Savoy, IL

Census Place

2024 Population

8,968

US Senator

Dick Durbin

Democratic Party

US Senator

Tammy Duckworth

Democratic Party

2024 Median Age

0.783% 1-year decrease

2024 Poverty Rate

7.94%

12.2% 1-year decrease

2024 Median Household Income

$91,966

3.53% 1-year growth

2024 Median Property Value

$320,300

Population & Diversity

Savoy, IL is home to a population of 8.97k people, from which 85% are citizens.

As of 2024, 22.7% of Savoy, IL residents were born outside of the country (2.03k people).

In 2024, there were 3.1 times more White (Non-Hispanic) residents (5.64k people) in Savoy, IL than any other race or ethnicity. There were 1.82k Asian (Non-Hispanic) and 638 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

85%

2024 Citizenship

86.7%

2023 Citizenship

As of 2024, 85% of Savoy, IL residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Savoy, IL was 86.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Savoy, IL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Savoy, IL

White (Non-Hispanic)
5.64k ± 540
Asian (Non-Hispanic)
1.82k ± 433
Black or African American (Non-Hispanic)
638 ± 306

6.92%

Hispanic Population

621 people

6.92% of the people in Savoy, IL are hispanic (621 people).

The following chart shows the 8 races represented in Savoy, IL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Illinois.

Most Common Origin

Mexico
637,284 ± 19,101 people
India
166,788 ± 9,961 people
Poland
117,148 ± 8,364 people

In 2024, the most common birthplace for the foreign-born residents of Illinois was Mexico, the natal country of 637,284 Illinois residents, followed by India with 166,788 and Poland with 117,148.

Foreign-Born Population

22.7%

2024 Foreign-Born Population

2.03k people

20.9%

2023 Foreign-Born Population

1.84k people

As of 2024, 22.7% of Savoy, IL residents (2.03k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Savoy, IL was 20.9%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Savoy, IL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
119 ± 101
Gulf War (2001-)
103 ± 79
Korea
64 ± 62

Savoy, IL has a large population of military personnel who served in Vietnam, 1.16 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Savoy, IL.

Economy

The economy of Savoy, IL employs 4.4k people. In 2024, the largest industries in Savoy, IL were Educational Services (1,090 people), Health Care & Social Assistance (850 people), and Professional, Scientific, & Technical Services (462 people), and the highest paying industries were Administrative & Support & Waste Management Services ($153,603), Information ($116,094), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($100,154).

Employment

Occupations

4.4k

2024 Value

± 549

5.24%

1 Year growth

± 16.8%

From 2023 to 2024, employment in Savoy, IL grew at a rate of 5.24%, from 4.18k employees to 4.4k employees.

The most common job groups, by number of people living in Savoy, IL, are Education Instruction, & Library Occupations (660 people), Management Occupations (560 people), and Business & Financial Operations Occupations (477 people). This chart illustrates the share breakdown of the primary jobs held by residents of Savoy, IL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Illinois.

This chart shows weekly unemployment insurance claims in Illinois (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

4.4k

2024 Value

± 549

5.24%

1 Year growth

± 16.8%

From 2023 to 2024, employment in Savoy, IL grew at a rate of 5.24%, from 4.18k employees to 4.4k employees.

The most common employment sectors for those who live in Savoy, IL, are Educational Services (1,090 people), Health Care & Social Assistance (850 people), and Professional, Scientific, & Technical Services (462 people). This chart shows the share breakdown of the primary industries for residents of Savoy, IL, though some of these residents may live in Savoy, IL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$81,418

Median earning men ± $11,289

$58,315

Median earning women ± $17,470

The industries with the best median earnings for men in 2024 are Wholesale Trade ($209,659), Finance & Insurance, & Real Estate & Rental & Leasing ($131,696), and Information ($109,904).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($76,957), Manufacturing ($66,339), and Finance & Insurance, & Real Estate & Rental & Leasing ($65,846).

Housing & Living

The median property value in Savoy, IL was $320,300 in 2024, which is 0.963 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $280,700 to $320,300, a 14.1% increase. The homeownership rate in Savoy, IL is 59.3%, which is lower than the national average of 65.2%.

People in Savoy, IL have an average commute time of 18.1 minutes, and they drove alone to work. Car ownership in Savoy, IL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$320,300

Median Property Value 2024

±$16,901

$2,193

Median Property Taxes

±$322

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Savoy, IL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Savoy, IL compared to it's parent and neighbor geographies.

Rent vs Own

59.3%

Homeownership

2024

59.9%

Homeowners with Mortgage

2024

In 2024, 59.3% of the housing units in Savoy, IL were occupied by their owner. This percentage grew from the previous year's rate of 58.8%.

This chart shows the percentage of owner in Savoy, IL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$91,966

Median Household Income

± $11,046

3.7k

Number of Households

± 463

In 2024, the median household income of the 3.7k households in Savoy, IL grew to $91,966 from the previous year's value of $88,828.

The following chart displays the households in Savoy, IL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Savoy, IL is from Illinois.

0.471

2024 Wage GINI in Illinois

0.474

2023 Wage GINI in Illinois

In 2024, the income inequality in Illinois was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.55% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Illinois was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Illinois in comparison to the national average.

This chart shows the number of workers in Illinois across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (74.9%)
Worked At Home (18.3%)
Carpooled (6.53%)

In 2024, 74.9% of workers in Savoy, IL drove alone to work, followed by those who worked at home (18.3%) and those who carpooled to work (6.53%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

18.1 minutes

Average Travel Time

Using averages, employees in Savoy, IL have a shorter commute time (18.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0.308% of the workforce in Savoy, IL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Savoy, IL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Savoy, IL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Savoy, IL have 2 cars.

Poverty

Poverty & Diversity

7.94% of the population for whom poverty status is determined in Savoy, IL (700 out of 8.81k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Females 25 - 34 and then Males 18 - 24.

The most common racial or ethnic group living below the poverty line in Savoy, IL is White, followed by Asian and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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