Indiana / Marion County

Moving to Speedway, IN

Thinking of making a move to Speedway, 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 Speedway, IN

Considering a move to Speedway, IN? This welcoming community of 11,700 residents offers a blend of suburban charm and convenience, with median home prices around $205,000 and average rents near $1,250. Commute times average 24 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Speedway's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Speedway, IN

Speedway has a population of 11,700 residents, offering a diverse community with a median age of nearly 38 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 77% White, 11% Black, and 3% Asian residents, and over 9% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
11,700
Density
3,100 per sq mi
Median Age
37.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
8.7%

Ethnic Composition

White
76.5%
Black
10.8%
Asian
2.6%
Others
10.1%

Cost Of Living

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

The cost of living in Speedway is higher than the national average, with a cost of living index of 89.4. Median home values are around $205,000 and average rents for a two-bedroom apartment are approximately $1,250. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$205,000
Gross Rent
$1,250
Monthly Electricity Charges
$126
Auto Insurance
$1,720
House Owner Cost With Mortgage
$1,610
House Owner Cost Without Mortgage
$540
State Taxes
Low: 3.15%| High: 3.15%
Cost Of Living Index
89.4
Grocery
95.8
Housing
77.6
Utilities
97.2
Transportation
96.1
Health Care
92.4
Miscellaneous
90.7

Crime

Is Speedway, IN a safe place to live?

Speedway is considered a safe community, with a low violent crime rate of 232 incidents per 100,000 residents and a property crime chance of 1 in 62. 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
232
Property Crimes Per 100k
1,610
Crime Index
1,842
Chance Of Violent Crime
1 in 431
Chance Of Property Crime
1 in 62

Weather

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

Speedway experiences four distinct seasons, with warm summers reaching highs of 85°F and cold winters dipping to 22°F. The area receives about 42 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
22°F
Max
40°F

Summer

Min
66°F
Max
85°F

Spring

Min
43°F
Max
68°F

Fall

Min
46°F
Max
70°F
Average Rainfall Inches
42.0 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $78,800 and a low poverty rate of 9.1%. Over 92% of residents have at least a high school diploma, and nearly 30% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 4% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$52,500
Household Income
$78,800
Family Income
$92,500
Per Capita Income
$36,800
Income Male
$45,900
Income Female
$36,700
Poverty Rate
9.1%
Non English Speakers
10.8%
Rent
$1,250
Unemployment Rate
4.1%
Public Transport Usage
3.8%
Commute Time
23.8 minutes

Education

High School or Higher
92.1%
Bachelors or More
30.4%

Education

How are the schools in Speedway, IN?

Speedway offers quality education options, with public schools like Speedway Junior High School and Speedway Senior High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Indiana University Indianapolis and Ivy Tech Community College - Indianapolis. The community is committed to educational excellence for all age groups.

Public Schools

Name
Speedway Junior High School
Street
5157 W 14th St
Phone
317-244-8000
Students
420
Student Teacher Ratio
12.8
Name
Speedway Senior High School
Street
5357 W 25th St
Phone
317-244-7238
Students
450
Student Teacher Ratio
13.1

Private Schools

Name
St. Christopher School
Street
5301 W 16th St
Phone
317-244-5712
Students
240

Colleges

Name
Indiana University Indianapolis
City
Indianapolis
State
IN
Distance
6 miles
Students
28,000
Name
Ivy Tech Community College - Indianapolis
City
Indianapolis
State
IN
Distance
7 miles
Students
22,000

Healthcare

Speedway residents have access to quality healthcare, with major hospitals like Ascension St. Vincent Hospital - Indianapolis and IU Health Methodist Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.5 per 1,000 people and 91.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Ascension St. Vincent Hospital - Indianapolis
Address
2001 W 86th St, Indianapolis, IN 46260
Phone
(317) 338-2345
Type
General & Surgical
Emergency Services
Yes
Name
IU Health Methodist Hospital
Address
1701 N Senate Blvd, Indianapolis, IN 46202
Phone
(317) 962-2000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.5
Health Insurance Coverage
91.4%
Health Care Index
72.8

Housing Market

What is the housing market like in Speedway, IN?

The local housing market is strong, with a median home price of $205,000 and an owner-occupied rate of nearly 63%. The market has seen a 4.9% appreciation over the past year, and rental vacancy rates remain moderate at 5.8%. Speedway offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$205,000
Average Rent For 2 Bedroom
$1,250
Owner Occupied Rate
62.8%
Rental Vacancy Rate
5.8%
Home Appreciation Rate (1yr)
4.9%
New Construction Rate
1.3%
Foreclosure Rate
0.4%

DMV Information

Residents of Speedway 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
(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 Speedway, IN

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

Before moving to Speedway, review the core fields on this page: population 11,700, median home value $205,000, average rent for 2 bedroom $1,250, commute time 23.8 minutes, and sunny days percentage 54%.

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