Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $274,100 ≈ Avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $954/mo |
| Total Housing Units | 3,755 |
| Vacant Units | 341 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Savoy is a city in Illinois, located in Champaign County. The city spans 1 ZIP code and is home to approximately 8,602 residents. It is a middle-aged city, with a median age of 38 years.
Economically, Savoy is a middle-income community. The median household income of $88,431 is above the national average. Approximately 9.1% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Savoy is a mid-range housing market. Median home values stand at $274,100, which is near the national average. Renters typically pay around $954 per month.
The population of Savoy is highly educated. 61.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (65.05%).
Savoy, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61874 | 8,602 | $88,431 | $274,100 | $954 | 1.3% | 61.2% | 57.8% |