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Speedway, IN&

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Population
12,145
0.37% growth
Median Age
33.7
Median Household Income
$40,499
6.97% growth
Poverty Rate
19.7%
Number of Employees
5,723
0.81% growth
Median Property Value
$116,200
0.87% growth

About the photo: Canal walk in downtown Indianapolis.

Economy

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.

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Health & Safety

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.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Speedway, IN is from the county of Marion County, IN.

Insurance Coverage by Age and Gender

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Diversity

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).

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Age by Nativity

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Non-English Speakers

Military

Veterans

Education

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.

Concentrations

Universities

Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

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.

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Keep Exploring

United States
nation
Indiana
state
Marion County, IN
county
Indianapolis-Carmel-Anderson, IN Metro Area
metropolitan statistical area
Wayne & Decatur (Northwest) Townships--Indianapolis City (West) PUMA, IN
public use microdata area
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