Speedwell, TN demographics:
population, income, and more

Total population
4,385
13.4% year-over-year change
Median household income
$55,516/yr
13.0% year-over-year change
Housing units
2,269
0.3% year-over-year change

Speedwell population

How many people live in Speedwell

Speedwell is home to 4,385 residents, according to the most recent Census data. Gender-wise, 56.4% of Speedwell locals are male, and 43.6% are female.

Total population
4,385
13.4% year-over-year change
Gender ratio
Male
56.4%
2,472
Female
43.6%
1,913
Value Percent YoY change
Male 2,472 56.4% 22.1%
Female 1,913 43.6% 3.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Speedwell is 47, with the population distributed as follows: about 12.9% are children under 15, then 14.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 18% of the population, while another 33.1% fall into the 45 to 64 bracket. Finally, around 21.6% are 65 or older.

Median age
46.6
Age breakdown
Under 15
12.9%
15 to 24
14.4%
25 to 44
18%
45 to 64
33.1%
Over 65
21.6%
Value Percent YoY change
Under 15 566 12.9% 33.2%
15 to 24 631 14.4% 13.7%
25 to 44 789 18% 54.4%
45 to 64 1,450 33.1% -1.0%
Over 65 949 21.6% 4.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Speedwell, 99.6% of the population are US-born citizens, while 0.4% have gained naturalized citizenship. There’s also a share of 1.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.6%
Non-U.S.-born citizens
0.4%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 4,366 99.6% 13.3%
Non-U.S.-born citizens 19 0.4% 35.7%
Racial breakdown
White
98%
Black or African American
0.2%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.8%
Other
0%
Value Percent
White 4,295 98%
Black or African American 9 0.2%
Two or more races 81 1.8%

Households in Speedwell

A peek inside Speedwell households

Speedwell has 1,653 households, with an average of 3 members in each. Of these, 76.3% are families, while the remaining 23.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,653
5.2% year-over-year change
Average people per household
3
Non-family households
392
Family households
1,261
Value Percent YoY change
Non-family households 392 23.7% -15.9%
Family households 1,261 76.3% 14.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Speedwell

The housing landscape of Speedwell

Speedwell's housing consists of 2,269 units, with 62.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 31.6% of the housing landscape.

Housing units
2,269
0.3% year-over-year change
Housing types
Value Percent
1 unit, detached 1,426 62.8%
1 unit, attached 30 1.3%
Mobile home 717 31.6%
Boat, RV, van, etc. 96 4.2%
Homes built since 2020
28
% year-over-year change

The age of buildings in Speedwell

In Speedwell, the median construction year is 1988. About 10.7% of homes were built before the 1940s, with another 4.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 19.9% of homes were added from 2000 to 2009, 6.6% between 2010 and 2019, and 1.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 243 10.7% 3.4%
Built between 1940 and 1949 96 4.2% -5.9%
Built between 1950 and 1959 146 6.4% -12.6%
Built between 1960 and 1969 104 4.6% 25.3%
Built between 1970 and 1979 227 10% -20.9%
Built between 1980 and 1989 408 18% -5.8%
Built between 1990 and 1999 414 18.2% -2.4%
Built between 2000 and 2009 452 19.9% 10.8%
Built between 2010 and 2019 151 6.6% 22.8%
Built in 2020 or later 28 1.2% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Speedwell occupancy rates

Out of the 1,653 occupied housing units in Speedwell, 82.9% are owner-occupied, while 17.1% are lived in by tenants. Meanwhile, 27.1% of all homes on the local market sit vacant.

Occupied housing units
1,653
5.2% year-over-year change
Occupancy breakdown
Renter occupied
283
Owner occupied
1,370
Value Percent YoY
change
Renter occupied 283 17.1% 18.9%
Owner occupied 1,370 82.9% 2.7%
Unoccupied housing units
27.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Speedwell housing costs

Housing costs in Speedwell come to a median of $588 per month, while tenants specifically pay a median gross rent of $933.

Median housing costs per month
$588/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Speedwell
$933/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Speedwell

Speedwell education at a glance

About 57.6% of the population in Speedwell went to high school, while 18% pursued college studies. Another 10.1% earned an associate degree and 6.8% hold a bachelor’s. Meanwhile, 3.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 136 3.8% -2.9%
High school diploma 2,064 57.6% 16.2%
College diploma 647 18% -0.6%
Associate degree 363 10.1% 38.5%
Bachelor's degree 245 6.8% 6.5%
Graduate degree 131 3.6% 23.6%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Speedwell

How much people earn in Speedwell

The average annual household income in Speedwell was $65,111 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +12.6% change from the previous year. At the same time, the median income stood at $55,516, reflecting a +13% shift over the same period.

Average household income in Speedwell
$65,111/year
12.7% year-over-year change
Median household income in Speedwell
$55,516/year
13.0% year-over-year change

Speedwell income by age

In Speedwell, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $56,711. Those with someone between 45 and 64 in charge, often well established professionally, earn $70,250 overall. Overall, 86.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $56,711 12.4%
45 - 64 $70,250 20.5%
Over 65 $37,321 25.4%
Above poverty level
3,758
Below poverty level
566
Value Percent YoY
change
Above poverty level 3,758 86.9% 19.1%
Below poverty level 566 13.1% -15.5%

Employment in Speedwell

Workforce and job types in Speedwell

60% of the working population are employed in professional or administrative positions, while 40% are in hands-on or service-based jobs. Also, 13.2% run their own businesses, 70.6% are employed by private companies, and 12.5% work in the public sector.

Workforce demographics

White collar
1,115
Blue collar
742
Value Percent YoY change
White collar 1,115 60% 38.7%
Blue collar 742 40% 17.6%
Employer type
Self employees
13.2%
Private companies
70.6%
Governmental workers
12.5%
Not for profit companies
3.7%
Value Percent YoY change
Self employees 245 13.2% 0.0%
Private companies 1,312 70.6% 32.4%
Governmental workers 232 12.5% 47.8%
Not for profit companies 68 3.7% 61.9%

Transportation in Speedwell

How people get around in Speedwell

Means of transportation
Value Percent YoY change
Car 1,593 100% 31.6%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Speedwell by zipcode?

Zipcode Population Number of households Median income Average income
37870 4,385 1,653 $55,516 $65,111

Explore more communities

FAQs about Speedwell demographics 

What is the total population of Speedwell?

Speedwell has a total population of 4,385 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +13.4% compared to a year ago.

What is the gender ratio in Speedwell?

The gender ratio in Speedwell is as follows:
  • 56.4% males (2,472 residents)
  • 43.6% females (1,913 residents)

What is the median age in Speedwell?

The median age in Speedwell is 46.6.

What is the age distribution of the population in Speedwell?

The age distribution in Speedwell is as follows:
  • Under 15: 12.9% (566 residents)
  • Ages 15-24: 14.4% (631 residents)
  • Ages 25-44: 18% (789 residents)
  • Ages 45-64: 33.1% (1,450 residents)
  • Over 65: 21.6% (949 residents)

What is the racial and ethnic makeup of Speedwell?

The racial and ethnic makeup of Speedwell is as follows:
  • White: 98% (4,295 residents)
  • Black or African American: 0.2% (9 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 1.8% (81 residents)
  • Other: 0% ( residents)

What percentage of the population in Speedwell are U.S.-born citizens?

U.S.-born citizens represent 99.6% of the population in Speedwell.

How many housing units are there in Speedwell?

There are 2,269 housing units in Speedwell, reflecting a +0.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Speedwell and what is the average household size?

Speedwell has a total of 1,653 households, with an average of 3 people in each.

What is the median household income in Speedwell?

Speedwell has a median household income of $55,516, representing a +13.0% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Speedwell?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 60% (1,115 residents)
  • Blue-collar workers: 40% (742 residents)

Places of employment:
  • Self-employed: 13.2% (245 residents)
  • Private companies: 70.6% (1,312 residents)
  • Governmental workers: 12.5% (232 residents)
  • Not-for-profit companies: 3.7% (68 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025