Savoy, IL
Demographics And Statistics

We take you around Savoy to find out what it's like to call it home.

Living in Savoy, Illinois

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. Here's a snapshot of Savoy based on the most recently available data.

8,968 Population
$345,247 Median home value
$91,966 Median income
107 Cost of living +7% vs US
$1,003 Median rent
1.4% Unemployment
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Savoy SnackAbility

7.5
Overall SnackAbility
Jobs 8.5/10
Housing 8/10
Affordability 8/10
Diversity 8.5/10
SafetyN/A
Amenities 8.5/10
Education 9.5/10
Commute 9/10

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 107 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 $345,247.

  • The median income in Savoy is $91,966.

107
Savoy's Overall Cost Of Living
1.1x
Higher Than The National Average
Savoy
US

Cost Of Living In Savoy Comparison Table

Living Expense Savoy Illinois National Average
Overall 107 98 100
Services 98 99 100
Groceries 100 99 100
Health 116 96 100
Housing 101 101 100
Transportation 100 99 100
Utilities 99 101 100
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Source: Cost of living index, normalized to US average = 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.

StatSavoy
Average Annual High61.6
Average Annual Low41.2
Annual Precipitation Days74.2
Average Annual Precipitation39.8
Average Annual Snowfall22.4
61.6°
Average High
74.2
Days of Rain

Source: NOAA climate normals (30-year)

Rankings & Articles For Savoy

Locations Around Savoy

Map Of Savoy, IL

Best Places Around Savoy

1

Mahomet, IL
Population 10,049

$339,545-2% vs Savoy
2

Monticello, IL
Population 6,304

$267,358-23% vs Savoy
3

Champaign, IL
Population 89,996

$231,273-33% vs Savoy
4

Urbana, IL
Population 39,341

$199,533-42% vs Savoy
5

Rantoul, IL
Population 12,421

$140,357-59% vs Savoy

Savoy Demographics And Statistics

Population over time in Savoy

The current population in Savoy is 8,968. The population has increased 40.4% from 2010.

Year Population % Change
2024 8,968 1.8%
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

White 62.9% (5,644)
African American 7.1% (638)
American Indian 0.0% (0)
Asian 20.3% (1,819)
Hawaiian 0.0% (0)
Other 0.0% (0)
Two Or More 2.7% (246)
Hispanic 6.9% (621)
See the full breakdown

Savoy is:

  • 62.9% White with 5,644 White residents.

  • 7.1% African American with 638 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 20.3% Asian with 1,819 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.0% Other with 0 Other residents.

  • 2.7% Two Or More with 246 Two Or More residents.

  • 6.9% Hispanic with 621 Hispanic residents.

Race Savoy IL USA
White 62.9% 58.1% 57.4%
African American 7.1% 13.3% 11.9%
American Indian 0.0% 0.1% 0.5%
Asian 20.3% 5.9% 5.9%
Hawaiian 0.0% 0.0% 0.2%
Other 0.0% 0.4% 0.6%
Two Or More 2.7% 3.4% 4.3%
Hispanic 6.9% 18.8% 19.3%

Gender in Savoy

Female 55.2% (4,949)
Male 44.8% (4,019)
See the full breakdown
  • Savoy is 55.2% female with 4,949 female residents.

  • Savoy is 44.8% male with 4,019 male residents.

Gender Savoy IL USA
Female 55.2% 50.6% 50.5%
Male 44.8% 49.4% 49.5%

Highest level of educational attainment in Savoy for adults over 25

< 9th Grade 1.0% (89)
9-12th Grade 1.0% (89)
High School / GED 19.0% (1,703)
Some College 11.0% (986)
Associate's Degree 5.0% (448)
Bachelor's Degree 25.0% (2,242)
Master's Degree 20.0% (1,793)
Professional Degree 9.0% (807)
Doctorate Degree 9.0% (807)
See the full breakdown
  • 1.0% of adults in Savoy completed < 9th grade.

  • 1.0% of adults in Savoy completed 9-12th grade.

  • 19.0% of adults in Savoy completed high school / ged.

  • 11.0% 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.

  • 9.0% of adults in Savoy completed professional degree.

  • 9.0% of adults in Savoy completed doctorate degree.

Education Savoy IL USA
< 9th Grade 1.0% 5.0% 4.0%
9-12th Grade 1.0% 5.0% 6.0%
High School / GED 19.0% 25.0% 26.0%
Some College 11.0% 19.0% 19.0%
Associate's Degree 5.0% 8.0% 9.0%
Bachelor's Degree 25.0% 23.0% 22.0%
Master's Degree 20.0% 11.0% 10.0%
Professional Degree 9.0% 2.0% 2.0%
Doctorate Degree 9.0% 2.0% 2.0%

Household Income For Savoy, Illinois

Less than $10,000 4.2% (37,821)
$10,000 to $14,999 1.2% (10,909)
$15,000 to $24,999 3.4% (30,305)
$25,000 to $34,999 7.2% (64,732)
$35,000 to $49,999 6.5% (57,944)
$50,000 to $74,999 19.5% (175,286)
$75,000 to $99,999 11.4% (101,826)
$100,000 to $149,999 15.3% (137,465)
$150,000 to $199,999 11.4% (102,553)
$200,000 or more 19.8% (177,953)
See the full breakdown
  • 4.2% of households in Savoy earn Less than $10,000.

  • 1.2% of households in Savoy earn $10,000 to $14,999.

  • 3.4% of households in Savoy earn $15,000 to $24,999.

  • 7.2% of households in Savoy earn $25,000 to $34,999.

  • 6.5% of households in Savoy earn $35,000 to $49,999.

  • 19.5% of households in Savoy earn $50,000 to $74,999.

  • 11.4% of households in Savoy earn $75,000 to $99,999.

  • 15.3% of households in Savoy earn $100,000 to $149,999.

  • 11.4% of households in Savoy earn $150,000 to $199,999.

  • 19.8% of households in Savoy earn $200,000 or more.

Income Savoy IL USA
Less than $10,000 4.2% 5.4% 5.0%
$10,000 to $14,999 1.2% 3.2% 3.4%
$15,000 to $24,999 3.4% 5.9% 6.3%
$25,000 to $34,999 7.2% 6.3% 6.6%
$35,000 to $49,999 6.5% 9.7% 10.1%
$50,000 to $74,999 19.5% 14.8% 15.5%
$75,000 to $99,999 11.4% 12.6% 12.6%
$100,000 to $149,999 15.3% 18.0% 17.5%
$150,000 to $199,999 11.4% 10.1% 9.6%
$200,000 or more 19.8% 13.8% 13.4%

Source: U.S. Census ACS 5-year estimates (2024)