Speedway, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Speedway, Indiana had a total population of 13,968, the 65th largest town in Indiana, with a median household income of $60,147, which is 16% lower than the state average. The poverty rate is 17.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Speedway Quick Facts
How Speedway Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 13,622 | 13,968 | +2.5% |
| Median household income | $57,158 | $60,147 | +5.2% |
| Median home value | $209,400 | $228,600 | +9.2% |
How Speedway Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Speedway Rankings in Indiana
Explore Indiana Rankings
Other Cities in Marion County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Indianapolis | 885,860 | $66,219 | 15.8% | $224,800 |
| Lawrence | 49,517 | $74,022 | 8.7% | $230,100 |
| Beech Grove | 14,913 | $49,973 | 11.1% | $182,600 |
| Cumberland | 6,267 | $87,364 | 6.4% | $239,200 |
| Southport | 1,975 | $71,058 | 11.0% | $206,300 |
| Meridian Hills | 1,767 | $211,528 | 0.8% | $661,700 |
| Warren Park | 1,599 | $42,906 | 19.2% | $185,800 |
| Clermont | 1,468 | $82,083 | 8.6% | $194,000 |
| Homecroft | 854 | $78,942 | 2.0% | $231,600 |
| Rocky Ripple | 631 | $72,813 | 8.6% | $194,800 |
Cities Similar to Speedway
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lake Station | 13,185 | $59,591 | $137,400 | 7.4% | 15.4% |
| Auburn | 13,565 | $68,750 | $190,800 | 23.4% | 9.8% |
| Bedford | 13,837 | $49,553 | $152,400 | 17.3% | 16.2% |
| Madison | 12,223 | $61,183 | $203,100 | 23.8% | 14.9% |
| Greensburg | 12,229 | $62,655 | $191,400 | 19.8% | 13.8% |
Population Overview
Speedway is a small city located in Indiana, within Marion County. The total population is 13,968. It ranks as the 65th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Speedway is 34.5 years. This is 9% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Speedway is $60,147. This is 16% lower than the state median of $71,957. It is also 25% lower than the national median of $80,734. The poverty rate stands at 17.5%. This is 42% higher than the state poverty rate of 12.3%. The unemployment rate is 5.8%. This is 34% higher than the state rate of 4.3%. The median home value is $228,600. Housing costs are 5% higher than the state median of $218,200. The home-value-to-income ratio is 3.8x. 45.1% of occupied housing units are owner-occupied. This homeownership rate is 36% lower than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Speedway is White (non-Hispanic), making up 51.7% of the population. Black or African American residents account for 32.5%. The Black or African American population is significantly higher than the state average (32.5% vs 9.1%).
Education
34.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.2%.
Data Sources & Methodology
All demographic data for Speedway, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Speedway, Indiana?
Speedway, Indiana has a population of 13,968 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Speedway, IN?
The median household income in Speedway is $60,147, which is 25% lower than the national median of $80,734.
What is the poverty rate in Speedway, IN?
The poverty rate in Speedway is 17.5%. This means approximately 2,435 residents live below the federal poverty line.
What is the racial makeup of Speedway, Indiana?
Speedway's population is 51.7% White, 32.5% Black, 8.8% Hispanic/Latino, and 2.8% Asian.
What is the median home value in Speedway, IN?
The median home value in Speedway is $228,600. The home-value-to-income ratio is 3.8x.
How educated is Speedway, Indiana?
34.3% of adults (25+) in Speedway hold a bachelor's degree or higher, and 10.9% hold a graduate or professional degree.