Speedway town, Indiana Demographics & Population 2026
As of 2026, Speedway town, Indiana has a total population of 13,622, the 66th largest city in Indiana, with a median household income of $57,158, which is 18% lower than the state average. The poverty rate is 15.4%.
Speedway town Quick Facts
How Speedway town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Speedway town Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Speedway town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lake Station city | 13,109 | $56,306 | $124,800 | 8.7% | 16.7% |
| Auburn city | 13,464 | $62,339 | $172,800 | 22.2% | 11.3% |
| Bedford city | 13,824 | $50,253 | $136,900 | 17.6% | 15.4% |
| Madison city | 12,277 | $57,050 | $186,600 | 20.8% | 14.7% |
| Connersville city | 13,241 | $45,679 | $96,300 | 15.6% | 23.2% |
Population Overview
Speedway town is a small city located in Indiana. The total population is 13,622. It ranks as the 66th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Speedway town is 35.9 years. This is 6% lower than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Speedway town is $57,158. This is 18% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 15.4%. This is 27% higher than the state poverty rate of 12.2%. The unemployment rate is 4.9%. This is 15% higher than the state rate of 4.3%. The median home value is $209,400. Housing costs are 4% higher than the state median of $201,600. The home-value-to-income ratio is 3.7x. 46.4% of occupied housing units are owner-occupied. This homeownership rate is 34% lower than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Speedway town is White (non-Hispanic), making up 54.3% of the population. Black or African American residents account for 31.8%. The Black or African American population is significantly higher than the state average (31.8% vs 9.1%). The Asian population (0.4%) is well below the state average of 2.5%.
Education
34.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 20% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.7%.
Data Sources & Methodology
All demographic data for Speedway town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Speedway town, Indiana?
Speedway town, Indiana has a population of 13,622 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Speedway town, IN?
The median household income in Speedway town is $57,158, which is 27% lower the national median of $78,538.
What is the poverty rate in Speedway town, IN?
The poverty rate in Speedway town is 15.4%. This means approximately 2,100 residents live below the federal poverty line.
What is the racial makeup of Speedway town, Indiana?
Speedway town's population is 54.3% White, 31.8% Black, 9.2% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Speedway town, IN?
The median home value in Speedway town is $209,400. The home-value-to-income ratio is 3.7x.
How educated is Speedway town, Indiana?
34.4% of adults (25+) in Speedway town hold a bachelor's degree or higher, and 10.5% hold a graduate or professional degree.