Summary:
Speedway, Indiana is served by six public schools — four elementary schools, one junior high school, and one senior high school — all within the School Town of Speedway, a district that enrolls 1,776 students and ranks 16th of 374 Indiana districts, placing it in the 96th percentile with 5 stars.
Three schools stand out in 2025-26. James A Allison Elementary School 3 ranks 48th of 1,015 elementary schools (95th percentile, 5 stars) and posts the top elementary ELA and Math proficiency at 75.47% and 71.7%, with chronic absenteeism of just 0.7% — the lowest in the group despite having the highest free/reduced lunch rate at 68.67%. Speedway Junior High School ranks 29th of 486 middle schools (94th percentile, 5 stars), improving from the 85th percentile three years earlier. Carl G Fisher Elementary School 1 ranks 73rd of 1,015 (93rd percentile, 5 stars) with the highest Science proficiency at 66.67%, the most spending per student at $16,534, and the lowest student-teacher ratio at 12.7. Arthur C Newby Elementary School 2 (85th percentile, 4 stars) and Frank H Wheeler Elementary School 4 (83rd percentile, 4 stars) round out the elementary group.
Speedway Senior High School reports a 99.1% graduation rate versus the state's 89.7%, but slipped from 93rd percentile and 5 stars in 2024-25 to 86th percentile and 4 stars in 2025-26, with SAT EBRW falling from 68.61% to 56.85% and Math from 40.88% to 30.82% — still above state averages. Every Speedway school beats the state's 16.7% chronic absenteeism rate. Subject-level gaps remain: Allison's 5th-grade Math is 43.48% against a district 58%, and Wheeler's 5th-grade ELA is 42.11% against a district 60%.
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