Speedway, Indiana Population 2020

12,171

Speedway is a city located in Indiana. With a 2020 population of 12,171, it is the 68th largest city in Indiana and the 2688th largest city in the United States. Speedway is currently growing at a rate of 0.05% annually and its population has increased by 3.04% since the most recent census, which recorded a population of 11,812 in 2010. Speedway reached it's highest population of 14,523 in 1970. Spanning over 5 miles, Speedway has a population density of 2,561 people per square mile.

The average household income in Speedway is $54,087 with a poverty rate of 19.25%. The median rental costs in recent years comes to $770 per month, and the median house value is $119,400. The median age in Speedway is 34 years, 33.7 years for males, and 34.2 years for females. For every 100 females there are 83.9 males.

Speedway Demographics

According to the most recent ACS, the racial composition of Speedway was:

  • White: 63.87%
  • Black or African American: 25.43%
  • Two or more races: 4.28%
  • Asian: 3.28%
  • Other race: 2.81%
  • Native Hawaiian or Pacific Islander: 0.20%
  • Native American: 0.12%
The current population of Speedway, Indiana is 12,171, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 12,159.The last official US Census in 2010 recorded the population at 11,812.

Speedway, Indiana Population 2020

Population by Race

Race Population Percentage
White7,78463.87%
Black or African American3,10025.43%
Two or More Races5224.28%
Asian4003.28%
Some Other Race3432.81%
Native Hawaiian and Other Pacific Islander240.20%
American Indian and Alaska Native150.12%

Speedway Population Pyramid 2020

Speedway Median Age

34


Total

33.7


Male

34.2


Female

Speedway Adults

There are 9,215 adults, (1,790 of whom are seniors) in Speedway.

Speedway Age Dependency

64.1

Age Dependency Ratio

24.1

Old Age Dependency Ratio

40

Child Dependency Ratio

Speedway Sex Ratio

Female

6,628

54.38%

Male

5,560

45.62%

Speedway Households and Families

Speedway Renter vs Owner Occupied by Household Type

Speedway Household Types

Type Owner Renter
Married74%26%
All46.2%53.8%
Non Family34.3%65.7%
Male28.7%71.3%
Female28%72%

46.2%

Rate of Home Ownership

Type Count Average Size Owned
All5,1862.3546.2
Non Family2,3151.1934.3
Married1,7273.3174
Female8763.0428
Male2683.928.7

3.19

Average Family Size

2.35

Average Household Size

4%

Unmarried (Opposite Sex)

0.1%

Unmarried (Same Sex)

Speedway Education

Education Attained Count Percentage
Less Than 9th Grade3083.86%
9th to 12th Grade7148.95%
High School Graduate1,95324.47%
Some College1,74121.81%
Associates Degree7128.92%
Bachelors Degree1,64620.62%
Graduate Degree90711.36%

Speedway Educational Attainment by Race

Name Total High School Bachelors
White5,3694,8471,802
Black1,6041,449516
Hispanic59335058
Asian21412599
Multiple Races20419178
Other Race19110213
Native American15

The highest rate of high school graduation is among multiple races people with a rate of 93.63%.

The highest rate of bachelors degrees is among asian people with a rate of 46.26%.

Name Average Male Female
Overall$36,256$40,715$30,052
Less Than High School$29,028$31,406$21,034
High School Grad$26,658$29,688$25,364
Some College$31,875$39,817$27,951
Bachelors Degree$41,862$50,548$40,000
Graduate Degree$53,542$54,063$46,875

$36,256

Average Earnings

$40,715

Average Male

$30,052

Average Female

Speedway Language

Speedway Language by Age

Speedway Language

81.53% of Speedway residents speak only English, while 18.47% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 8.35% of the population.

Speedway Poverty

Speedway Poverty by Race

Name Total In Poverty Poverty Rate
White7,12490212.66%
Black3,09180125.91%
Hispanic1,00048948.90%
Other30111437.87%
Multiple5227414.18%
Asian4006315.75%

19.25%

Overall Poverty Rate

18.72%

Male Poverty Rate

19.69%

Female Poverty Rate

Poverty in Speedway

The race most likely to be in poverty in Speedway is Hispanic, with 48.90% below the poverty level.

The race least likely to be in poverty in Speedway is White, with 12.66% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 3.48%. Among those working part-time, it was 25.91%, and for those that did not work, the poverty rate was 29.33%.

Name Poverty
Less Than High School31.90%
Some College19.20%
High School14.75%
Bachelors or Greater7.44%
Name Poverty
Male Unemployed60.89%
Female Unemployed42.41%
Female Employed12.92%
Male Employed6.12%

Speedway Income

Speedway Income by Household Type

Name Median Mean
Households$41,325$54,087
Families$58,299$67,282
Married Families$81,212-
Non Families$30,239$36,280

Speedway Marital Status

Speedway Marital Status

Marriage Rates

40.3%

Overall Marriage Rate

41.6%

Male Marriage Rate

39.2%

Female Marriage Rate

Speedway Married by Age and Sex

Speedway Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

Speedway Marital Status by Race

Speedway Veterans

559

Number of Veterans

546

Male Veterans

13

Female Veterans

War Veterans
Vietnam185
Second Gulf War92
Korea66
First Gulf War43
World War II17
Age Group Veterans
75+159
65 to 74144
55 to 64101
35 to 5496
18 to 3459
Name Veterans % of Total
White4717.37%
Black582.80%
2 or More3011.58%
Hispanic121.68%

$Speedway Veterans by Education

8.59%

Veteran Poverty Rate

40.07%

Veteran Disability Rate

Speedway Employment Status

65.8%

Labor Force Participation

61.8%

Employment Rate

6%

Unemployment Rate

Speedway Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

63.20%

Born in Indiana

83.39%

Native Born

16.61%

Foreign Born

12.39%

Non Citizen

Place of Birth

83.39% of Speedway residents were born in the United States, with 63.20% having been born in Indiana. 12.39% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Africa.

Year Population Growth Annual Growth Rate
202012,17160.05%
201912,16560.05%
201812,159200.16%
201712,13960.05%
201612,133120.10%
201512,121140.12%
201412,107400.33%
201312,0671271.06%
201211,940770.65%
201111,863440.37%
201011,819-1,062-0.86%
200012,881-211-0.16%
199013,0924510.35%
198012,641-1,882-1.38%
197014,5234,8994.20%
19609,6244,1265.76%
19505,4980.00%