Can A Paramedic Afford Rent in Speedway, IN?
Rent-burdened — rent takes 40.3% of gross income.
Speedway rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a paramedic salary
Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Speedway, which improves the affordability math on a paramedic salary:
Compare with full rent data for Speedway
View full rent data for Speedway, IN →Frequently asked questions
Can a paramedic afford rent in Speedway, IN?
Median rent in Speedway is $1,645 a month. A typical paramedic in Indiana earns about $48,926 a year, which makes that rent 40.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a paramedic afford in Speedway?
Using the 30% rule, a paramedic salary in Indiana (~$48,926/yr) supports up to $1,223 a month in rent. Speedway's current median rent is $1,645/mo, which is $422/mo over the affordability threshold.
How many hours does a paramedic work to cover rent in Speedway?
At an hourly equivalent of about $24 an hour, a paramedic in Indiana works roughly 69.9 hours a month to cover Speedway's median rent of $1,645.
Where is rent cheaper than Speedway for a paramedic?
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 paramedic salary.