Savoy, IL Profile: Facts & Data

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Savoy, Illinois - Basic Facts

The Village of Savoy had a population of 8,338 as of July 1, 2018. 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.

Alternate Unofficial Names for Savoy: Savoy Station.

Jump to... (On This Page!)
  1. Savoy 2018 Demographic Data
  2. Growth Rates for Savoy (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Savoy, IL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 8,338
Population in Households 8,196
Population in Familes 5,995
Population in Group Qrtrs 142
Population Density2 2,593
Diversity Index3 45
 

INCOME

Median Household Income $67,380
Average Household Income $93,950
Per Capita Income $40,998

HOUSING

Total Housing Units 3,755 (100%)
Owner Occupied HU 2,146 (57.2%)
Renter Occupied HU 1,542 (41.1%)
Vacant Housing Units 68 ( 1.8%)
Median Home Value $206,147
Average Home Value $215,948
 

HOUSEHOLDS

Total Households 3,687
Average Household Size 2.22
Family Households 2,034
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 1.66% 1.19%
Households 1.51% 1.17%
Families 2.99% 1.11%
Median Household Income   2.09%
Per Capita Income   2.23%

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, 2018 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 # 250 82nd
Population Density # 167 88th
Diversity Index # 219 84th
Median Household Income # 319 77th
Per Capita Income # 129 91st

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

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