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Savoy, IL

Full City Profile · Illinois · Champaign County County

3.9 /5.0
B+ Good
8,807 Population 2,677/sq mi density
$88,828 Median Income $47,009 per capita
$280,700 Home Value $344,822 Zillow
$954 Median Rent 25.5% income on rent
53°F Avg Temperature 275 sunny days/yr
743 Violent Crime/100K 2,685 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,828 median income, 0.8% unemployment
A+
Affordability
4.9 / 5.0
$280,700 home value, $954/mo rent
F
Safety
1.0 / 5.0
743 violent crimes/100K (96% above avg)
A+
Education
5.0 / 5.0
58.8% bachelor's degree or higher

Savoy, IL

At a Glance

Median Income
$88,828
18% above
$47,009 per capita
Home Value
$280,700
0% below
Zillow: $344,822
Median Rent
$954/mo
18% below
25.5% of income on rent
Violent Crime
743/100K
96% above
2,685/100K property
Bachelor's Degree+
58.8%
74% above
97.9% high school+
Unemployment
0.8%
78% below
4.0% poverty rate
Obesity Rate
29.8%
7% below
10.6% smoking rate
Avg Temperature
53°F
275 sunny days/yr

How Savoy Compares to the U.S. Average

Each bar shows Savoy's value as a percentage of the national average (100% = U.S. avg)

Income
118%
Home Value
100%
Rent
82%
Poverty
32%
Bachelor's
174%
Unemployment
22%
Crime
196%
Thin vertical line = U.S. national average (100%)

Is Savoy a Good Place to Live?

B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Savoy residents earn a median household income of $88,828 , which is 18% above the national average of $75,149. Per capita income is $47,009. The unemployment rate stands at 0.8% (78% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 4,160 business establishments, including 590 restaurants.

Housing & Cost of Living

The median home value in Savoy is $280,700 , 0% below the national median of $281,900. Zillow estimates the typical home at $344,822. Median rent is $954/month, with 25.5% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1996.

Safety & Crime

Savoy reports 743 violent crimes per 100,000 residents , which is 96% above the national average of 380/100K. Property crime is 2,685/100K.

Education

58.8% of adults in Savoy hold a bachelor's degree or higher (74% above the national average). 97.9% have completed high school. Local schools score 5.3/10 in standardized testing.

Climate & Weather

Savoy has an average annual temperature of 53°F (11°C). Winters average 26°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 37.0 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population8,807
Median Age38.3 yrs
Density2,677/mi²
Male / Female42% / 58%
Foreign Born13.6%
Veterans5.8%

Economy

A+
Median Income$88,828
Per Capita$47,009
Unemployment0.8%
Poverty4.0%
County GDP$15,450M
Avg Weekly Wage$1,235

Housing

A+
Home Value$280,700
Rent$954
Ownership58.8%
Zillow$344,822
Housing Units3,790
Rent Burden25.5%

Crime

F
Violent743/100K
Property2,685/100K

Health

Obesity29.8%
Diabetes9.1%
Smoking10.6%
Heart Disease4.4%
Premature Death7,180/100K

Climate

Avg Temp53°F
Sunny Days275/yr
Rain37.0 in/yr
AQI43 (Good)
Elevation742 ft

Education

A+
Bachelor's+58.8%
High School+97.9%
Graduate+31.6%
School Score5.3/10

Community

2024 VoteR 37% / D 61%
Commute17 min
Broadband91.7%
Internet Speed108 Mbps
EV Stations2
Libraries11

Did You Know?

Savoy was founded in 1956.
The median home in Savoy was built in 1996.
16.3% work from home.
The nearest airport is Vermilion Regional (36 miles).
The Gini coefficient (income inequality) is 0.498 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 108 Mbps.
There are 590 restaurants in the area.
The county recorded 19 fatal vehicle crashes.