Indiana / Clark County

Moving to Speed, IN

Thinking of making a move to Speed, IN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Speed, IN

Considering a move to Speed, IN? This welcoming community of 290 residents offers a blend of suburban charm and convenience, with median home prices around $174,000 and average rents near $950. Commute times average 25 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (58% annually), ideal for families and commuters alike. Explore Speed's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Speed, IN

Speed has a population of 290 residents, offering a diverse community with a median age of nearly 42 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 93% White, 2% Black, and 1% Asian residents, and over 4% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
290
Density
190 per sq mi
Median Age
42.1
Gender Ratio
97 males per 100 females
Non-English Speakers Percentage
3.5%

Ethnic Composition

White
93.2%
Black
1.6%
Asian
0.7%
Others
4.5%

Cost Of Living

What is the average cost of living in Speed, IN?

The cost of living in Speed is higher than the national average, with a cost of living index of 83.2. Median home values are around $174,000 and average rents for a two-bedroom apartment are approximately $950. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$174,000
Gross Rent
$950
Monthly Electricity Charges
$130
Auto Insurance
$1,120
House Owner Cost With Mortgage
$1,120
House Owner Cost Without Mortgage
$440
State Taxes
Low: 3.23%| High: 3.23%
Cost Of Living Index
83.2
Grocery
89.1
Housing
67.0
Utilities
99.8
Transportation
94.3
Health Care
92.1
Miscellaneous
88.5

Crime

Is Speed, IN a safe place to live?

Speed is considered a safe community, with a low violent crime rate of 110 incidents per 100,000 residents and a property crime chance of 1 in 70. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Indiana.

Violent Crimes Per 100k
110
Property Crimes Per 100k
1,420
Crime Index
1,530
Chance Of Violent Crime
1 in 910
Chance Of Property Crime
1 in 70

Weather

What is the weather like in Speed, IN year-round?

Speed experiences four distinct seasons, with warm summers reaching highs of 87°F and cold winters dipping to 24°F. The area receives about 44 inches of rainfall annually and enjoys sunshine on 58% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
24°F
Max
41°F

Summer

Min
66°F
Max
87°F

Spring

Min
45°F
Max
68°F

Fall

Min
46°F
Max
70°F
Average Rainfall Inches
44.1 inches
Sunny Days Percentage
58%

Neighbors

The neighborhood boasts a healthy median household income of $64,200 and a low poverty rate of 11.5%. Over 92% of residents have at least a high school diploma, and nearly 19% hold a bachelor's degree or higher. Commute times average 25 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$34,600
Household Income
$64,200
Family Income
$76,300
Per Capita Income
$29,400
Income Male
$43,800
Income Female
$36,200
Poverty Rate
11.5%
Non English Speakers
3.5%
Rent
$950
Unemployment Rate
3.5%
Public Transport Usage
0.2%
Commute Time
24.7 minutes

Education

High School or Higher
91.8%
Bachelors or More
18.7%

Education

How are the schools in Speed, IN?

Speed offers quality education options, with public schools like Silver Creek Primary School and Silver Creek High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Indiana University Southeast and Jefferson Community and Technical College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Silver Creek Primary School
Street
8604 Commerce Park Dr
Phone
812-246-7440
Students
700
Student Teacher Ratio
17.8
Name
Silver Creek High School
Street
557 Renz Ave
Phone
812-246-3391
Students
960
Student Teacher Ratio
17.1

Private Schools

Name
Sacred Heart Catholic School
Street
1842 E 8th St, Jeffersonville, IN 47130
Phone
812-283-3123
Students
210

Colleges

Name
Indiana University Southeast
City
New Albany
State
IN
Distance
8 miles
Students
4,800
Name
Jefferson Community and Technical College
City
Louisville
State
KY
Distance
12 miles
Students
11,000

Healthcare

Speed residents have access to quality healthcare, with major hospitals like Clark Memorial Health nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 91.3% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Clark Memorial Health
Address
1220 Missouri Ave, Jeffersonville, IN 47130
Phone
(812) 282-6631
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
91.3%
Health Care Index
76.4

Housing Market

What is the housing market like in Speed, IN?

The local housing market is strong, with a median home price of $174,000 and an owner-occupied rate of nearly 72%. The market has seen a 5.3% appreciation over the past year, and rental vacancy rates remain moderate at 7.2%. Speed offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$174,000
Average Rent For 2 Bedroom
$950
Owner Occupied Rate
71.8%
Rental Vacancy Rate
7.2%
Home Appreciation Rate (1yr)
5.3%
New Construction Rate
1.2%
Foreclosure Rate
0.8%

DMV Information

Residents of Speed handle vehicle services through the Indiana Bureau of Motor Vehicles, conveniently located in Indianapolis. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Indiana
Department
Indiana Bureau of Motor Vehicles
Address
100 N. Senate Ave., Indianapolis, IN 46204
Phone
1-888-692-6841

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Speed, IN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Speed, review the core fields on this page: population 290, median home value $174,000, average rent for 2 bedroom $950, commute time 24.7 minutes, and sunny days percentage 58%.

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