Can A Bus Driver Afford Rent in Speedway, IN?

Rent-burdened — rent takes 41.4% of gross income.

Speedway rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Speedway median rent
$1,645/mo
Bus Driver salary (Indiana)
$47,674/yr
Rent as % of income
41.4%
Gross monthly income works out to about $3,973, and the 30% rule supports up to $1,192/mo in rent. Speedway's median rent of $1,645 exceeds that threshold by $453/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 71.8 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Indiana cities have lower median rent than Speedway, which improves the affordability math on a bus driver salary:

Franklin, IN
$1,643/mo (41.4% of income)
Highland, IN
$1,636/mo (41.2% of income)
Charlestown, IN
$1,636/mo (41.2% of income)

Compare with full rent data for Speedway

View full rent data for Speedway, IN

Frequently asked questions

Can a bus driver afford rent in Speedway, IN?

Median rent in Speedway is $1,645 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 41.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Speedway?

Using the 30% rule, a bus driver salary in Indiana (~$47,674/yr) supports up to $1,192 a month in rent. Speedway's current median rent is $1,645/mo, which is $453/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Speedway?

At an hourly equivalent of about $23 an hour, a bus driver in Indiana works roughly 71.8 hours a month to cover Speedway's median rent of $1,645.

Where is rent cheaper than Speedway for a bus driver?

Nearby Indiana cities with lower median rent include Franklin ($1,643/mo), Highland ($1,636/mo), Charlestown ($1,636/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Indiana state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Speedway, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.