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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

Income Overview

Median Household Income
$88,828
18% above
US avg: $75,149
Per Capita Income
$47,009
20% above
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
4.0%
68% below
US avg: 12.4%

Income Comparison: Savoy vs. U.S. Average

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

Median Household
US: $75,149
$88,828
118%
Per Capita
US: $39,052
$47,009
120%
IRS Avg AGI
US: $72,000
$79,600
111%
Avg Weekly Wage
US: $1,432
$1,235
86%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,235
14% below US avg ($1,432)
Mean Commute Time
17 min
38% below US avg (28 min)
Work From Home
16.3%
7% above US avg (15.2%)
Drive Alone
76.3%
4% above US avg (73.2%)
Public Transit
1.3%
74% below US avg (5.0%)
County GDP
$15,450M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.3%
Public Transit 1.3%
Work From Home 16.3%
Other 6.1%
Average commute time
17 minutes
US avg: 28 min

Business Landscape

Total Establishments
4,160
Restaurants
590
Healthcare
419
Retail
576
Manufacturing
124

Tax & Financial

IRS Avg Adjusted Gross Income
$79,600
11% above US avg ($72,000)
Avg Property Tax
$7,971
128% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$88,828
Per Capita Income$47,009
IRS Avg Adjusted Gross Income$79,600
Avg Weekly Wage$1,235
County GDP$15,450M

Hardship Indicators

Unemployment Rate0.8%
Poverty Rate4.0%
Gini Coefficient0.498
Cost of Living Index100.0

Commute

Mean Commute17 minutes
Drive Alone76.3%
Public Transit1.3%
Work From Home16.3%

Businesses

Total Establishments4,160
Restaurants590
Healthcare419
Retail576
Manufacturing124

Tax

IRS Avg AGI$79,600
Avg Property Tax$7,971