Savoy, IL
Demographics And Statistics
Living In Savoy, Illinois Summary
Life in Savoy research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Savoy over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Savoy:
The population in Savoy is 8,807.
The median home value in Savoy is $346,114.
The median income in Savoy is $88,828.
The cost of living in Savoy is 105 which is 1.1x higher than the national average.
The median rent in Savoy is $954.
The unemployment rate in Savoy is 1.2%.
The poverty rate in Savoy is 9.0%.
The average high in Savoy is 61.6° and the average low is 41.2°.
Table Of Contents
Savoy SnackAbility
Overall SnackAbility
Savoy, IL Cost Of Living
Cost of living in Savoy summary. We use data on the cost of living to determine how expensive it is to live in Savoy. Real estate prices drive most of the variance in cost of living around Illinois. Key points include:
The cost of living in Savoy is 105 with 100 being average.
The cost of living in Savoy is 1.1x higher than the national average.
The median home value in Savoy is $346,114.
The median income in Savoy is $88,828.
Savoy's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Savoy Comparison Table
| Living Expense | Savoy | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 103 | 95 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 88 | 93 | 100 | |
| Housing | 113 | 95 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 88 | 91 | 100 | |
Savoy, IL Weather
The average high in Savoy is 61.6° and the average low is 41.2°.
There are 74.2 days of precipitation each year.
Expect an average of 39.8 inches of precipitation each year with 22.4 inches of snow.
| Stat | Savoy |
|---|---|
| Average Annual High | 61.6 |
| Average Annual Low | 41.2 |
| Annual Precipitation Days | 74.2 |
| Average Annual Precipitation | 39.8 |
| Average Annual Snowfall | 22.4 |
Average High
Days of Rain
Rankings for Savoy in Illinois
Locations Around Savoy
Map Of Savoy, IL
Best Places Around Savoy
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Savoy Demographics And Statistics
Population over time in Savoy
The current population in Savoy is 8,807. The population has increased 37.9% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 8,807 | 1.4% |
| 2022 | 8,682 | -1.3% |
| 2021 | 8,793 | -0.1% |
| 2020 | 8,802 | 3.1% |
| 2019 | 8,534 | -1.4% |
| 2018 | 8,654 | 1.2% |
| 2017 | 8,551 | 5.3% |
| 2016 | 8,118 | 0.6% |
| 2015 | 8,066 | 2.9% |
| 2014 | 7,835 | 7.5% |
| 2013 | 7,290 | 4.3% |
| 2012 | 6,989 | 5.4% |
| 2011 | 6,632 | 3.8% |
| 2010 | 6,388 | - |
Race / Ethnicity in Savoy
Savoy is:
64.9% White with 5,719 White residents.
9.1% African American with 803 African American residents.
0.0% American Indian with 0 American Indian residents.
15.0% Asian with 1,321 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
2.9% Two Or More with 256 Two Or More residents.
8.0% Hispanic with 708 Hispanic residents.
| Race | Savoy | IL | USA |
|---|---|---|---|
| White | 64.9% | 58.7% | 58.2% |
| African American | 9.1% | 13.6% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 15.0% | 5.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.0% | 0.3% | 0.5% |
| Two Or More | 2.9% | 3.0% | 3.9% |
| Hispanic | 8.0% | 18.5% | 19.0% |
Gender in Savoy
Savoy is 58.3% female with 5,136 female residents.
Savoy is 41.7% male with 3,671 male residents.
| Gender | Savoy | IL | USA |
|---|---|---|---|
| Female | 58.3% | 50.6% | 50.5% |
| Male | 41.7% | 49.4% | 49.5% |
Highest level of educational attainment in Savoy for adults over 25
1.0% of adults in Savoy completed < 9th grade.
1.0% of adults in Savoy completed 9-12th grade.
22.0% of adults in Savoy completed high school / ged.
12.0% of adults in Savoy completed some college.
5.0% of adults in Savoy completed associate's degree.
25.0% of adults in Savoy completed bachelor's degree.
20.0% of adults in Savoy completed master's degree.
6.0% of adults in Savoy completed professional degree.
8.0% of adults in Savoy completed doctorate degree.
| Education | Savoy | IL | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 5.0% | 5.0% |
| 9-12th Grade | 1.0% | 5.0% | 6.0% |
| High School / GED | 22.0% | 25.0% | 26.0% |
| Some College | 12.0% | 20.0% | 19.0% |
| Associate's Degree | 5.0% | 8.0% | 9.0% |
| Bachelor's Degree | 25.0% | 22.0% | 21.0% |
| Master's Degree | 20.0% | 11.0% | 10.0% |
| Professional Degree | 6.0% | 2.0% | 2.0% |
| Doctorate Degree | 8.0% | 2.0% | 2.0% |
Household Income For Savoy, Illinois
3.9% of households in Savoy earn Less than $10,000.
1.6% of households in Savoy earn $10,000 to $14,999.
3.3% of households in Savoy earn $15,000 to $24,999.
7.3% of households in Savoy earn $25,000 to $34,999.
6.0% of households in Savoy earn $35,000 to $49,999.
21.3% of households in Savoy earn $50,000 to $74,999.
11.8% of households in Savoy earn $75,000 to $99,999.
14.6% of households in Savoy earn $100,000 to $149,999.
15.5% of households in Savoy earn $150,000 to $199,999.
14.7% of households in Savoy earn $200,000 or more.
| Income | Savoy | IL | USA |
|---|---|---|---|
| Less than $10,000 | 3.9% | 5.2% | 4.9% |
| $10,000 to $14,999 | 1.6% | 3.4% | 3.6% |
| $15,000 to $24,999 | 3.3% | 6.2% | 6.6% |
| $25,000 to $34,999 | 7.3% | 6.5% | 6.8% |
| $35,000 to $49,999 | 6.0% | 9.9% | 10.4% |
| $50,000 to $74,999 | 21.3% | 15.1% | 15.7% |
| $75,000 to $99,999 | 11.8% | 12.7% | 12.7% |
| $100,000 to $149,999 | 14.6% | 17.9% | 17.4% |
| $150,000 to $199,999 | 15.5% | 9.9% | 9.3% |
| $200,000 or more | 14.7% | 13.1% | 12.6% |
