Census Bureau data for Savoy village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Savoy village
- What is the median household income in Savoy village?
- The median household income in Savoy village is $88,828 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Savoy village?
- The poverty rate in Savoy village is 4.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Savoy village?
- $280,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Savoy village?
- The median gross rent in Savoy village is $954 per month (U.S. Census Bureau ACS 2023).
- What percentage of Savoy village residents have a college degree?
- 58.8% of adults in Savoy village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,807
Median Income
$88,828
Median Home Value
$280,700
Poverty Rate
4.0%
Unemployment (ACS 2023)
1.2%
Median Age
38.0 yrs
Since 2019
Median Income:
+$16,043 (+22%)
Home Value:
+$47,700 (+20.5%)
Poverty Rate:
-5.2 pp (-56.5%)
Bachelor's+:
-3.6 pp (-5.8%)
Unemployment:
-3.1 pp (-72.1%)
Demographics
Total Population
8,807
Median Age
38.0
Female
58.3%
Race & Ethnicity
Hispanic or Latino 8.0%
White (non-Hisp.) 64.9%
Black 9.1%
Asian 15.1%
Two or More 8.8%
Other 0.3%
Asian Subgroups (% of total pop.)
Indian
4.7%
Chinese
3.7%
Korean
3.1%
Filipino
1.4%
Vietnamese
0.6%
Japanese
0.5%
Hispanic Subgroups (% of total pop.)
Mexican
4.7%
Cuban
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$88,828
±$10,832
+$7,126 vs. state
Per Capita Income
$116,646
Median Family Income
$134,150
Poverty Rate
4.0%
-4.2 pp vs. state
Child Poverty Rate
4.9%
Working-Age Poverty Rate
—
SNAP Recipients
5.4%
Social Security Income
—
Retirement Income
28.4%
Household Income Distribution
< $10k
3.9%
$10–15k
1.6%
$15–25k
3.3%
$25–35k
7.3%
$35–50k
6.0%
$50–75k
21.3%
$75–100k
11.8%
$100–150k
14.6%
$150–200k
15.5%
$200k+
14.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,837
Owner-Occupied
58.8%
Renter-Occupied
41.2%
Vacancy Rate
8.9%
Median Home Value
$280,700
+$30,200 vs. state
Median Gross Rent
$954
Owner Cost Burden (30%+)
5.9%
Renter Cost Burden (30%+)
32.3%
Home Value Distribution
< $50k
0.6%
$50–100k
2.1%
$100–200k
9.0%
$200–300k
34.3%
$300–500k
40.8%
$500k–$1M
2.4%
$1M+
0.9%
Gross Rent Distribution
< $500
1.3%
$500–1k
52.1%
$1–1.5k
24.2%
$1.5–2k
10.2%
$2–2.5k
2.0%
$3.5k+
10.1%
Vehicle Availability
No vehicle
7.4%
1 vehicle
37.2%
2 vehicles
40.2%
3+
15.2%
Housing Type
Single-fam. det.
45.1%
Single-fam. att.
11.0%
2–4 units
2.8%
5–19 units
13.2%
20+ units
16.2%
Housing Age
Pre-1940
2.2%
1940–1969
0.4%
1970–1999
16.5%
2000–2009
18.0%
2010+
18.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.9%
Bachelor's or Higher
58.8%
+21.6 pp vs. state
Graduate Degree
33.4%
Some College / Associate
11.7%
Less Than High School
1.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.0%
Unemployment Rate
1.2%
-4.6 pp vs. state
Work from Home
16.3%
Self-Employed
5.9%
Government Workers
27.5%
Private For-Profit
66.6%
Industry
Edu/Health
45.2%
Prof. Services
11.2%
Retail
8.7%
Manufacturing
7.8%
Finance
6.2%
Transportation
5.4%
Construction
3.7%
Public Admin
2.7%
Wholesale
2.5%
Information
1.9%
Agriculture
1.2%
Arts/Entmt.
1.1%
Occupation
Management
63.1%
Sales
13.0%
Production
10.2%
Food Prep
10.2%
Construction
3.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
17.0 min
Drove Alone
76.3%
Carpool
6.1%
Public Transit
1.3%
Work from Home
16.3%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,496
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
45.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
23.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.2%
5–9
7.8%
10–14
7.9%
15–19
3.7%
20–24
7.4%
25–34
11.9%
35–44
15.3%
45–54
11.1%
55–64
3.9%
65–74
4.7%
75–84
10.7%
85+
3.4%
Under 18: 26.0%
Working age (18–64): 74.0%
65 and over: 19.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
22.4%
Naturalized Citizen
40.3%
Speaks English Less Than Very Well
9.2%
Foreign-Born Origin
Asia
65.6%
Africa
13.3%
Europe
10.5%
Latin America
5.5%
Veterans & Disability
Veteran
5.8%
With a Disability
13.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.2%
Uninsured
3.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
91.7%
Has a Computer
96.8%
Same House 1 Year Ago
89.9%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023