Savoy, IL Profile: Facts, Map & Data

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Savoy, Illinois - Basic Facts

The Village of Savoy had a population of 8,221 as of July 1, 2017. Savoy ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Savoy is located at latitude 40.0602 and longitude -88.255 in Champaign County. The formal boundaries for the Village of Savoy (see map below) encompass a land area of 3.22 sq. miles and a water area of 0.04 sq. miles. Champaign County is in the Central time zone (GMT -6). The elevation is 735 feet.

The Village of Savoy (GNIS ID: 2399765) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Savoy is located within Township of Champaign, a minor civil division (MCD) of Champaign County.

Beneath the boundary map are tables with Savoy population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Alternate Unofficial Names for Savoy: Savoy Station.


Neighborhood Data

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Village of Savoy, IL Boundary Map



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Boundary Maps: Township of Champaign | Champaign County | Illinois Counties

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Savoy, IL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 8,221
Daytime Population: Workers 2,421
Daytime Population: Residents 4,502
Total Daytime Population (TDP) 6,923
Ratio TDP/Total Population1 0.84
Population in Households 8,079
Population in Familes 5,866
Population in Group Qrtrs 142
Population Density2 2,556
Diversity Index3 45
 

INCOME

Median Household Income $66,935
Average Household Income $91,865
Per Capita Income $40,103

HOUSING

Total Housing Units 3,785 (100%)
Owner Occupied HU 1,945 (51.4%)
Renter Occupied HU 1,687 (44.6%)
Vacant Housing Units 153 ( 4.0%)
Median Home Value $204,002
Average Home Value $210,064
 

HOUSEHOLDS

Total Households 3,632
Average Household Size 2.22
Family Households 2,010
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.69% 1.22%
Households 1.51% 1.2%
Families 3.24% 1.11%
Median Household Income   2.94%
Per Capita Income   2.46%

Savoy, IL - Peer Comparisons by Rank and Percentile

The table below compares Savoy to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 253 82nd
Population Density # 173 87th
Diversity Index # 223 84th
Median Household Income # 295 79th
Per Capita Income # 123 91st

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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