Guys, I grant that I'm not into formulas much, I let that up to those that do that type thing and use their charts provided by the material manufacturers and my experience with replacement well pumps. My point was, or is, that the velocity is dependent on the pressure and ID and type and pressure rating of the tubing or pipe; steel, copper or plastic (all three types). IOWs, the velocity varies based on the pressure and the ID and type of material being used. Each material has its own maximum velocity and they can vary substantially.
The normal 2.5 bath house has internal 3/4" plumbing reduced to 1/2" to the second floor etc. or at least before the fixtures; currently there are millions of houses plumbed that way. If the water source is 'city' water, they probably have a 3/4" service line if the house was built more than say 20 years ago. If the source is their own well, they'll have 1" service line from the foot valve or submersible pump running 30/50 psi on the pressure switch. Many submersible pumps will be 300' plus deep and the well from the house will be from 10' to a 150' from the house. That would be a total distance of up to 450', and yes, the pump is moving water from the static water level, not the total depth to the foot valve or sub pump.
Furthermore... if there are sprinklers in the future, using a larger (1.25" or 1.5") line to/for them works on the same principle as the 3/4" meter here on up to the suggested 2" line.... not a problem due to the velocity increasing as the water flows through the ID reduction; but there is a corresponding pressure loss. All this depends on the available pressure, and if there's is insufficient pressure, add a booster pump, Cycle Stop Valve and small pressure tank. That would cost somewhat less than oversizing the pipe to start with.