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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

Population 13,968
Median Household Income $60,147
Median Home Value $228,600
Poverty Rate 17.5%
Unemployment Rate 5.8%
Median Age 34.5 years
Homeownership Rate 45.1%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 34.3%
High School Graduation Rate 90.2%
Diversity Index 62/100
Population 13,968 65th of 967
Median Income $60,147 average
Poverty Rate 17.5% 40% higher than national
Median Home Value $228,600 top 20%

How Speedway Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population13,62213,968+2.5%
Median household income$57,158$60,147+5.2%
Median home value$209,400$228,600+9.2%

How Speedway Compares

Economy & Housing

Household Income Distribution

Under $25K 14.1%
$25K-$50K 27.0%
$50K-$100K 32.1%
$100K+ 26.7%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
5.7%
$15K-$20K
1.6%
$20K-$25K
2.2%
$25K-$30K
2.8%
$30K-$35K
8.6%
$35K-$40K
6.6%
$40K-$45K
1.8%
$45K-$50K
7.2%
$50K-$60K
8.7%
$60K-$75K
10.4%
$75K-$100K
13.0%
$100K-$125K
11.3%
$125K-$150K
5.1%
$150K-$200K
5.5%
$200K+
4.8%

Employment

5.8% Unemployment Rate State: 4.3%|National: 5.2%
71.8% Labor Force Participation

Housing Overview

Owner 45.1%
Renter 54.9%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,141/mo 22.8% of median household income annually

People & Demographics

Diversity Index

62out of 100
High Diversity

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

State average: 41 | National average: 61

Education

Speedway Rankings in Indiana

#65 Population of 967
#457 Median Income of 796
#134 Education of 966
#166 Home Value of 818

Other Cities in Marion County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake Station13,185$59,591$137,4007.4%15.4%
Auburn13,565$68,750$190,80023.4%9.8%
Bedford13,837$49,553$152,40017.3%16.2%
Madison12,223$61,183$203,10023.8%14.9%
Greensburg12,229$62,655$191,40019.8%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.