Speedway, Indiana Median Income

Speedway, Indiana has a population of 11,900, with a median household income of $52,400.

Current median income data for Speedway.

$52,400

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Population

11,900

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Median Income

$52,400

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Unemployment

4.50%

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Housing Price

$185,000

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Crime Rate

32.40

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Internet Speed

1000.00 Mbps

Speedway is a small local community located in Indiana. The city has a population that is above the average city population in Indiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Indiana, Speedway provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Speedway has a population of 11,900, which is higher than the state average. This indicates a relatively larger urban presence within Indiana.

Income and Economy

The median household income in Speedway is $52,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Speedway is about $185,000, making it relatively affordable compared to many cities in Indiana.

Employment and Safety

The unemployment rate in Speedway is 4.50%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Speedway are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Indiana, Speedway shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Speedway continues to play a role in shaping regional trends in Indiana, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Speedway

What is the population of Speedway?

The population of Speedway is approximately 11,900.

Is Speedway a good place to live?

Speedway offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Speedway?

The median household income in Speedway is around $52,400.

How expensive is housing in Speedway?

The average housing price in Speedway is approximately $185,000.