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 8,682.
The median home value in Savoy is $307,692.
The median income in Savoy is $86,605.
The cost of living in Savoy is 96 which is 1.0x lower than the national average.
The median rent in Savoy is $995.
The unemployment rate in Savoy is 1.4%.
The poverty rate in Savoy is 10.9%.
The average high in Savoy is 61.6° and the average low is 41.2°.
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 96 with 100 being average.
The cost of living in Savoy is 1.0x lower than the national average.
The median home value in Savoy is $307,692.
The median income in Savoy is $86,605.
Living Expense | Savoy | Illinois | National Average | |
---|---|---|---|---|
Overall | 96 | 92 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 86 | 96 | 100 | |
Housing | 108 | 81 | 100 | |
Transportation | 92 | 105 | 100 | |
Utilities | 92 | 90 | 100 |
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 |
The current population in Savoy is 8,682. The population has increased 35.9% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 8,682 | 0.3% |
2021 | 8,654 | 1.2% |
2020 | 8,551 | 5.3% |
2019 | 8,118 | 0.6% |
2018 | 8,066 | 2.9% |
2017 | 7,835 | 7.5% |
2016 | 7,290 | 4.3% |
2015 | 6,989 | 5.4% |
2014 | 6,632 | 3.8% |
2013 | 6,388 | - |
72.0% White with 6,249 White residents.
6.5% African American with 561 African American residents.
0.0% American Indian with 0 American Indian residents.
13.6% Asian with 1,180 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
2.1% Two Or More with 180 Two Or More residents.
5.9% Hispanic with 512 Hispanic residents.
Race | Savoy | IL | USA |
---|---|---|---|
White | 72.0% | 59.6% | 58.9% |
African American | 6.5% | 13.7% | 12.1% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 13.6% | 5.7% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.0% | 0.3% | 0.4% |
Two Or More | 2.1% | 2.8% | 3.5% |
Hispanic | 5.9% | 17.8% | 18.7% |
Savoy is 56.8% female with 4,935 female residents.
Savoy is 43.2% male with 3,746 male residents.
Gender | Savoy | IL | USA |
---|---|---|---|
Female | 56.8% | 50.5% | 50.4% |
Male | 43.2% | 49.5% | 49.6% |
3.0% of adults in Savoy completed < 9th grade.
1.0% of adults in Savoy completed 9-12th grade.
21.0% of adults in Savoy completed high school / ged.
13.0% of adults in Savoy completed some college.
5.0% of adults in Savoy completed associate's degree.
26.0% of adults in Savoy completed bachelor's degree.
19.0% of adults in Savoy completed master's degree.
5.0% of adults in Savoy completed professional degree.
7.0% of adults in Savoy completed doctorate degree.
Education | Savoy | IL | USA |
---|---|---|---|
< 9th Grade | 3.0% | 6.0% | 4.0% |
9-12th Grade | 1.0% | 5.0% | 6.0% |
High School / GED | 21.0% | 25.0% | 26.0% |
Some College | 13.0% | 20.0% | 20.0% |
Associate's Degree | 5.0% | 8.0% | 9.0% |
Bachelor's Degree | 26.0% | 22.0% | 21.0% |
Master's Degree | 19.0% | 11.0% | 10.0% |
Professional Degree | 5.0% | 2.0% | 2.0% |
Doctorate Degree | 7.0% | 1.0% | 2.0% |
3.2% of households in Savoy earn Less than $10,000.
1.2% of households in Savoy earn $10,000 to $14,999.
5.3% of households in Savoy earn $15,000 to $24,999.
6.8% of households in Savoy earn $25,000 to $34,999.
8.3% of households in Savoy earn $35,000 to $49,999.
19.0% of households in Savoy earn $50,000 to $74,999.
11.0% of households in Savoy earn $75,000 to $99,999.
15.4% of households in Savoy earn $100,000 to $149,999.
14.1% of households in Savoy earn $150,000 to $199,999.
15.7% of households in Savoy earn $200,000 or more.
Income | Savoy | IL | USA |
---|---|---|---|
Less than $10,000 | 3.2% | 5.3% | 4.9% |
$10,000 to $14,999 | 1.2% | 3.5% | 3.8% |
$15,000 to $24,999 | 5.3% | 6.7% | 7.0% |
$25,000 to $34,999 | 6.8% | 7.1% | 7.4% |
$35,000 to $49,999 | 8.3% | 10.1% | 10.7% |
$50,000 to $74,999 | 19.0% | 15.4% | 16.1% |
$75,000 to $99,999 | 11.0% | 12.9% | 12.8% |
$100,000 to $149,999 | 15.4% | 17.6% | 17.1% |
$150,000 to $199,999 | 14.1% | 9.4% | 8.8% |
$200,000 or more | 15.7% | 12.1% | 11.4% |