Savoy, TX
Full City Profile · Texas · Fannin County County
3.5
/5.0
B+
Good
966
Population
1,208/sq mi density
$60,268
Median Income
$26,134 per capita
$139,100
Home Value
$321,273 Zillow
$1,053
Median Rent
20.9% income on rent
64°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,268 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$139,100 home value, $1,053/mo rent
D
Education
1.6 / 5.0
8.1% bachelor's degree or higher
Housing Overview
Median Home Value
$139,100
51% below
US avg: $281,900
Median Rent
$1,053/mo
9% below
US avg: $1,163/mo
Homeownership Rate
69.3%
6% above US avg (65.4%)
Total Housing Units
369
Median year built: 1970
Home Value by Source
Census Median
$139,100
Zillow (ZHVI)
$321,273
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.3%
Owner-Occupied
30.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,053/mo
Affordability & Housing Stock
Rent Burden
20.9%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
69.3%
Complete Housing Data
Home Values
| Census Median Value | $139,100 |
| Zillow Home Value (ZHVI) | $321,273 |
Rent
| Census Median Rent | $1,053 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 69.3% |
| Renter-Occupied | 30.7% |
| Homeownership Rate | 69.3% |
| Total Housing Units | 369 |
| Median Year Built | 1970 |
| Rent Burden | 20.9% |