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
| Speedway | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 54.8% (±4.8 points) | 43.5% (±0.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 3,343 (±404) | 173,991 (±3,120) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 2,752 (±291) | 226,441 (±2,971) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.2 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Speedway | — | 54.8% (±4.8 points) | — |
| Wayne Township (Marion County) | 1.8 mi | 48.9% (±1.8 points) | Lower |
| Wynnedale | 3.7 mi | 1.0% (±2.5 points) | Lower |
| Spring Hill | 4.1 mi | 2.2% (±6.1 points) | Lower |
| Clermont | 4.2 mi | 14.2% (±7.3 points) | Lower |
| Rocky Ripple | 5.5 mi | 18.0% (±7.4 points) | Lower |
| Indianapolis | 5.5 mi | 44.0% (±0.7 points) | Lower |
| Pike Township (Marion County) | 5.8 mi | 44.1% (±2.3 points) | Lower |
| Center Township (Marion County) | 5.9 mi | 54.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Warren Park | 62.0% (±8.2 points) |
| 2 | Speedway | 54.8% (±4.8 points) |
| 3 | Center Township (Marion County) | 54.2% (±1.5 points) |
| 4 | Wayne Township (Marion County) | 48.9% (±1.8 points) |
| 5 | Pike Township (Marion County) | 44.1% (±2.3 points) |
| 6 | Indianapolis | 44.0% (±0.7 points) |
| 7 | Beech Grove | 43.8% (±6.1 points) |
| 8 | Washington 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Speedway town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 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 Household Income (B19013), 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) 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.
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 .
Related
- Housing in Speedway at a glance
- Median rent in Speedway
- Rent by bedrooms in Speedway
- Rent burden 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
- Population growth 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
- Indiana places ranked by share of renters
- Housing data for every place in Indiana