Speed, IN Demographics

Population 243 · Census ACS 2020–24

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Speed, IN map of median age by neighborhood
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Population and households in Speed

Household size in Speed

Household size, people per household
PeriodSpeedLouisville areaIndianaU.S.
2006–102.782.512.572.68
2010–142.902.552.592.73
2015–192.992.552.572.71
2020–242.882.502.542.65
Change+0.10−0.01−0.03−0.03
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Households in Speed average 2.88 people, above the national 2.65, so families with children are more common here. Household size has climbed from 2.78 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

Median age, years
PeriodSpeedLouisville areaIndianaU.S.
2006–1033.838.537.537.7
2010–1435.739.438.438.6
2015–1938.340.039.139.6
2020–2436.340.239.340.1
Change+2.5+1.7+1.7+2.3
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The median resident of Speed is 36.3 years old, a few years younger than the national median of 40.1.

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

Single-parent households, % of households
PeriodSpeedLouisville areaIndianaU.S.
2006–108.2%12.6%11.8%12.3%
2010–148.8%12.6%12.0%12.3%
2015–195.5%11.6%11.6%11.6%
2020–243.8%12.4%11.7%11.6%
Change−4.4 pts−0.2 pts−0.1 pts−0.6 pts
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Single parents head only 3.8% of households in Speed, well below the national share of 11.6%.

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

Renters, % of occupied homes
PeriodSpeedLouisville areaIndianaU.S.
2006–1014.0%30.5%28.5%33.3%
2010–1413.9%32.3%30.5%35.6%
2015–198.9%32.5%30.9%36.0%
2020–248.7%31.1%29.4%34.8%
Change−5.3 pts+0.6 pts+1.0 pts+1.5 pts
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Speed is overwhelmingly a place of homeowners: only 8.7% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. More than one in six owners (18.4%) have paid off their mortgages, well below 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

Vacant homes, % of all homes
PeriodSpeedLouisville areaIndianaU.S.
2006–106.7%9.8%11.2%11.4%
2010–149.6%9.8%11.2%11.4%
2015–197.3%9.8%10.9%11.1%
2020–245.1%7.9%9.3%9.6%
Change−1.6 pts−1.9 pts−2.0 pts−1.8 pts
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Empty homes are scarce in Speed: just 5.1% sit vacant, compared with 9.6% nationally, a sign of a tight housing market.

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

Age of homes, median year built
PeriodSpeedLouisville areaIndianaU.S.
2006–101994197519721974
2010–141995197619731975
2015–191997197619741977
2020–242002198019771980
Change+7+5+5+6
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Much of the housing in Speed is relatively new: half of its homes were built after 2002, compared with 1980 for the U.S. as a whole.

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

Rent, per month
PeriodSpeedLouisville areaIndianaU.S.
2006–10$707$769$763$965
2010–14$980$826$819$1,040
2015–19$965$928$903$1,213
2020–24$1,185$1,200$1,146$1,571
Change+$478+$431+$384+$606
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The median renter in Speed pays $1,185 a month for rent and utilities, well below the national median of $1,571. That is in line with the rest of the Louisville area. Rent takes 30.5% of the typical renter's income, just over the 30% mark often used to define affordable rent.

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

Bachelor's degrees, % of adults 25+
PeriodSpeedLouisville areaIndianaU.S.
2006–1031.0%24.9%23.8%28.4%
2010–1434.3%26.7%24.6%29.6%
2015–1930.2%29.0%27.1%32.1%
2020–2435.7%32.8%30.0%35.6%
Change+4.7 pts+7.9 pts+6.2 pts+7.2 pts
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More than a third of adults 25 and older in Speed (35.7%) hold at least a bachelor's degree, close to the national share of 35.6%.

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

High school graduates, % of adults 25+
PeriodSpeedLouisville areaIndianaU.S.
2006–1093.9%86.4%86.5%84.9%
2010–1494.5%87.8%87.7%86.1%
2015–1992.6%90.1%88.7%87.7%
2020–2494.8%91.1%89.9%89.3%
Change+0.9 pts+4.7 pts+3.4 pts+4.3 pts
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High school completion is high in Speed: 94.8% 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

Unemployment, % of the labor force
PeriodSpeedLouisville areaIndianaU.S.
2006–104.4%8.4%8.4%8.1%
2010–144.3%9.1%8.9%9.4%
2015–193.1%5.2%4.9%5.6%
2020–242.6%4.8%4.3%5.4%
Change−1.8 pts−3.6 pts−4.1 pts−2.7 pts
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Unemployment in Speed has been low: just 2.6% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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

CityHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
Speed2.8836.33.8%8.7%5.1%2002$1,18535.7%94.8%2.6%
Sellersburg2.6043.59.6%17.9%6.6%1995$1,41638.5%92.3%2.7%
Memphis2.6343.23.9%7.3%7.2%2002$96535.7%94.2%3.8%
Carwood2.2946.26.8%0.0%15.0%1984$1,40240.2%96.6%0.0%
Charlestown2.8635.711.6%14.7%5.9%1996$1,07728.5%92.7%3.9%
Broom Hill1.9341.47.2%0.8%20.6%1979$1,38235.6%94.5%0.0%
River Ridge3.1425.022.2%21.9%5.2%2004$1,02311.1%91.7%15.2%
Henryville2.7836.69.1%10.5%6.4%1999$90926.0%89.6%2.7%
Clarksville2.2540.013.6%42.4%9.0%1969$1,13418.3%84.4%6.6%
Jeffersonville2.3140.713.2%28.3%8.5%1983$1,13728.7%91.8%4.3%
New Albany2.3540.011.4%37.9%9.6%1969$1,08628.2%90.5%4.8%

All figures 2020–24.

Cities with similar populations: North West Point, GA · Nixville, SC · Nod, MS · Nolan, TX · Noone, NH · Norman, NE · North Bay, WI · North Bridgton, ME · North Columbia, NY · North Freedom, PA

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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