| ZIP Code | 61874 |
|---|---|
| City | Savoy |
| State | Illinois (IL) |
| County | Champaign County |
| Area Code | 217/447 |
| Elevation | 722 ft |
| Latitude | 40.054258 |
|---|---|
| Longitude | -88.266563 |
| Timezone | Chicago (DST) |
| FIPS | 17019 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 9.1% ▼ 9% below avg |
| College Grads | 61.2% ▲ 58% above avg |
| Unemployment | 1.3% ▼ 74% below avg |
| No HS Diploma | 32 (0.6%) |
| HS Graduate | 1,058 (20.6%) |
| Some College | 430 (8.4%) |
| Associates | 470 (9.2%) |
| Bachelors | 293 (5.7%) |
| Graduate Degree | 2,843 (55.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,431 ▲ 16% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $274,100 ≈ Avg ↑ 21% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $954/mo ↑ 2% since 2019 |
| Total Units | 3,755 |
| Vacant Units | 341 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,755 |
|---|---|
| Vacant | 341 |
| Owner Occupied | 57.8% |
| Renter Occupied | 42.2% |
| Avg HH Size | 2.48 |
ZIP code 61874 is located in Savoy, Illinois, within Champaign County. With a population of 8,602, this is a lightly populated ZIP code with a middle-aged community — the median age is 38 years. Economically, 61874 is a middle-income ZIP code: the median household income of $88,431 is above the national average.
Real estate in ZIP code 61874 represents a mid-range housing market. The median home value of $274,100 is near the national average. Renters can expect to pay around $954 per month in median rent. The area has a relatively balanced mix of owners (57.8%) and renters (42.2%). Median home values have increased by 21% since 2019.
The population of 61874 is majority White (65.05%). Residents are highly educated — 61.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 9.1%. Household income has grown by 25% since 2019.
The unemployment rate in 61874 stands at 1.3%, which is well below the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 61874 in Savoy, IL is characterized as middle-income, highly educated, and a middle-aged community. With 8,602 residents, a median household income of $88,431, and a median home value of $274,100, it offers a clear picture of life in this part of Illinois.