City

Savoy, TX

1 ZIP code  ·  Fannin County  ·  Texas

👥2,090Population
💰$73,681Median HH Income≈ Avg
🎂40.3Median Age
🏠$175,600Median Home Value▼ 37% below avg
🎓32.6%College Grads▼ 16% below avg
📊1.8%Unemployment▼ 62% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 41.1% Female 59.0% ♀

Race & Ethnicity

White: 82.4%Hispanic: 9.1%Black: 1.2%Asian: 2%Other: 3.7%Race
White82.4%
Hispanic9.1%
Black1.2%
Asian2.0%
Other3.7%

Age Breakdown

Under 5
5%
5–17
18%
18–24
5%
25–44
28%
45–64
28%
65+
9%

Key Indicators

Median Age40.3 yrs
Avg HH Size3.00
Below Poverty10.7% ≈ Avg
College Grads32.6% ▼ 16% below avg
Unemployment1.8% ▼ 62% below avg
No HS Diploma19 (1.3%)
HS Graduate455 (31.9%)
Some College176 (12.3%)
Associates311 (21.8%)
Bachelors164 (11.5%)
Graduate Degree301 (21.1%)

Education

No HS: 1.3%HS Grad: 31.9%Some College: 12.3%Associates: 21.8%Bachelors: 11.5%Graduate: 21.1%Edu
No HS1.3%
HS Grad31.9%
Some College12.3%
Associates21.8%
Bachelors11.5%
Graduate21.1%
Housing & Income

Housing Tenure

Owner: 78.9%Renter: 21.1%Tenure
Owner78.9%
Renter21.1%

Home Value Distribution

Under $50k
11%
$50k–$100k
11%
$100k–$150k
20%
$150k–$200k
12%
$200k–$300k
21%
$300k–$500k
12%
Over $500k
14%

Financials

Median HH Income$73,681 ≈ Avg
Median Home Value$175,600 ▼ 37% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$969/mo
Total Housing Units803
Vacant Units120

Income Distribution

Under $25k
9%
$25k–$50k
17%
$50k–$75k
22%
$75k–$100k
15%
$100k–$150k
23%
$150k–$200k
7%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
86%
Walked
4%
Work From Home
11%

Commute Time

Under 15 min
27%
15–30 min
28%
30–45 min
14%
Over 45 min
31%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
10%
1960s–1970s
11%
1980s–1990s
15%
2000+
61%
About Savoy, TX

Savoy is a city in Texas, located in Fannin County. The city spans 1 ZIP code and is home to approximately 2,090 residents. It is a middle-aged city, with a median age of 40.3 years.

Economically, Savoy is a solidly middle-class community. The median household income of $73,681 is near the national average. Approximately 10.7% of residents live below the poverty line. The unemployment rate is 1.8%, well below the national average.

The real estate market in Savoy is an affordable housing market. Median home values stand at $175,600, which is below the national average. Renters typically pay around $969 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.

The population of Savoy is moderately educated. 32.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (82.39%).

Savoy, TX offers residents a cost-conscious lifestyle within Texas.

ZIP Codes in Savoy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
75479 2,090 $73,681 $175,600 $969 1.8% 32.6% 78.9%