Scene text recognition (STR) is the recognition of text anywhere in the environment, such as signs and store fronts. Relative to document recognition, it is challenging because of font variability, minimal language context, and uncontrolled conditions. Much information available to solve this problem is frequently ignored or used sequentially. Similarity between character images is often overlooked as useful information. Because of language priors, a recognizer may assign different labels to identical characters. Directly comparing characters to each other, rather than only a model, helps ensure that similar instances receive the same label. Lexicons improve recognition accuracy but are used post hoc. We introduce a probabilistic model for STR that integrates similarity, language properties, and lexical decision. Inference is accelerated with sparse belief propagation, a bottom-up method for shortening messages by reducing the dependency between weakly supported hypotheses. By fusing information sources in one model, we eliminate unrecoverable errors that result from sequential processing, improving accuracy. In experimental results recognizing text from images of signs in outdoor scenes, incorporating similarity reduces character recognition error by 19%, the lexicon reduces word recognition error by 35%, and sparse belief propagation reduces the lexicon words considered by 99.9% with a 12X speedup and no loss in accuracy.