How many renters in Speedway, IN pay more than 30% of their income on rent?

45.5% (±7.9 points) of renting households in Speedway, IN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

39.7% spend 35% or more.

The median renting household spends 28.8% of its income on rent.

Figures last updated on .

Paying 30% or more
45.5% (±7.9 points)
Paying 35% or more
39.7% (±7.1 points)
Median share of income
28.8% (±1.8 points)

Rent as a share of income in Speedway

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentSpeedwayMarion CountyIndianaUnited States
Less than 15%13.8% (±6.1 points)11.9%14.1%12.6%
15% to 19.9%9.0% (±4.1 points)12.3%13.6%12.2%
20% to 24.9%13.0% (±5.1 points)13.3%12.9%12.6%
25% to 29.9%18.8% (±9.1 points)11.6%11.4%11.5%
30% to 34.9%5.8% (±3.5 points)9.2%9.2%9.2%
35% or more39.7% (±7.1 points)41.7%38.9%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Speedway against Marion County, its state and the nation

Estimate (90% margin of error)
SpeedwayMarion CountyIndianaUnited States
Paying 30% or more45.5% (±7.9 points)50.9% (±1.4 points)48.1% (±0.6 points)51.1%
Paying 35% or more39.7% (±7.1 points)41.7% (±1.1 points)38.9% (±0.5 points)41.9%
Median share of income28.8% (±1.8 points)30.5% (±0.7 points)29.1% (±0.3 points)30.6%
Median renter household income$47,162 (±$3,402)$45,770 (±$1,355)$42,811 (±$480)$52,966
Median gross rent$1,141 (±$35)$1,153 (±$10)$1,062 (±$5)$1,413

In Speedway, the share of renters paying 30% or more of income is not measurably different from Marion County (50.9%).

It is not measurably different from Indiana (48.1%).

It is not measurably different from the national figure (51.1%).

In Marion County, Speedway ranks 17 of 23 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 597 of 1,492.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Speedway

Nearest places with a published estimate, compared with Speedway
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Speedway—45.5% (±7.9 points)—
Wayne Township (Marion County)1.8 mi50.2% (±3.6 points)Not measurably different
Wynnedale3.7 mi0.0% (±141.4 points)Not measurably different
Spring Hill4.1 mi100.0% (±141.4 points)Not measurably different
Clermont4.2 mi22.2% (±49.5 points)Not measurably different
Rocky Ripple5.5 mi49.0% (±23.7 points)Not measurably different
Indianapolis5.5 mi50.7% (±1.4 points)Not measurably different
Pike Township (Marion County)5.8 mi43.0% (±5.3 points)Not measurably different
Center Township (Marion County)5.9 mi51.3% (±2.7 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Marion County, place by place

RankPlaceRenters paying 30% or more of income
11Indianapolis50.7% (±1.4 points)
12Wayne Township (Marion County)50.2% (±3.6 points)
13Lawrence Township49.3% (±5.3 points)
14Washington Township (Marion County)49.1% (±3.5 points)
15Rocky Ripple49.0% (±23.7 points)
16Franklin Township (Marion County)48.6% (±12.1 points)
17Speedway45.5% (±7.9 points)
18Pike Township (Marion County)43.0% (±5.3 points)
19Southport36.6% (±19.8 points)
20Clermont22.2% (±49.5 points)
21 (tie)Homecroft0.0% (±141.4 points)
21 (tie)Meridian Hills0.0% (±106.2 points)
21 (tie)Wynnedale0.0% (±141.4 points)

Showing 13 of 23 places in Marion County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Speedway

Are renters in Speedway rent-burdened?

45.5% of renting households in Speedway pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Speedway spend on rent?

The median renting household in Speedway, IN spends 28.8% (±1.8 points) of its household income on gross rent.

Sources

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) and detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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 .

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