Is Speedway, IN growing?
Speedway, IN had an estimated 13,968 (±267) residents in 2020–2024, against 12,266 in 2015–2019.
That is a change of +13.9%, a measurable increase.
Its housing went from 5,861 to 6,546 homes (+11.7%), a measurable increase.
0.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 13,968 (±267)
- Amount of change
- +13.9%
- Homes change
- +11.7%
- Built 2020 or later
- 0.1%
Residents and homes in Speedway, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 12,266 (±179) | 13,968 (±267) | +13.9% | Measurable increase |
| Housing units | 5,861 (±345) | 6,546 (±403) | +11.7% | Measurable increase |
| Households that rent | 54.6% (±3.5 points) | 54.8% (±4.8 points) | +0.2 percentage points | Not a measurable change |
| Median gross rent | $826 (±$42) | $1,141 (±$35) | +38.1% | Up after inflation |
| Median home value | $122,000 (±$3,444) | $228,600 (±$7,115) | +87.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Speedway against Marion County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Speedway | +13.9% | Measurable increase | +11.7% |
| Marion County | +2.5% | Measurable increase | +4.2% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Speedway
| Year built | Speedway | Marion County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.1% (±0.1 points) | 1.1% | 1.7% | 2.0% |
| 2010 to 2019 | 2.0% (±0.9 points) | 6.6% | 8.0% | 9.4% |
| 2000 to 2009 | 9.0% (±4.4 points) | 10.4% | 12.3% | 13.6% |
2.1% of the homes in Speedway were built in 2010 or later.
The median age of residents is 34.5 years.
Growth in places near Speedway
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Speedway | — | 13,968 | +13.9% | Measurable increase |
| Wayne Township (Marion County) | 1.8 mi | 148,293 | +2.9% | Measurable increase |
| Wynnedale | 3.7 mi | 210 | +18.6% | Not a measurable change |
| Spring Hill | 4.1 mi | 74 | +7.2% | Not a measurable change |
| Clermont | 4.2 mi | 1,468 | +3.3% | Not a measurable change |
| Rocky Ripple | 5.5 mi | 631 | −2.5% | Not a measurable change |
| Indianapolis | 5.5 mi | 885,860 | +2.5% | Measurable increase |
| Pike Township (Marion County) | 5.8 mi | 83,009 | +0.8% | Measurable increase |
| Center Township (Marion County) | 5.9 mi | 152,977 | +2.0% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Speedway
Is Speedway growing?
Speedway, IN had an estimated 13,968 residents in 2020–2024 and 12,266 in 2015–2019, a change of +13.9%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Speedway?
The estimated number of housing units went from 5,861 in 2015–2019 to 6,546 in 2020–2024 (+11.7%), a measurable increase.
How much new construction is there in Speedway?
0.1% of homes in Speedway were built in 2020 or later and 2.0% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Speedway town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Speedway town, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Speedway town, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Speedway town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Speedway town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Speedway town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Speedway town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Speedway town, Indiana (place:71828, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Speedway at a glance
- Median rent in Speedway
- Rent by bedrooms in Speedway
- Rent burden in Speedway
- Renters and owners in Speedway
- Income and affordability in Speedway
- Home values in Speedway
- Homeowner costs in Speedway
- Property taxes in Speedway
- Types of homes in Speedway
- Bedrooms in Speedway
- Age of homes in Speedway
- Vacancy rate in Speedway
- Heating fuel in Speedway
- Commute and cars in Speedway
- Crime reported to police in Speedway
- How long people stay in Speedway
- Crowding and facilities in Speedway
- Fair Market Rent in Speedway
- Indiana landlord and tenant rules
- Housing across Marion County
- Housing data for every place in Indiana