Savoy is a city located in Champaign County Illinois. With a 2020 population of 8,385, it is the 248th largest city in Illinois and the 3500th largest city in the United States . Savoy is currently declining at a rate of -0.10% annually but its population has increased by 15.18% since the most recent census, which recorded a population of 7,280 in 2010. Savoy reached it's highest population of 8,409 in 2018. Spanning over 3 miles, Savoy has a population density of 2,593 people per square mile.
The average household income in Savoy is $92,208 with a poverty rate of 16.86%. The median rental costs in recent years comes to $941 per month, and the median house value is $233,000. The median age in Savoy is 34.2 years, 35.3 years for males, and 33.6 years for females.