Savoy, Illinois Population 2023

8,847

Savoy is a city located in Champaign County Illinois. Savoy has a 2023 population of 8,847. Savoy is currently growing at a rate of 0.14% annually and its population has increased by 0.41% since the most recent census, which recorded a population of 8,811 in 2020.

The average household income in Savoy is $105,226 with a poverty rate of 11.52%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Savoy is 35.4 years, 36.7 years for males, and 34.5 years for females.

Savoy Demographics

According to the most recent ACS, the racial composition of Savoy was:

  • White: 77.37%
  • Asian: 12.89%
  • Black or African American: 5.13%
  • Two or more races: 4.62%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
3.2 sq mi
Density (mi²)
2,736.20/sq mi
Growth Rate
0.14% (12)
Growth Since 2020
0.41% (36)
The current population of Savoy, Illinois is 8,847 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 8,811.

Savoy, Illinois Population 2023

Population by Race

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White

Asian

Black or African American

Two or more races

Native American

Native Hawaiian or Pacific Islander

Other race

Savoy Population by Race

Savoy Population Pyramid 2023

Savoy Median Age

35.4

Total

36.7

Male

34.5

Female

Savoy Adults

There are 6,912 adults, (1,700 of whom are seniors) in Savoy.

Savoy Age Dependency

68.7

Age Dependency Ratio

32.6

Old Age Dependency Ratio

36.1

Child Dependency Ratio

Savoy Sex Ratio

Female4,98356.67%
Male3,81043.33%

Savoy Population by Age

Savoy Renter vs Owner Occupied by Household Type

3.24

Average Family Size

2.51

Average Household Size

57.2%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Savoy Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Savoy Educational Attainment by Sex (over 25)

Savoy Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among asian people with a rate of 88.38%.

The highest rate of bachelors degrees is among asian people with a rate of 83.84%.

Savoy Educational Attainment by Race

All

Male

Female

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$57,818

Average Earnings

$69,792

Average Male

$49,012

Average Female

Savoy Earnings by Educational Attainment

Savoy Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Savoy Language

81.2% of Savoy residents speak only English, while 18.8% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 9.6% of the population.

Savoy Language

Savoy Poverty by Race

rate

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11.52%

Overall Poverty Rate

9%

Male Poverty Rate

13.45%

Female Poverty Rate

Poverty in Savoy

The race most likely to be in poverty in Savoy is Black, with 42.75% below the poverty level.

The race least likely to be in poverty in Savoy is Hispanic, with 4.12% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.36%. Among those working part-time, it was 21.99%, and for those that did not work, the poverty rate was 16.51%.

Savoy Poverty

rate

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Savoy Poverty Rate by Education

rate

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Savoy Poverty Rate by Employment Status and Sex

Savoy Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Savoy Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

48.3%

Overall Marriage Rate

54.2%

Male Marriage Rate

43.6%

Female Marriage Rate

Savoy Married by Age and Sex

male

female

Savoy Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.

Savoy Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Savoy Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

268

Number of Veterans

247

Male Veterans

21

Female Veterans

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Savoy Veterans by War

count

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Savoy Veterans by Age

count

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Savoy Veterans by Race

Savoy Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

46.15%

Veteran Disability Rate

Savoy Veterans by Education

LaborForceParticipation

62.1%

Labor Force Participation

60.2%

Employment Rate

3%

Unemployment Rate

Savoy Employment by Age

LaborForceParticipation

Savoy Employment by Race

LaborForceParticipation

Savoy Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

67.64%

Born in Savoy

85.03%

Native Born

14.63%

Foreign Born

8.67%

Non Citizen

5.96%

Naturalized

Place of Birth

85.03% of Savoy residents were born in the United States, with 67.64% having been born in Illinois. 8.67% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Savoy Place of Birth

Note: data after 2021 is projected based on recent change

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Savoy Population by Year