Speedwell is a very small town located in the state of Tennessee. With a population of 2,757 people and just one neighborhood, Speedwell is the 184th largest community in Tennessee.
Because occupations involving physical labor dominate the local economy, Speedwell is generally considered to be a blue-collar town. 38.82% of the Speedwell workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Speedwell is a town of sales and office workers, transportation and shipping workers, and service providers. There are especially a lot of people living in Speedwell who work in office and administrative support (14.44%), management occupations (10.06%), and sales jobs (8.88%).
Telecommuters are a relatively large percentage of the workforce: 12.00% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The overall crime rate in Speedwell is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Speedwell has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Speedwell has few renters and college students. But the biggest reason it is quieter in Speedwell than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Speedwell may be for you.
One downside of living in Speedwell, however, is that residents on average have to contend with a long commute, spending on average 32.89 minutes every day commuting to work.
As is often the case in a small town, Speedwell doesn't have a public transportation system that people use for their commute.
In terms of college education, the citizens of Speedwell rank slightly lower than the national average. 13.69% of adults 25 and older in Speedwell have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Speedwell in 2022 was $24,422, which is lower middle income relative to Tennessee, and low income relative to the rest of the US. This equates to an annual income of $97,688 for a family of four. However, Speedwell contains both very wealthy and poor people as well.
The people who call Speedwell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Speedwell residents report their race to be White. Important ancestries of people in Speedwell include German, English, Irish, Polish, and European.
The most common language spoken in Speedwell is English. Other important languages spoken here include Polish and Spanish.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Speedwell, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really interesting characteristics about the neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.2% of college-friendly places to live in the state of Tennessee. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Speedwell are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.2% of U.S. neighborhoods. In addition, 7.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 57.3% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 38.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.1%), and 17.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 98.5% of households. Some people also speak Polish (5.1%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Speedwell, TN, residents most commonly identify their ethnicity or ancestry as German (17.9%). There are also a number of people of English ancestry (16.4%), and residents who report Irish roots (12.1%), and some of the residents are also of Polish ancestry (5.5%), along with some Scottish ancestry residents (1.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (36.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.