Savoy

County:: Champaign County
County Seat:: No
Area (mi²):: 3.286
State:: Illinois

Savoy is a village located in Champaign County, Illinois. Savoy has a 2025 population of 8,908. Savoy is currently growing at a rate of 0.1% annually and its population has increased by 0.49% since the most recent census, which recorded a population of 8,865 in 2020.

The average household income in Savoy is $115,688 with a poverty rate of 9.05%. The median age in Savoy is 38.3 years: 39.7 years for males, and 37.3 years for females.

Demographics

The racial composition of Savoy includes 66.64% White, 15.14% Asian, 9.12% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Black or African American

Two or more races

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	5,869	66.64%
Asian	1,333	15.14%
Black or African American	803	9.12%
Two or more races	776	8.81%
Other race	26	0.3%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Savoy Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Savoy's average per capita income is $62,623. Household income levels show a median of $88,828. The poverty rate stands at 9.05%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$151,747	-
Families	$134,150	$153,685
Households	$88,828	$115,688
Non Families	$58,309	$68,804

$62,623

Average Income

$88,828

Median Household Income

9.05%

Poverty Rate