City profile · Illinois · Census ACS 2023

Savoy, IL

Population, income, housing, safety, climate and schools for Savoy - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

8,807
Residents
$88,828
Median income
$280,700
Median home
$1,122
Median rent (state)

Savoy - the verdict

Out of every US city with 1,000+ residents, Savoy places in the 70th percentile for household income. Source: Census ACS.

70th
percentile, household income
62nd
percentile, home value
30th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Savoy, IL

Illinois's Savoy is a small town, with 8,807 residents per the latest Census Bureau ACS figures. The typical household in Savoy brings in $88,828 a year, above the median for U.S. cities on this measure, with a poverty rate of 4.0%. Typical homes in Savoy are valued around $280,700, and the median resident age is 38.3 years. Educational attainment runs 58.8% of adults with a bachelor's degree or higher. Separately, 62.2% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 29 residential units were authorized in 2024 (Construction Slowdown), down 29% from five years earlier.

Illinois tracks close to the national cost-of-living baseline: the state registers 100.0 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,122 per month statewide. EIA 2023 residential energy data puts Illinois's average monthly utility costs around $240 (state average). On FEMA's National Risk Index, this area rates 90.5 out of 100 for natural-hazard exposure (Very High).

Population

8,807 residents

Census ACS 2023 - Illinois

Median Household Income

$88,828 /yr

Poverty 4.0%

Cost of Living Index (state)

100.0 (US=100)

Near Average - BEA RPP 2024, Illinois average

How does Savoy compare to other US cities?

Here's how Savoy stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 70% higher than other cities
Home value 62% pricier than other cities
Median rent 30% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Savoy's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Illinois, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

70thIncome percentile

70th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Savoy's home value compares nationally

Median home value vs. every US city (population 1,000+)

$280,700 38th percentile more affordable than 38% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). This entry sits in this band. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Savoy $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Savoy, IL Savoy, IL's reported median household income shown against the U.S. national quintile-share pattern (not Savoy, IL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Savoy, IL median $88,828/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Savoy, IL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Savoy, IL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 58.8%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 4.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 62.2%

Census ACS S2301, share of working-age residents in the labor force

Population
8,807
Median Income
$88,828
Median Home Value
$280,700
Median Age
38.3
Poverty Rate
4.0%
Labor force participation
62.2%
Bachelor's Degree+
58.8%

Schools

Total Schools
1
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
8,800 residents8,900 residents9,000 residents9,100 residents9,200 residents 202020212022202320242025 8,868 residents 9,113 residents ▲ +2.8%
Savoy's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📉 Construction Slowdown
Total Permits (2024)
29
housing units authorized
Single-Family
29
detached homes
Multifamily
0
apartments & condos
Supply Intensity
3.3
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 41
2020 57
2021 39
2022 39
2023 67
2024 29

Permit volume decreased 29% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
76.3%
Carpool
6.1%
Public Transit
1.3%
Walk
0.0%
Work from Home
16.3%

Based on 4,117 workers 16 and over.

Monthly Utility Costs

State-average estimates for Illinois - EIA 2023 residential energy data

Electricity
$100
avg/month
Natural Gas
$90
avg/month
Water & Sewer
$50
avg/month
Total Utilities
$240
estimated/month

Estimates reflect Illinois state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Illinois state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Savoy sits in

Cost of Living Index
100.0
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,122/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
90.5 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Illinois

Monmouth
8,794 people
Harwood Heights
8,851 people
Olney
8,864 people
Mascoutah
8,743 people
Glencoe
8,715 people
Lake Villa
8,707 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Savoy's 8,807 residents (Census ACS 5-Year 2023).

Aransas Pass, TX
8,807 people
Fort Valley, GA
8,808 people
Baxter, MN
8,804 people
Park Forest, PA
8,810 people
Boonton, NJ
8,803 people
Valley Cottage, NY
8,803 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Savoy's $88,828 (Census ACS 5-Year 2023, table B19013).

Atascadero, CA
$88,830 median income
Rodeo, CA
$88,819 median income
La Crosse, FL
$88,819 median income
Callicoon, NY
$88,819 median income
Corbin City, NJ
$88,839 median income
Kitty Hawk, NC
$88,811 median income

Race & Ethnicity Composition

Race and ethnicity - Savoy, IL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Savoy, IL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 66.6% 9.1% 15.1% 8.8% ETHNICITY, Hispanic or Latino (any race) 8.0% White 66.6% Black or African American 9.1% Asian 15.1% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.3% Two or more races 8.8% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Savoy compares to nearby Illinois cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Savoy (this city) 8,807 $88,828
Monmouth 8,794 $59,690
Harwood Heights 8,851 $79,651
Olney 8,864 $57,997
Census ACS 5-year FIPS IL NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Savoy, IL?

What is the population of Savoy, IL? +

8,807 people live in Savoy, IL according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Savoy, IL? +

Median annual household income in Savoy runs $88,828, based on Census ACS 2023 data.

What is the cost of living in Savoy? +

BEA does not publish a city-level cost-of-living figure for Savoy; the closest available measure is the Illinois state average, a cost of living index of 100.0 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Illinois vary by metro area.

What is the median home value in Savoy, IL? +

A typical home in Savoy is worth $280,700, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.