Is Speedway, Indiana a Good Place To Live? - Living In Speedway, IN

Is Speedway, Indiana a good place to live?
Speedway is a city in Indiana state in USA with a population of 12327 residents.. The poverty rate of Speedway is 14.8%, which is 6% higher than national average. The typical household in Speedway earns $46863 a year, compared to the national median of $67,500. Nearly 52.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Speedway, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Speedway remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Speedway, only 32% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Speedway is 88, which is 12% lower than national average. Median home value in Speedway is $131900 , which is 43% lower than national average. While median income in Speedway remained $46863, which is 31% lower than national average.
Population
12327
Unemployment
5.3%
13% NAT AVG.
Poverty
14.8%
6% NAT AVG.
Overall Score
6
Median Home Cost
$131900
43% NAT AVG.
Median Income
$46863
31% NAT AVG.
Median Rent
$893
23% NAT AVG.
Cost Of Living
88
12% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 19
People Earning < $10,000
1 in 15
People Earning < $50,000
52.8%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs60%

Housing70%

Affordability60%

Safety85%

Amenities85%

Diversity90%

Education80%

Commute80%