What percentage of people rent in Speedway, IN?

54.8% (±4.8 points) of the occupied homes in Speedway, IN are rented (2020–2024 American Community Survey).

That is 3,343 renting households against 2,752 that own their home.

In Speedway, the share of households that rent went from 54.6% in 2015–2019 to 54.8% in 2020–2024 (+0.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
54.8% (±4.8 points)
Renting households
3,343 (±404)
Median renter income
$47,162 (±$3,402)

Who rents and who owns in Speedway

Tenure, estimate (90% margin of error)
SpeedwayMarion CountyIndianaUnited States
Renter-occupied share54.8% (±4.8 points)43.5% (±0.7 points)29.4% (±0.3 points)34.8%
Renting households3,343 (±404)173,991 (±3,120)799,766 (±7,038)45,017,354
Owning households2,752 (±291)226,441 (±2,971)1,916,243 (±9,865)84,210,142
Average renter household size2.3 (±0.3)2.2 (±0.0)2.2 (±0.0)2.3
Average owner household size2.2 (±0.2)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$47,162 (±$3,402)$45,770 (±$1,355)$42,811 (±$480)$52,966
Median owner household income$83,409 (±$10,155)$88,581 (±$1,414)$87,459 (±$395)$100,009

In Speedway, the renter share is higher than in Marion County (43.5%).

It is also higher than in Indiana (29.4%).

It is higher than the national figure (34.8%).

In Marion County, Speedway ranks 2 of 25 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 19 of 1,600.

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

How renting in Speedway has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent54.6% (±3.5 points)54.8% (±4.8 points)+0.2 percentage pointsNot a measurable change
Median gross rent$826 (±$42)$1,141 (±$35)+38.1%Up after inflation
Median household income$42,188 (±$4,480)$60,147 (±$4,988)+42.6%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.

Households that rent in places near Speedway

Nearest places with a published estimate, compared with Speedway
PlaceDistanceHouseholds that rentCompared with this place
Speedway—54.8% (±4.8 points)—
Wayne Township (Marion County)1.8 mi48.9% (±1.8 points)Lower
Wynnedale3.7 mi1.0% (±2.5 points)Lower
Spring Hill4.1 mi2.2% (±6.1 points)Lower
Clermont4.2 mi14.2% (±7.3 points)Lower
Rocky Ripple5.5 mi18.0% (±7.4 points)Lower
Indianapolis5.5 mi44.0% (±0.7 points)Lower
Pike Township (Marion County)5.8 mi44.1% (±2.3 points)Lower
Center Township (Marion County)5.9 mi54.2% (±1.5 points)Not measurably different

Nearby places with a measurably lower figure: Wayne Township (Marion County), IN (48.9%), Wynnedale, IN (1.0%), Spring Hill, IN (2.2%).

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

Households that rent across Marion County, place by place

RankPlaceHouseholds that rent
1Warren Park62.0% (±8.2 points)
2Speedway54.8% (±4.8 points)
3Center Township (Marion County)54.2% (±1.5 points)
4Wayne Township (Marion County)48.9% (±1.8 points)
5Pike Township (Marion County)44.1% (±2.3 points)
6Indianapolis44.0% (±0.7 points)
7Beech Grove43.8% (±6.1 points)
8Washington Township (Marion County)43.2% (±1.6 points)

Showing 8 of 25 places in Marion County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Speedway

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Questions about Speedway

How many renters are there in Speedway?

Speedway has an estimated 3,343 (±404) renting households, 54.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Speedway?

In Speedway, the share of households that rent went from 54.6% in 2015–2019 to 54.8% in 2020–2024 (+0.2 percentage points), not a measurable change.

How big are renting households in Speedway?

A renting household in Speedway has 2.3 people on average, against 2.2 in an owned home.

How much do renters earn in Speedway?

The median renting household in Speedway, IN has an income of $47,162 (±$3,402) a year, against $83,409 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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