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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

Population 13,622
Median Household Income $57,158
Median Home Value $209,400
Poverty Rate 15.4%
Unemployment Rate 4.9%
Median Age 35.9 years
Homeownership Rate 46.4%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 34.4%
High School Graduation Rate 89.7%
Diversity Index 59/100
Population 13,622 66th of 967
Median Income $57,158 below average
Poverty Rate 15.4% 24% higher national
Median Home Value $209,400 top 20%

How Speedway town Compares

Economy & Housing

Employment

4.9% Unemployment Rate State: 4.3% | National: 5.2%
71.5% Labor Force Participation

Housing Overview

Owner 46.4%
Renter 53.6%
Affordability Index Affordable
3.7x home value to income ratio

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 40 | National average: 60

Education

Speedway town Rankings in Indiana

#66 Population of 967
#510 Median Income of 967
#124 Education of 967
#163 Home Value of 967

Cities Similar to Speedway town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake Station city13,109$56,306$124,8008.7%16.7%
Auburn city13,464$62,339$172,80022.2%11.3%
Bedford city13,824$50,253$136,90017.6%15.4%
Madison city12,277$57,050$186,60020.8%14.7%
Connersville city13,241$45,679$96,30015.6%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.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.