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Speed

Learn about the people, housing, costs and businesses in Speed, Kansas

Median Home$86,500
Median Rent$616/month
Population40
Leading IndustriesConstruction · Agriculture & Mining · Professional Services14% construction
Young Adults31% of residentsabove average nationally
Homeowners78% of occupied units
NotableAffordable Market$87k median home · lower cost than 96% of the country
Speed
KS

Frequently Asked Questions

What are today's mortgage rates in Speed?

As of today, the 30-year fixed mortgage rate for Speed is approximately 6.998% (7.041% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Speed?

The median home value in Speed is $87k. The median monthly rent is $616. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Speed?

Based on a typical all-in ownership cost of $630/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Speed is $68k/year.

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What industries drive the economy in Speed?

The largest employment sectors in Speed are public administration (26%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.