Pros and Cons of Living In Speedway, Indiana. Is Speedway, IN a Nice Place To Live or Retire?

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Speedway, Indiana

Moving to Speedway In Indiana ? Is Speedway, IN a Nice Place To Live? Pros and Cons of Living in Speedway, Indiana. Find out the best and worst about to live, raise a family or retire in Speedway.

Speedway is a town in Wayne Township, Marion County, Indiana, United States. The population was 13,952 at the 2020 census, up from 11,812 in 2010. Speedway, which is an enclave of Indianapolis, is the home of the Indianapolis Motor Speedway.

DEMOGRAPHICS

Population
12327
Unemployment
5.3%
13% NAT AVG.
Poverty
14.8%
6% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$131900
43% NAT AVG.
Median Income
$46863
31% NAT AVG.
Median Rent
$893
23% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
524
83% NAT. AVG.
101% STATE AVG.
Violent Crime
38
20% NAT. AVG.
13% STATE AVG.
Property Crime
486
103% NAT. AVG.
123% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 7
Unemployed People
1 in 19
People Earning < $10,000
1 in 15
People Earning < $50,000
52.8%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Speedway USA
White 58.5% 60.1%
African American 25.7% 12.2%
American Indian 0% 0.6%
Asian 1.3% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 3.5% 2.8%
Hispanic 10.8% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Speedway USA
Less than $10,000 6.7% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 9.3% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 21.9% 12.0%
$50,000 to $74,999 20% 17.2%
$75,000 to $99,999 10.2% 12.8%
$100,000 to $149,999 12.8% 15.6%
$150,000 to $199,999 2.8% 7.1%

EDUCATION

Education Speedway USA
< 9th Grade 2% 5.0%
9-12th Grade 8% 7.0%
High School or GED 27% 27.0%
Other College 21% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 21% 20.0%
Master's Degree 8% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
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. 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.

Cost of living in Speedway is 88, which is 12% lower than national average. In Speedway, only 32% of adults have a bachelor's degree and 31% have some college but no degree. 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.
Speedway Scorecard

Jobs60%

Housing70%

Affordability60%

Safety85%

Amenities85%

Diversity90%

Education80%

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