Speed, KS
Population 23 · Kansas
About Speed, KS
Speed is a small community located in Kansas with a population of 23 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,324 per year, which is 18% below the national median of $75,149. The median age of 64.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Speed features a median home value of $27,600, which is 89% below the national median of $244,900. This makes Speed one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 20 total housing units, 100% are owner-occupied (20 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Speed shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Speed have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
4.3% of Speed residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Speed Ranks in Kansas
Cost of Living in Speed, KS
Compared to national averages, Speed has a median household income of $61,324 (18% below the national median of $75,149). Home values average $27,600, which is 89% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kansas, Speed's income is 4% below the state average of $63,989, and home values are 76% below the state median of $113,913.
Why Live in Speed, KS?
Speed offers affordable housing with a median home value of $27,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($61,324) that falls below the national average. However, Speed’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Speed has a population of 23 with a median age of 64.5 years. Compare Speed with other cities to see how it stacks up, or explore all cities in Kansas.
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Demographics
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Other Cities in Kansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Speed
What is the population of Speed, KS?
The population of Speed, KS is 23 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Speed?
The median household income in Speed, KS is $61,324 per year, which is 18% below the national median of $75,149.
What is the median home value in Speed?
The median home value in Speed, KS is $27,600, which is 89% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Speed?
The median monthly rent in Speed, KS is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Speed?
The unemployment rate in Speed, KS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Speed, KS a good place to live?
Speed offers a moderate cost of living, affordable housing, and a strong job market. With a population of 23 and a median age of 64.5, the city appeals to established professionals and retirees.
How educated is Speed, KS?
4.3% of residents in Speed aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Speed?
Key cost-of-living indicators for Speed, KS: median home value is $27,600 (89% below national), median rent is $0/month, and median household income is $61,324. The home-value-to-income ratio is 0.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Speed?
The poverty rate in Speed, KS is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Speed, KS?
Speed's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.