Speedway, Indiana Population 2024

13,441

Speedway is a city located in Marion County Indiana. Speedway has a 2024 population of 13,441. Speedway is currently declining at a rate of -0.94% annually and its population has decreased by -3.64% since the most recent census, which recorded a population of 13,949 in 2020.

The average household income in Speedway is $71,665 with a poverty rate of 17.21%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Speedway is 34.2 years, 34.2 years for males, and 34.2 years for females.

Speedway Demographics

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

  • White: 59.59%
  • Black or African American: 29.58%
  • Other race: 5.45%
  • Two or more races: 4.84%
  • Asian: 0.39%
  • Native American: 0.15%
  • Native Hawaiian or Pacific Islander: 0%
State
Indiana
Land Area (mi²)
4.8 sq mi
Density (mi²)
2,828.0/sq mi
Growth Since 2020
-3.64% (-508)
The current population of Speedway, Indiana is 13,441 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 13,949.

Speedway, Indiana Population 2024

Population by Race

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Race
Population
Percentage (of total)
White8,13159.59%
Black or African American4,03729.58%
Other race7445.45%
Two or more races6614.84%
Asian530.39%
Native American200.15%
Native Hawaiian or Pacific Islander00%

White

Black or African American

Other race

Two or more races

Asian

Native American

Native Hawaiian or Pacific Islander

Speedway Population by Race

Speedway Population Pyramid 2024

Speedway Median Age

34.2

Total

34.2

Male

34.2

Female

Speedway Adults

There are 9,999 adults, (1,837 of whom are seniors) in Speedway.

Speedway Age Dependency

67.2

Age Dependency Ratio

22.5

Old Age Dependency Ratio

44.7

Child Dependency Ratio

Speedway Sex Ratio

Female6,88950.48%
Male6,75749.52%

Speedway Population by Age

Speedway Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All5,9322.345.654.4
Non Family2,8051.1337.362.7
Married2,1093.4864.435.6
Female7933.1430.569.5
Male2252.9126.273.8

3.28

Average Family Size

2.3

Average Household Size

45.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Speedway Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Speedway Educational Attainment by Sex (over 25)

Speedway Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among white people with a rate of 93.14%.

The highest rate of bachelors degrees is among asian people with a rate of 42.31%.

Speedway Educational Attainment by Race

All

Male

Female

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$43,730

Average Earnings

$49,989

Average Male

$36,689

Average Female

Speedway Earnings by Educational Attainment

Speedway Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Speedway Language

82.17% of Speedway residents speak only English, while 17.83% speak other languages. The non-English language spoken by the largest group is Other languages, which is spoken by 7.61% of the population.

Speedway Language

Speedway Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black4,0371,38334.26%
White7,7365447.03%
Hispanic1,18540033.76%
Other74419626.34%
Asian531935.85%

17.21%

Overall Poverty Rate

14.07%

Male Poverty Rate

20.29%

Female Poverty Rate

Poverty in Speedway

The race most likely to be in poverty in Speedway is Asian, with 35.85% below the poverty level.

The race least likely to be in poverty in Speedway is White, with 7.03% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.63%. Among those working part-time, it was 23.53%, and for those that did not work, the poverty rate was 24.31%.

Speedway Poverty

rate

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Rate
Poverty
Less Than 9th Grade29.2%
High School13.72%
Some College10.44%
Bachelors or Greater6.89%

Speedway Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed64.39%
Female Unemployed48.45%
Female Employed9.19%
Male Employed4.98%

Speedway Poverty Rate by Employment Status and Sex

Speedway Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Speedway Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

43.2%

Overall Marriage Rate

44.1%

Male Marriage Rate

42.3%

Female Marriage Rate

Speedway Married by Age and Sex

male

female

Speedway Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Speedway Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Speedway Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

618

Number of Veterans

609

Male Veterans

9

Female Veterans

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Speedway Veterans by War

count

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Speedway Veterans by Age

count

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Speedway Veterans by Race

Speedway Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

3.88%

Veteran Poverty Rate

49.51%

Veteran Disability Rate

Speedway Veterans by Education

LaborForceParticipation

69%

Labor Force Participation

64.9%

Employment Rate

5.2%

Unemployment Rate

Speedway Employment by Age

LaborForceParticipation

Speedway Employment by Race

LaborForceParticipation

Speedway Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

65.28%

Born in Speedway

84.68%

Native Born

15.32%

Foreign Born

12.77%

Non Citizen

2.54%

Naturalized

Place of Birth

84.68% of Speedway residents were born in the United States, with 65.28% having been born in Indiana. 12.77% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Africa.

Speedway Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202912,806-127-0.98%
202812,933-127-0.97%
202713,060-127-0.96%
202613,187-127-0.95%
202513,314-127-0.94%
202413,441-127-0.94%
202313,568-127-0.93%
202213,695-103-0.75%
202113,798-151-1.08%
202013,9491,75914.43%
201912,190-18-0.15%
201812,208470.39%
201712,161120.1%
201612,149150.12%
201512,134140.12%
201412,120390.32%
201312,0811301.09%
201211,951750.63%
201111,876460.39%
201011,83000%
200012,881-211-1.61%
199013,0924513.57%
198012,641-1,882-12.96%
197014,5234,89950.9%
19609,6244,12675.05%
19505,498-7,308-57.07%
showing: 26 rows

Speedway Population by Year