Median Age
36 Years
Largest Age Group
25-34 Years
Approximately 16% of Residents
Under 20
26%
Over 65
15%
Avg Rent
$966
Population
13,383
Renter Mix
56% Rent
Situated about five miles northwest of Indianapolis, Speedway is the proud home of the famous Indianapolis Motor Speedway—the Racing Capital of the World. Speedway also boasts a welcoming community, small-town spirit, and one of the highest rated public school districts in the state.
Speedway contains a vibrant Main Street, teeming with restaurants, shops, family-friendly entertainment, and more within a short walk from “the track.” A broad range of parades, festivals, and special events foster a sense of community and civic pride in Speedway.
Big-city amenities are within close proximity to Speedway as well, including the Indianapolis Zoo, Indiana State Museum, and Lucas Oil Stadium. Access to several major highways like I-465, I-74, and I-70 as well as Indianapolis International Airport makes commuting and traveling from Speedway easy.
Median Household Income
$53,063
Average: $68,927
Education
3,374
Residents Have a Degree
Job Market
6,606
Workers Employed
Median Age
36 Years
Largest Age Group
25-34 Years
Approximately 16% of Residents
Under 20
26%
Over 65
15%
Housing Distribution
Speedway has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Speedway, IN is $789 for a studio, $959 for one bedroom, $1,171 for two bedrooms, and $1,733 for three bedrooms. Apartment rent in Speedway has decreased by -3.3% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Speedway, IN is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Arthur C Newby Elementary School 2
Public
Grades K-5
242 Students
James A Allison Elementary School 3
Public
Grades K-5
246 Students
Frank H Wheeler Elementary School 4
Public
Grades K-5
354 Students
Carl G Fisher Elementary School 1
Public
Grades PK-5
140 Students
Public
Grades 6-8
317 Students
Public
Grades 9-12
565 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.