Lawrence vs Speedway

A side-by-side comparison of Lawrence and Speedway: population, income, housing, and more.

Lawrence and Speedway are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lawrence has the higher population (49,284 vs 13,622 in Speedway). Lawrence has the higher median household income ($73,455 vs $57,158 in Speedway). Lawrence has the higher median home value ($220,400 vs $209,400 in Speedway).

Population, income & housing

	Lawrence	Speedway
Population	49,284	13,622
Median age	34.4 yrs	35.9 yrs
Median household income	$73,455	$57,158
Median home value	$220,400	$209,400
Median gross rent	$1,084	$1,120
Housing units	20,612	6,441
Homeownership rate	66.1%	46.4%
Bachelor's degree or higher	35.4%	34.4%
Unemployment rate	4.2%	4.9%

Trends (ACS 5-year, 2019–2023)

	Lawrence	Speedway
Population	48,699 → 49,284 (+1.2%)	12,266 → 13,622 (+11.1%)
Median household income	$56,819 → $73,455 (+29.3%)	$42,188 → $57,158 (+35.5%)
Median home value	$148,700 → $220,400 (+48.2%)	$122,000 → $209,400 (+71.6%)
Median gross rent	$903 → $1,084 (+20.0%)	$826 → $1,120 (+35.6%)

Lawrence

Population

48,69949,284

Median household income

$56,819$73,455

Median home value

$148,700$220,400

Median gross rent

$903$1,084

Speedway

Population

12,26613,622

Median household income

$42,188$57,158

Median home value

$122,000$209,400

Median gross rent

$826$1,120

Age & race/ethnicity

Age distribution (share)

	Lawrence	Speedway
Under 5	7.5%	8.8%
5 to 17	18.8%	18.3%
18 to 24	9.0%	7.4%
25 to 34	15.4%	14.5%
35 to 44	15.0%	13.6%
45 to 54	10.5%	13.5%
55 to 64	12.6%	11.2%
65 to 74	6.7%	8.0%
75 and over	4.5%	4.7%

Race & ethnicity (share)

	Lawrence	Speedway
White (non-Hispanic)	45.8%	54.3%
Black or African American	27.6%	31.8%
American Indian & Alaska Native	0.1%	0.0%
Asian	1.7%	0.4%
Native Hawaiian & Pacific Islander	0.1%	0.0%
Some other race	0.8%	0.0%
Two or more races	4.4%	4.3%
Hispanic or Latino	19.6%	9.2%

Educational attainment (age 25+)

Share of adults 25+

	Lawrence	Speedway
No high school diploma	11.1%	10.3%
High school graduate	27.2%	30.2%
Some college or associate's	26.3%	25.0%
Bachelor's degree	23.1%	24.0%
Graduate or professional degree	12.4%	10.5%

Commute to work

How workers get to work (share)

	Lawrence	Speedway
Drove alone	72.3%	74.3%
Carpooled	12.8%	7.3%
Public transit	0.0%	1.7%
Walked	0.4%	1.7%
Bicycle	0.1%	0.0%
Worked from home	13.5%	12.6%
Other means	0.9%	2.4%

Housing

Units in structure (share)

	Lawrence	Speedway
1-unit, detached	63.9%	49.5%
1-unit, attached	4.8%	2.7%
2 to 4 units	2.2%	20.5%
5 to 19 units	14.2%	19.8%
20 or more units	4.5%	6.6%
Mobile home & other	10.4%	0.9%

Poverty & households

	Lawrence	Speedway
Poverty rate	8.4%	15.4%
Average household size	2.51	2.27
Mean commute (minutes)	25	23
Median year structure built	1993	1962