Population 435 · 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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 2.17 | 2.53 | 2.68 |
| 2010–14 | 2.90 | 2.58 | 2.73 |
| 2015–19 | 2.13 | 2.56 | 2.71 |
| 2020–24 | 2.86 | 2.52 | 2.65 |
| Change | +0.68 | −0.01 | −0.03 |
The typical household in Speed holds 2.86 people, more than the U.S. average of 2.65. Household size has climbed from 2.17 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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 44.6 | 37.9 | 37.7 |
| 2010–14 | 42.7 | 38.9 | 38.6 |
| 2015–19 | 49.9 | 40.2 | 39.6 |
| 2020–24 | 44.9 | 40.3 | 40.1 |
| Change | +0.4 | +2.3 | +2.3 |
With a median age of 44.9, Speed is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 15.8% | 12.3% | 12.3% |
| 2010–14 | 13.3% | 12.5% | 12.3% |
| 2015–19 | 7.9% | 11.6% | 11.6% |
| 2020–24 | 2.9% | 11.4% | 11.6% |
| Change | −12.9 pts | −1.0 pts | −0.6 pts |
Single parents head only 2.9% 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
| Period | Speed | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 16.4% | 31.9% | 33.3% |
| 2010–14 | 24.7% | 34.2% | 35.6% |
| 2015–19 | 19.1% | 34.8% | 36.0% |
| 2020–24 | 25.1% | 33.4% | 34.8% |
| Change | +8.7 pts | +1.4 pts | +1.5 pts |
About a quarter of households in Speed rent their homes (25.1%), below the national share of 34.8%; the rest own. Among homeowners, 51.8% 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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 12.2% | 12.8% | 11.4% |
| 2010–14 | 25.9% | 12.8% | 11.4% |
| 2015–19 | 21.6% | 12.5% | 11.1% |
| 2020–24 | 11.9% | 11.4% | 9.6% |
| Change | −0.4 pts | −1.5 pts | −1.8 pts |
Vacancy runs a little high in Speed: 11.9% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. North Carolina as a whole looks much the same.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 1989 | 1983 | 1974 |
| 2010–14 | 1989 | 1985 | 1975 |
| 2015–19 | 1979 | 1986 | 1977 |
| 2020–24 | 1991 | 1990 | 1980 |
| Change | +3 | +7 | +6 |
Speed has newer housing than the country as a whole: the median home was built in 1991, versus 1980 nationally. The picture is much the same across North Carolina.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | $593 | $789 | $965 |
| 2010–14 | $747 | $868 | $1,040 |
| 2015–19 | $954 | $981 | $1,213 |
| 2020–24 | $681 | $1,317 | $1,571 |
| Change | +$88 | +$528 | +$606 |
Rent in Speed runs $681 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 30.7% 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
| Period | Speed | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 4.3% | 27.8% | 28.4% |
| 2010–14 | 3.5% | 29.0% | 29.6% |
| 2015–19 | 8.4% | 32.0% | 32.1% |
| 2020–24 | 14.0% | 36.2% | 35.6% |
| Change | +9.7 pts | +8.4 pts | +7.2 pts |
Fewer adults in Speed have a four-year degree than in the country as a whole: 14.0%, 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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 75.7% | 84.5% | 84.9% |
| 2010–14 | 76.3% | 86.0% | 86.1% |
| 2015–19 | 78.3% | 88.1% | 87.7% |
| 2020–24 | 87.7% | 90.2% | 89.3% |
| Change | +12.0 pts | +5.7 pts | +4.3 pts |
About one in eight adults in Speed never finished high school, a bit more than nationally: 87.7% have a diploma or equivalent, against 89.3% across the U.S.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 10.4% | 8.8% | 8.1% |
| 2010–14 | 19.5% | 10.6% | 9.4% |
| 2015–19 | 1.4% | 5.7% | 5.6% |
| 2020–24 | 3.8% | 4.8% | 5.4% |
| Change | −6.6 pts | −4.0 pts | −2.7 pts |
Unemployment in Speed runs below the national rate: 3.8% of the labor force was out of work and looking, against 5.4% nationally. 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
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Speed | 2.86 | 44.9 | 2.9% | 25.1% | 11.9% | 1991 | $681 | 14.0% | 87.7% | 3.8% |
| Penny Hill | 2.63 | 41.4 | 11.8% | 26.4% | 10.5% | 1980 | $760 | 12.6% | 88.9% | 6.4% |
| Lawrence | 2.90 | 45.0 | 3.1% | 23.8% | 11.3% | 1993 | $669 | 14.0% | 87.2% | 3.0% |
| Hobgood | 2.13 | 58.2 | 6.3% | 22.1% | 28.6% | 1981 | $699 | 10.6% | 81.1% | 3.0% |
| Palmyra | 2.13 | 58.0 | 10.2% | 30.9% | 29.3% | 1974 | $873 | 12.3% | 81.2% | 4.6% |
| Princeville | 2.82 | 39.2 | 26.9% | 31.9% | 21.9% | 1995 | $1,102 | 8.5% | 85.9% | 7.8% |
| Roseneath | 1.87 | 60.5 | 6.7% | 51.0% | 33.6% | 1976 | $763 | 16.3% | 100.0% | 7.3% |
| Tarboro | 2.28 | 47.7 | 14.9% | 37.4% | 14.6% | 1977 | $827 | 22.7% | 87.6% | 4.1% |
| Oak City | 2.17 | 56.7 | 11.0% | 35.7% | 25.6% | 1973 | $908 | 13.4% | 82.8% | 5.1% |
| Mildred | 2.54 | 43.8 | 16.6% | 21.4% | 13.4% | 1973 | $905 | 4.7% | 89.2% | 9.1% |
| Leggett | 2.67 | 46.9 | 19.6% | 27.2% | 16.3% | 1986 | $890 | 12.1% | 83.5% | 5.0% |
All figures 2020–24.
Cities with similar populations: Schaffer, MI · Round Prairie, IL · Rouseville, PA · Ryder, ND · Sagetown, NY · San Ysidro, NM · Sandstone, WV · Sandtown, AR · Sandy Ridge, PA · Santa Monica, TX
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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