Population 135 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Speed
Household size in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 2.44 | 2.55 | 2.68 |
| 2010–14 | 2.14 | 2.58 | 2.73 |
| 2015–19 | 2.71 | 2.58 | 2.71 |
| 2020–24 | 1.96 | 2.56 | 2.65 |
| Change | −0.48 | +0.00 | −0.03 |
Households in Speed are small: just 1.96 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.44 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 33.7 | 38.2 | 37.7 |
| 2010–14 | 49.2 | 39.1 | 38.6 |
| 2015–19 | 44.3 | 40.1 | 39.6 |
| 2020–24 | 63.9 | 40.2 | 40.1 |
| Change | +30.1 | +2.0 | +2.3 |
Speed skews older: half of its residents are older than 63.9, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 3.3% | 12.5% | 12.3% |
| 2010–14 | 3.5% | 12.5% | 12.3% |
| 2015–19 | 1.6% | 11.8% | 11.6% |
| 2020–24 | 5.8% | 12.2% | 11.6% |
| Change | +2.5 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in Speed: 5.8% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Speed
Renters in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 42.8% | 28.9% | 33.3% |
| 2010–14 | 21.1% | 30.8% | 35.6% |
| 2015–19 | 7.5% | 31.2% | 36.0% |
| 2020–24 | 6.4% | 29.8% | 34.8% |
| Change | −36.4 pts | +0.9 pts | +1.5 pts |
Only 6.4% of households in Speed rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 71.6% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 50.6% | 14.0% | 11.4% |
| 2010–14 | 45.9% | 14.6% | 11.4% |
| 2015–19 | 52.5% | 15.7% | 11.1% |
| 2020–24 | 45.4% | 13.5% | 9.6% |
| Change | −5.1 pts | −0.5 pts | −1.8 pts |
Vacancy is high in Speed: 45.4% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 1976 | 1980 | 1974 |
| 2010–14 | 1989 | 1982 | 1975 |
| 2015–19 | 1988 | 1983 | 1977 |
| 2020–24 | 1984 | 1986 | 1980 |
| Change | +8 | +6 | +6 |
Homes in Speed are a bit newer than the national norm: the median home was built in 1984, versus 1980 across the U.S. The picture is much the same across Alabama.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | $486 | $716 | $965 |
| 2010–14 | $324 | $785 | $1,040 |
| 2015–19 | $362 | $858 | $1,213 |
| 2020–24 | $710 | $1,091 | $1,571 |
| Change | +$224 | +$375 | +$606 |
The median renter in Speed pays $710 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 40.5% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Speed
Bachelor's degrees in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 22.2% | 23.3% | 28.4% |
| 2010–14 | 12.6% | 24.3% | 29.6% |
| 2015–19 | 16.0% | 26.2% | 32.1% |
| 2020–24 | 23.3% | 29.0% | 35.6% |
| Change | +1.1 pts | +5.7 pts | +7.2 pts |
Fewer adults in Speed have a four-year degree than in the country as a whole: 23.3%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 81.6% | 82.3% | 84.9% |
| 2010–14 | 81.6% | 84.3% | 86.1% |
| 2015–19 | 94.8% | 86.4% | 87.7% |
| 2020–24 | 96.9% | 88.7% | 89.3% |
| Change | +15.3 pts | +6.4 pts | +4.3 pts |
High school completion is high in Speed: 96.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Speed
| Period | Speed | Alabama | U.S. |
|---|---|---|---|
| 2006–10 | 9.3% | 8.6% | 8.1% |
| 2010–14 | 16.1% | 10.2% | 9.4% |
| 2015–19 | 4.7% | 6.1% | 5.6% |
| 2020–24 | 0.0% | 4.9% | 5.4% |
| Change | −9.3 pts | −3.7 pts | −2.7 pts |
The survey found almost no one in Speed out of work and looking, against 5.4% of the labor force nationally. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Speed compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Speed | 1.96 | 63.9 | 5.8% | 6.4% | 45.4% | 1984 | $710 | 23.3% | 96.9% | 0.0% |
| Hissop | 2.10 | 57.1 | 7.5% | 11.8% | 33.7% | 1985 | $736 | 18.6% | 91.1% | 4.9% |
| Lightwood | 2.78 | 41.4 | 5.7% | 12.8% | 24.7% | 1999 | $841 | 21.3% | 92.0% | 0.2% |
| Titus | 3.03 | 42.8 | 8.4% | 13.8% | 18.3% | 1988 | $1,100 | 26.2% | 84.4% | 0.0% |
| Equality | 2.14 | 60.3 | 6.5% | 3.4% | 37.1% | 1994 | $841 | 29.1% | 94.3% | 0.0% |
| Cottage Grove | 2.17 | 48.3 | 13.3% | 13.9% | 11.6% | 1989 | $1,055 | 9.6% | 84.7% | 19.2% |
| Nixburg | 1.83 | 62.6 | 6.8% | 4.3% | 42.9% | 1991 | $742 | 30.2% | 92.8% | 2.6% |
| Seman | 2.37 | 56.7 | 4.7% | 3.9% | 30.5% | 1996 | $956 | 28.3% | 86.5% | 0.0% |
| Holtville | 2.62 | 35.5 | 15.7% | 23.7% | 15.2% | 1993 | $942 | 21.4% | 89.6% | 2.1% |
| Santuck | 2.12 | 50.9 | 4.2% | 6.8% | 7.8% | 1989 | $735 | 25.9% | 80.6% | 0.0% |
| Pine Flat | 2.74 | 34.8 | 7.5% | 2.8% | 21.6% | 2003 | $995 | 15.0% | 86.6% | 7.5% |
All figures 2020–24.
Cities with similar populations: New Floodwood, OH · New Lexington, PA · New Lebanon, PA · New Lebanon, IN · New Hope, NY · New Haven Center, MI · New Harmony, MS · New Hampden, VA · New Germantown, PA · New Liberty, OK
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Speed. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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