Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Savoy, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Savoy.

← Back to Savoy Hub

Community Insights

High Incomes
$96k/year
top 20% nationally
Leading Industries
Public Administration · Arts, Food & Hospitality · Healthcare
44% public administration
Home Value Growth⬆⬆⬆
+25.8% over 2 years
Young Adults
35% of residents
well above average
Homeowners
68% of occupied units

People & Demographics

Total Population8,756
Households
Under 18
20.0%
Age 18–34
35.0%
Age 35–64
24.0%
Age 65+
21.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$279,974
Median Gross Rent$1,065/mo
Owner Occupied
67.8%
Renter Occupied
32.2%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$95,910
Poverty Rate

Key Industries

Healthcare12.0%
Professional Services1.0%
Manufacturing0.0%
Retail6.0%
Education1.0%

Amenities & Transit

Transit Score74 / 100
Walkability / Amenities56 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
22.0%
Master's or Higher
21.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Savoy?

The total population of Savoy is approximately 8,756. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Savoy walkable and transit-friendly?

Based on local geographic data, Savoy has an amenity and walkability score of 56/100 and a transit score of 74/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Savoy?

The housing market in Savoy is predominantly driven by homeowners, with 68% of housing units being owner-occupied and 32% being renter-occupied.

What is the education level of residents in Savoy?

In Savoy, approximately 22% of adult residents hold a bachelor's degree or higher. Additionally, 21% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.