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Savoy, TX

Full City Profile · Texas · Fannin County County

2.9 /5.0
C+ Fair
966 Population 1,208/sq mi density
$60,268 Median Income $26,134 per capita
$139,100 Home Value $302,836 Zillow
$1,053 Median Rent 20.9% income on rent
64°F Avg Temperature 308 sunny days/yr
682 Violent Crime/100K 1,736 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,268 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$139,100 home value, $1,053/mo rent
F
Safety
1.0 / 5.0
682 violent crimes/100K (79% above avg)
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)
$302,836
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.3%
Owner-Occupied
30.7%
Renter-Occupied
69%
31%
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)$302,836

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-Occupied69.3%
Renter-Occupied30.7%
Homeownership Rate69.3%
Total Housing Units369
Median Year Built1970
Rent Burden20.9%