Speedway, IN has a population of 12,145 people with a median age of 33.7 and a median household income of $40,499. Between 2015 and 2016 the population of Speedway, IN grew from 12,100 to 12,145, a 0.37% increase and its median household income grew from $37,861 to $40,499, a 6.97% increase.
The population of Speedway, IN is 61% White, 21.8% Black, and 9.2% Hispanic. 18.6% of the people in Speedway, IN speak a non-English language, and 87.6% are U.S. citizens.
The largest universities in Speedway, IN are Empire Beauty School-Speedway, with 69 graduates, N/A, with N/A graduates, and N/A, with N/A graduates.
The median property value in Speedway, IN is $116,200, and the homeownership rate is 43.5%. Most people in Speedway, IN commute by Drove Alone, and the average commute time is 21.4 minutes. The average car ownership in Speedway, IN is 2 cars per household.
Speedway, IN is a census place located in Marion County, IN. It borders Indianapolis city (balance), IN.
The economy of Speedway, IN employs 5,723 people. The economy of Speedway, IN is specialized in Wholesale trade; Manufacturing; and Transportation & Warehousing, which employ respectively 1.84; 1.48; and 1.45 times more people than what would be expected in a location of this size. The largest industries in Speedway, IN are Healthcare & Social Assistance (911), Manufacturing (820), and Educational Services (586), and the highest paying industries are Utilities ($62,411), Professional, Scientific, Tech Services ($44,615), and Transportation & Warehousing ($38,558).
Median household income in Speedway, IN is $40,499. Males in Speedway, IN have an average income that is 1.24 times higher than the average income of females, which is $32,248. The income inequality of Speedway, IN (measured using the Gini index) is 0.401 which is lower than the national average.
Insurance and Medicare coverage combined with state and county level health and safety statistics for Speedway, IN. In Marion County, IN the age groups most likely to have health care coverage are 6-17 and 25-34, men and women, respectively. The location has a 1 to 81 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,576. Lake County, IN has the highest prevalence of homicides of any county in Indiana.
Speedway, IN is home to a population of 12,145 people, from which 87.6% are citizens. The ethnic composition of the population of Speedway, IN is composed of 7,414 White residents (61%), 2,648 Black residents (21.8%), 1,114 Hispanic residents (9.2%), 522 Two+ residents (4.3%), and 362 Asian residents (2.98%). The most common foreign languages in Speedway, IN are Spanish (772 speakers), Arabic (207 speakers), and African Languages (200 speakers), but compared to other places, Speedway, IN has a relative high number of Arabic (207 speakers), African Languages (200 speakers), and Other Asian (168 speakers).
In 2015 universities in Speedway, IN awarded 69 degrees. The student population of Speedway, IN is skewed towards females, with 3 male students and 66 female students. Most students in Speedway, IN are Black or African American (51 and 73.9%), followed by White (13 and 18.8%), Two or more races (2 and 2.9%), and Hispanic or Latino (2 and 2.9%). The largest universities in Speedway, IN by number of graduates are Empire Beauty School-Speedway (69 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Speedway, IN are General Cosmetology (61 and 88.4%), Cosmetology, Barber, & Nail Instructor (8 and 11.6%), and N/A (N/A and N/A). 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.
The median property value in Speedway, IN is $116,200, which is 0.57 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $115,200 to $116,200, a 0.87% increase. The homeownership rate of Speedway, IN is 43.5%, which is lower than the national average of 63.6%. People in Speedway, IN have an average commute time of 21.4 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.