speedway, IN have an average income that is 1.39 times higher than the average income of females, which is $42,677. The income inequality in Speedway, IN (measured using the Gini index) is 0.456, which is lower than than the national average.

Wages

Median Household Income

$40,109

2017 value

± $4,603

-0.963%

1 Year Growth

± 15%

Households in Speedway, IN have a median annual income of $40,109, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $40,499 in 2016, which represents a -0.963% annual growth.

Look at the chart to see how the median household income in Speedway, IN compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Indiana.

$59,508

Average Male Salary

± $1,197

$42,677

Average Female Salary

± $917

In 2017, full-time male employees in Speedway, IN made 1.39 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Speedway, IN by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Indiana.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $60,595 ± $7,828

  2. White

    $45,279 ± $744

  3. Native Hawaiian and Other Pacific Islander

    $41,920 ± $17,388

In 2017 the highest paid race/ethnicity of Speedway, IN workers was Asian. These workers were paid 1.34 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Speedway, IN by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Speedway, IN is from Indiana.

0.456

2017 Wage GINI

0.457

2016 Wage GINI

In 2017, the income inequality in Indiana was 0.456 according to the GINI calculation of the wage distribution. Income inequality had a 0.0682% decline from 2016 to 2017, which means that wage distribution grew somewhat more even.

The 2017 the GINI for Indiana was lower than than the national average of 0.479. 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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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 3410

  2. Census Tract 3408

  3. Census Tract 3402.01

In 2017, the place with the highest Median Household Income (Total) in Speedway, IN was Census Tract 3410 with a value of $63,750, followed by Census Tract 3408 and Census Tract 3402.01, with respective values of $42,212 and $40,938.

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

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Poverty by Age and Gender

Females < 5

Largest Demographic Living in Poverty

21% of the population for whom poverty status is determined in Speedway, IN (2.55k out of 12.2k people) live below the poverty line, a number that is higher than the national average of 13.4%. The largest demographic living in poverty are Females < 5, followed by Females 25 - 34 and then Females 18 - 24.

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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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    1,397 ± 318

  2. Hispanic

    562 ± 200

  3. Black

    484 ± 185

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

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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Occupations

Employment by Occupations

5.71k

2017 Value

± 475

-0.315%

1 Year decline

± 11.8%

From 2016 to 2017, employment in Speedway, IN declined at a rate of -0.315%, from 5.72k employees to 5.71k employees.

The most common job groups, by number of people living in Speedway, IN, are Office & Administrative Support Occupations (876 people), Management Occupations (549 people), and Sales & Related Occupations (480 people). This chart illustrates the share breakdown of the primary jobs held by residents of Speedway, IN.

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Most Common

The most common jobs held by residents of Speedway, IN, by number of employees, are Office & Administrative Support Occupations (876 people), Management Occupations (549 people), and Sales & Related Occupations (480 people).

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Most Specialized

Compared to other places, Speedway, IN has an unusually high number of residents working as Material Moving Occupations (2.76 times higher than expected), Life, Physical, & Social Science Occupations (1.6 times), and Production Occupations (1.27 times).

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Highest Paid

The highest paid jobs held by residents of Speedway, IN, by median earnings, are Computer & Mathematical Occupations ($85,132), Architecture & Engineering Occupations ($73,750), and Computer, Engineering, & Science Occupations ($60,625).

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Industries

Employment by Industries

5.71k

2017 Value

± 475

-0.315%

1 Year decline

± 11.8%

From 2016 to 2017, employment in Speedway, IN declined at a rate of -0.315%, from 5.72k employees to 5.71k employees.

The most common employment sectors for those who live in Speedway, IN, are Health Care & Social Assistance (881 people), Manufacturing (748 people), and Retail Trade (636 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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Most Common

The most common industries in Speedway, IN, by number of employees, are Health Care & Social Assistance (881 people), Manufacturing (748 people), and Retail Trade (636 people).

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Most Specialized

Compared to other places, Speedway, IN has an unusually high number of Transportation & Warehousing (1.54 times higher than expected), Administrative & Support & Waste Management Services (1.47 times), and Manufacturing (1.3 times) industries.

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Highest Paying

The highest paying industries in Speedway, IN, by median earnings, are Utilities ($86,094), Finance & Insurance ($44,167), and Public Administration ($43,594).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Indiana to other states, or from other states to Indiana.

Top Domestic Production in Dollars

  1. Motorized vehicles

    $69.1B

  2. Base metals

    $42.9B

  3. Mixed freight

    $39.9B

In 2015, the top outbound Indiana product (by dollars) was Motorized vehicles with $69.1B, followed by Base metals with $42.9B and Mixed freight and $39.9B.

The following chart shows the share of these products in relation to all outbound Indiana products.

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Domestic Trade Growth

Showing data for Indiana state.

$446B

2015 Value

$698B

Projected 2045 Value

56.6% growth

In 2015, total outbound Indiana trade was $446B. This is expected to increase 56.6% to $698B by 2045.

The following chart shows how the domestic outbound Indiana trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Indiana to other states, or from other states to Indiana.

Most Common Trade Partners

  1. Ohio

    $39.9B

  2. Michigan

    $32.7B

  3. Illinois

    $31.7B

In 2015, the top outbound Indiana domestic partner for goods and services (by dollars) was Ohio with $39.9B, followed by Michigan with $32.7B and Illinois and $31.7B.

The following map shows the amount of trade that Indiana shares with each state (excluding itself).

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Health

89.1% of the population of Speedway, IN has health coverage, with 47.9% on employee plans, 18.4% on Medicaid, 12.2% on Medicare, 9.69% on non-group plans, and 0.842% on military or VA plans.

Per capita personal health care spending in the place of Speedway, IN was $8,300 in 2014. This is a 4.76% increase from the previous year ($7,923).

Primary care physicians in Speedway, IN see 1505 patients per year on average, which represents a 1.07% increase from the previous year (1489 patients). Compare this to dentists who see 1852 patients per year, and mental health providers who see 701 patients per year.

Comparing across all counties in the state, Jay County has the highest prevalence of diabetes (15.4%). Additionally, Grant County has the highest prevalence of adult obesity (39.1%)

Patient to Clinician Ratios

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

1505 to 1

Primary Care Physicians

Primary care physicians in Indiana see an average of 1505 patients per year. This represents a 1.07% increase from the previous year (1489 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Indiana in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. West Virginia

    8.26% of the population affected

  2. Arkansas

    8.13% of the population affected

  3. New Hampshire

    7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. Mississippi

    19.2% of adults

  2. Texas

    17.9% of adults

  3. Louisiana

    17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

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

$8,300

Total Per Capita Spending on Personal Health Care 

$4,078

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,285

Per Enrollee Medicaid Spending on Personal Health Care

$10,714

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Indiana (including private, Medicare, and Medicaid) grew 4.76%, from $7,923 to $8,300.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

10.9%

Uninsured

47.9%

Employer Coverage

18.4%

Medicaid

12.2%

Medicare

9.69%

Non-Group

0.842%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Speedway, IN declined by 5.62% from 11.6% to 10.9%.

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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Health Risks

Data available at the county level.

Most at risk counties

  1. Jay County

    15.4% prevalence

  2. Martin County

    15.1% prevalence

  3. Rush County

    15% prevalence

Jay County has the highest prevalence of diabetes in Indiana, at 15.4%.

The following map shows the prevalence of diabetes in Indiana by county over multiple years.

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Diversity

Speedway, IN is home to a population of 12.2k people, from which 87.8% are citizens. As of 2017, 16.3% of Speedway, IN residents were born outside of the country.

The ethnic composition of the population of Speedway, IN is composed of 7.35k White Alone residents (60.1%), 2.61k Black or African American Alone residents (21.4%), 1.13k Hispanic or Latino residents (9.25%), 554 Two or More Races residents (4.53%), 503 Asian Alone residents (4.11%), 44 Some Other Race Alone residents (0.36%), 23 Native Hawaiian & Other Pacific Islander Alone residents (0.188%), and 11 American Indian & Alaska Native Alone residents (0.09%).

The most common foreign languages spoken in Speedway, IN are Spanish or Spanish Creole (772 speakers), Arabic (207 speakers), and African Languages (200 speakers).

Age

Age by Nativity

34

Median Native-Born Age

± 2.2

33

Median Foreign-Born Age

± 3.9

In 2017, the median age of all people in Speedway, IN was 33.5. Native-born citizens, with a median age of 34, were generally older than than foreign-born citizens, with a median age of 33. But people in Speedway, IN are getting getting younger. In 2016, the average age of all Speedway, IN residents was 34.

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Heritage

Foreign-Born Population

16.3%

2017 Foreign-Born Population

15.6%

2016 Foreign-Born Population

As of 2017, 16.3% of Speedway, IN residents were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Speedway, IN was 15.6%, 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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Global Diversity

Most Common Origin

  1. Mexico

    106,451 ± 7,946 people

  2. India

    28,953 ± 4,168 people

  3. China

    22,599 ± 3,684 people

In 2017, the most common birthplace for the foreign-born residents of Speedway, IN was Mexico, the natal country of 106,451 Speedway, IN residents, followed by India with 28,953 and China with 22,599.

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Citizenship

87.8%

2017 Citizenship

87.6%

2016 Citizenship

As of 2017, 87.8% of Speedway, IN residents were US citizens, which is lower than the national average of 93.1%. In 2016, the percentage of US citizens in Speedway, IN was 87.6%, meaning that the rate of citizenship has been increasing.

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

Most Common

  1. White Alone

    7.35k ± 621

  2. Black or African American Alone

    2.61k ± 679

  3. Hispanic or Latino

    1.13k ± 389

In 2017, there were 2.81 times more White Alone residents (7.35k people) in Speedway, IN than any other race or ethnicity. There were 2.61k Black or African American Alone and 1.13k Hispanic or Latino residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Speedway, IN as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    772 speakers (7%)

  2. Arabic

    207 speakers (1.88%)

  3. African Languages

    200 speakers (1.81%)

14.5% of Speedway, IN citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Speedway, IN was Spanish or Spanish Creole. 7% of the overall population of Speedway, IN are native Spanish or Spanish Creole speakers. 1.88% speak Arabic and 1.81% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    181 ± 73

  2. Gulf War (2001-)

    82 ± 60

  3. Korea

    73 ± 40

Speedway, IN has a large population of military personnel who served in Vietnam, 2.21 times greater than any other conflict.

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Education

In 2016, universities in Speedway, IN awarded 53 degrees. The student population of Speedway, IN is skewed towards women, with 8 male students and 172 female students.

Most students graduating from Universities in Speedway, IN are Black or African American (39 and 73.6%), followed by White (7 and 13.2%), Hispanic or Latino (5 and 9.43%), and Two or More Races (1 and 1.89%).

The largest universities in Speedway, IN by number of degrees awarded are Empire Beauty School-Speedway (53 and 100%).

The most popular majors in Speedway, IN are General Cosmetology (52 and 98.1%) and Cosmetology, Barber, & Nail Instructor (1 and 1.89%).

The median tuition costs in Speedway, IN are $N/A for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. General Cosmetology

    52 degrees awarded

  2. Cosmetology, Barber, & Nail Instructor

    1 degrees awarded

  3. N/A

    N/A degrees awarded

In 2015, the most common concentation for 1 to 2 Year Postsecondary Certificate recipients in Speedway, IN was General Cosmetology with 52 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

Empire Beauty School-Speedway

Largest Universities by degrees awarded

53 degrees awarded

$N/A

Median In-State Public

$N/A

Median Private

In 2016, the Speedway, IN institution with the largest number of graduating students was Empire Beauty School-Speedway with 53 degrees awarded.

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Student Gender for Common Institutions

2

Degrees Awarded to Men

51

Degrees Awarded to Women

In 2016, 2 men were awarded degrees from institutions in Speedway, IN, which is 0.0392 times less than the 51 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Speedway, IN by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. Black or African American

    39 degrees awarded

  2. White

    7 degrees awarded

  3. Hispanic or Latino

    5 degrees awarded

In 2016 the majority of degrees awarded at institutions in Speedway, IN were to Black or African American students. These 39 degrees mean that there were 5.57 times more Black or African American students then the next closest race/ethnicity group, White, with 7 degrees awarded.

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Housing & Living

The median property value in Speedway, IN was $117,000 in 2017, which is 0.538 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $116,200 to $117,000, a 0.688% increase. The homeownership rate in Speedway, IN is 45.7%, which is lower than the national average of 63.9%. People in Speedway, IN have an average commute time of 20.7 minutes, and they commute by Drove Alone. Car ownership in Speedway, IN is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

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

$40,109

Median Household Income

± $4,603

5.19k

Number of Households

± 464

In 2017, the median household income of the 5.19k households in Speedway, IN declined from $40,109 from the previous year's value of $40,499.

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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Housing

Property Value

$117,000

2017 Median

± $2,765

$116,200

2016 Median

± $3,132

In 2017, the median property value in Speedway, IN grew to to $117,000 from the previous year's value of $116,200.

The following charts display, first, the property values in Speedway, IN compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Speedway, IN the largest share of households have a property value in the $100k - $125k range.

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Property Taxes

$800 - $1,499

Average Range

This chart shows the households in Speedway, IN 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.

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Rent vs Own

45.7%

2017 Homeownership

43.5%

2016 Homeownership

In 2017, 45.7% of the housing units in Speedway, IN were occupied by their owner. This percentage grew from the previous year's rate of 43.5%.

This percentage of owner-occupation is lower than the national average of 63.9%. This chart shows the ownership percentage in Speedway, IN compared it's parent and neighboring geographies.

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Transportation

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, followed by 1 car.

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Commute Time

20.7 minutes

Average Travel Time

Using averages, employees in Speedway, IN have a shorter commute time (20.7 minutes) than the normal US worker (25.1 minutes). Additionally, 0.506% 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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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    83.6%

  2. Carpooled

    8.78%

  3. Public Transit

    3.08%

In 2017, the most common method of travel for workers in Speedway, IN was Drove Alone, followed by those who Carpooled and those who Public Transit.

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