Speedway, Indiana

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Speedway, Indiana
Town
Indianapolis-motor-speedway.jpg
Indianapolis Motor Speedway and the town of Speedway in 2005
Speedway seal.png
Seal
Nicknames: 
"Home of the 500"; "Racing Capital of the World"
Marion County Indiana Incorporated and Unincorporated areas Speedway Highlighted 1871828.svg
Location in Marion County, Indiana
Coordinates: 39°47′43″N86°15′18″W / 39.79528°N 86.25500°W / 39.79528; -86.25500
Country United States
State Indiana
County Marion
Township Wayne
IncorporatedJuly 14, 1926
Government
 • Town ManagerGrant Kleinhenz
Area
[1]
 • Total4.79 sq mi (12.40 km2)
 • Land4.79 sq mi (12.40 km2)
 • Water0.00 sq mi (0.01 km2)
Elevation
[2]
728 ft (222 m)
Population
 (2020) [3]
 • Total13,952
 • Density2,915.17/sq mi (1,125.55/km2)
Time zone UTC-5 (EST)
 • Summer (DST) UTC-4 (EDT)
ZIP code
46224
Area code 317
FIPS code 18-71828 [4]
GNIS feature ID2397670 [2]
Website www.speedwayin.gov

Speedway is a town in Wayne Township, Marion County, Indiana, United States. The population was 13,952 at the 2020 census, [3] up from 11,812 in 2010. [5] Speedway, which is an enclave of Indianapolis, is the home of the Indianapolis Motor Speedway.

Contents

History

Speedway was laid out in 1912 as a residential suburb. [6] It took its name from the Indianapolis Motor Speedway, constructed three years earlier. [7] It is an early example of a residential community planned for the industrial plants located nearby. [8] Carl G. Fisher, James A. Allison, Frank Wheeler, and Arthur Newby, founders of the Indianapolis Motor Speedway, planned the suburb of Speedway west of the track. [9] Fisher and Allison owned plants that needed workers, the Prest-O-Lite factory and Allison Engine Company. The investors' goal was to create a city without horses, where residents would drive automobiles, as well as participate in creating mechanical parts for new modes of transportation. [8]

Speedway was incorporated as a town in July 1926. [10] The Speedway Historic District was listed on the National Register of Historic Places in 2005. [11]

Geography

Speedway is located in western Marion County. It is 5 miles (8 km) west-northwest of downtown Indianapolis.

According to the U.S. Census Bureau, Speedway has a total area of 4.79 square miles (12.41 km2), of which 0.004 square miles (0.01 km2), or 0.08%, are water. [1] The town is drained by Eagle Creek, which runs along the southwest edge of town, and its tributaries Dry Run and Little Eagle Creek, which flow past or around the speedway. Eagle Creek continues east to join the White River in southwest Marion County.

Climate

The climate in this area is characterized by hot, humid summers and generally mild to cool winters. According to the Köppen Climate Classification system, Speedway has a humid subtropical climate, Cfa on climate maps. [12] With a January daily mean of −2 °C (28 °F) however, Speedway is very close to the humid continental type.

Climate data for Speedway
MonthJanFebMarAprMayJunJulAugSepOctNovDecYear
Mean daily maximum °F (°C)34
(1)		39
(4)		48
(9)		63
(17)		72
(22)		81
(27)		84
(29)		82
(28)		77
(25)		64
(18)		50
(10)		39
(4)		61
(16)
Daily mean °F (°C)28
(−2)		32
(0)		39
(4)		52
(11)		63
(17)		72
(22)		75
(24)		73
(23)		66
(19)		55
(13)		41
(5)		32
(0)		52
(11)
Mean daily minimum °F (°C)19
(−7)		23
(−5)		32
(0)		41
(5)		50
(10)		61
(16)		64
(18)		63
(17)		54
(12)		43
(6)		32
(0)		25
(−4)		41
(5)
Average precipitation inches (mm)2.8
(72)		2.5
(63)		3.8
(96)		3.7
(94)		4.1
(103)		4.0
(102)		4.0
(102)		3.3
(84)		3.1
(78)		2.7
(68)		3.2
(82)		2.9
(73)		40.0
(1,017)
Source: [13]

Demographics

Historical population
CensusPop.Note%±
1930 1,420—
1940 2,32563.7%
1950 5,498136.5%
1960 9,62475.0%
1970 14,52350.9%
1980 12,641−13.0%
1990 13,0923.6%
2000 12,881−1.6%
2010 11,812−8.3%
2020 13,95218.1%
U.S. Decennial Census [14]

2010 census

As of the census [15] of 2010, 11,812 people, 5,550 households, and 2,931 families resided in the town. The population density was 2,481.5 inhabitants per square mile (958.1/km2). The 6,709 housing units averaged 1,409.5 per square mile (544.2/km2). The racial makeup of the town was 74.2% White, 16.7% African American, 0.3% Native American, 2.0% Asian, 4.4% from other races, and 2.3% from two or more races. Hispanics or Latinos of any race were 7.6% of the population.

Of the 5,550 households, 26.9% had children under the age of 18 living with them, 32.4% were married couples living together, 15.3% had a female householder with no husband present, 5.2% had a male householder with no wife present, and 47.2% were not families. About 39.9% of all households were made up of individuals, and 12.9% had someone living alone who was 65 years of age or older. The average household size was 2.13 and the average family size was 2.84.

The median age in the town was 37.8 years. About 21.7% of residents were under the age of 18; 10.8% were between the ages of 18 and 24; 26.7% were from 25 to 44; 25.8% were from 45 to 64; and 14.8% were 65 years of age or older. The gender makeup of the town was 48.3% male and 51.7% female.

2000 census

As of the census [4] of 2000, 12,882 people, 6,151 households, and 3,278 families resided in the town. The 6,151 households had 24.5% with children under the age of 18 living with them, 36.6% married couples living together, 12.5% female householders with no husband present, and 46.7% not families. In the town, the population was spread out, with 20.9% under the age of 18, 10.1% from 18 to 24, 31.5% from 25 to 44, 20.2% from 45 to 64, and 17.2% who were 65 years of age or older. The median age was 37 years. For every 100 females, there were 89.2 males. For every 100 females age 18 and over, there were 84.9 males.

The median income for a household in the town was $37,713, and for a family was $49,005. Males had a median income of $36,756 versus $26,954 for females. The per capita income for the town was $21,468. About 5.6% of families and 8.8% of the population were below the poverty line, including 7.7% of those under age 18 and 9.5% of those age 65 or over.

Education

The town has a lending library, the Speedway Public Library. [16]

Economy

Dallara IndyCar Factory Dallara IndyCar Factory in 2017.jpg
Dallara IndyCar Factory

In addition to the Indianapolis Motor Speedway itself, several related companies are located south of the racetrack, including the United States Auto Club headquarters, the Dallara racecar factory, racing teams A. J. Foyt Racing, and Harding Racing, and the Speedway Indoor karting racetrack. Also, Allison Transmission has a factory nearby.[ citation needed ]

Notable people

Sister cities

See also

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References

  1. 1 2 "2022 U.S. Gazetteer Files: Indiana". United States Census Bureau. Retrieved April 13, 2023.
  2. 1 2 U.S. Geological Survey Geographic Names Information System: Speedway, Indiana
  3. 1 2 "P1. Race – Speedway town, Indiana: 2020 DEC Redistricting Data (PL 94-171)". U.S. Census Bureau. Retrieved April 13, 2023.
  4. 1 2 "U.S. Census website". United States Census Bureau . Retrieved January 31, 2008.
  5. ↑ "P1. Race – Speedway town, Indiana: 2010 DEC Redistricting Data (PL 94-171)". U.S. Census Bureau. Retrieved April 13, 2023.
  6. ↑ Bodenhamer, David J.; Barrows, Robert G. (November 22, 1994). The Encyclopedia of Indianapolis. Indiana University Press. p. 1284. ISBN   0-253-11249-4.
  7. ↑ Baker, Ronald L. (October 1995). From Needmore to Prosperity: Hoosier Place Names in Folklore and History . Indiana University Press. p.  308. ISBN   978-0-253-32866-3. ...named the city for "Speedway Course"...
  8. 1 2 "Speedway Historic District". nps.gov. Retrieved February 4, 2015.
  9. ↑ "Feel the Need for Speed in Indy". nps.gov. Retrieved February 4, 2015.
  10. ↑ "1926: IMS pagoda on fire, rookie wins the 500". WRTV Indianapolis. March 3, 2016. Retrieved October 22, 2023.
  11. ↑ "National Register Information System". National Register of Historic Places . National Park Service. July 9, 2010.
  12. ↑ "Speedway, Indiana Köppen Climate Classification (Weatherbase)". Weatherbase.
  13. ↑ "Speedway, Indiana Temperature Averages". Weatherbase. Retrieved April 28, 2015.
  14. ↑ "Census of Population and Housing". Census.gov. Retrieved June 4, 2015.
  15. ↑ "U.S. Census website". United States Census Bureau . Retrieved December 11, 2012.
  16. ↑ "Indiana public library directory" (PDF). Indiana State Library. Archived from the original (PDF) on February 18, 2017. Retrieved March 10, 2018.
  17. ↑ Washington Post, November 23, 1990
  18. ↑ "Former Attorney General Stricken Fatally in Cab". Jeffersonville Evening News. August 6, 1954.
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