Speed, situated in Edgecombe County, is a small town made up of .3 square miles.
October 9, 2017
The median resident age in Speed is 55 years. The median estimated household income is about $32,000 making it about $16,000 less than the North Carolina average. The estimated per capita is about $19,000. The average price for a home in Speed is about $63,000 (2015) which is $97,000 less than the North Carolina Average. Expect to pay about $1,000 a month for rent.
The racial makeup of Speed is 66% Black and 34% White. 57% of the population are high school graduates, with 1% holding a Bachelor's Degree or higher. 31% are married, 9% are divorced, 10% are separated, 26% are widowed, leaving 24% that have never been married.
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Speed belongs to Edgecombe County in the eastern part of North Carolina. The county, named after Richard Edgecombe, is part of the Rocky Mount, NC Metropolitan Statistical Area. In 1741, Edgecombe County was formed from a part of Bertie County. Edgecombe County has a population of 57,000 and the town Tarboro, with a population of 11,000, is the county seat.
Edgecombe County borders Martin, Halifax, Pitt, Nash, and Wilson counties.
Edgecombe County is made up of 507 square miles. 505 of which is land with the remaining 2 as water.
The population of Speed, NC is about 80. The population has seen an overall decrease since it peaked in the 1960s.
The elevation of Speed, NC is 56 feet above sea level.
The zip code for Speed, NC is 27881.
The area code for Speed, NC is 252.
Historically speaking Speed and Edgecombe County have voted mostly Democrat, with 68% going to Barrack Obama during the 2012 Presidential Election. This represents the trend for the previous four or five elections.
As of 2010, 60% of the population are religiously unafiliated (Nones). About 39% are Protestants with Catholics making up around 1%.
The unemployment rate for Speed is about 9% (2015), making it higher than the state average of around 5%. Social assistance and manufacturing make over 50% of the most common industries in the town.