Savoy, Illinois Population 2024

8,966

Savoy is a city located in Champaign County Illinois. Savoy has a 2024 population of 8,966. Savoy is currently growing at a rate of 0.36% annually and its population has increased by 1.43% since the most recent census, which recorded a population of 8,840 in 2020.

The average household income in Savoy is $116,622 with a poverty rate of 10.86%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Savoy is 38.2 years, 38.6 years for males, and 37.6 years for females.

Savoy Demographics

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

  • White: 74.04%
  • Asian: 13.73%
  • Black or African American: 6.46%
  • Two or more races: 5.77%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
3.2 sq mi
Density (mi²)
2,773.0/sq mi
Growth Since 2020
1.43% (126)
The current population of Savoy, Illinois is 8,966 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 8,840.

Savoy, Illinois Population 2024

Population by Race

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Race
Population
Percentage (of total)
White6,42874.04%
Asian1,19213.73%
Black or African American5616.46%
Two or more races5015.77%
Native American00%
Native Hawaiian or Pacific Islander00%
Other race00%

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 2024

Savoy Median Age

38.2

Total

38.6

Male

37.6

Female

Savoy Adults

There are 6,558 adults, (1,676 of whom are seniors) in Savoy.

Savoy Age Dependency

77.8

Age Dependency Ratio

34.3

Old Age Dependency Ratio

43.5

Child Dependency Ratio

Savoy Sex Ratio

Female4,93556.84%
Male3,74743.16%

Savoy Population by Age

Savoy Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All3,4652.4657.442.6
Non Family1,5811.5540.559.5
Married1,5803.2178.521.5
Female2113.0138.961.1
Male934.192872

3.24

Average Family Size

2.46

Average Household Size

57.4%

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 white people with a rate of 98.46%.

The highest rate of bachelors degrees is among asian people with a rate of 86.85%.

Savoy Educational Attainment by Race

All

Male

Female

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$61,646

Average Earnings

$84,375

Average Male

$47,250

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

77.63% of Savoy residents speak only English, while 22.37% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 8.74% of the population.

Savoy Language

Savoy Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White6,1145799.47%
Black52920739.13%
Asian1,1921099.14%
Hispanic512214.1%
Multiple501203.99%

10.86%

Overall Poverty Rate

8.62%

Male Poverty Rate

12.58%

Female Poverty Rate

Poverty in Savoy

The race most likely to be in poverty in Savoy is Black, with 39.13% below the poverty level.

The race least likely to be in poverty in Savoy is Multiple, with 3.99% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.31%. Among those working part-time, it was 23.34%, and for those that did not work, the poverty rate was 15.78%.

Savoy Poverty

rate

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Rate
Poverty
Less Than 9th Grade30.54%
Bachelors or Greater6.04%
High School3.56%
Some College2.91%

Savoy Poverty Rate by Education

rate

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Rate
Poverty
Female Employed9.55%
Male Employed5.05%
Male Unemployed0%
Female Unemployed0%

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

54.6%

Male Marriage Rate

43.3%

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

281

Number of Veterans

254

Male Veterans

27

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

44.71%

Veteran Disability Rate

Savoy Veterans by Education

LaborForceParticipation

63.2%

Labor Force Participation

62.3%

Employment Rate

1.4%

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

63.52%

Born in Savoy

81.84%

Native Born

18.16%

Foreign Born

8.65%

Non Citizen

9.51%

Naturalized

Place of Birth

81.84% of Savoy residents were born in the United States, with 63.52% having been born in Illinois. 8.65% 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 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20299,123310.34%
20289,092320.35%
20279,060310.34%
20269,029320.36%
20258,997310.35%
20248,966320.36%
20238,934310.35%
20228,903290.33%
20218,874340.38%
20208,8404435.28%
20198,397-20-0.24%
20188,417881.06%
20178,329991.2%
20168,2301301.6%
20158,1002403.05%
20147,8601772.3%
20137,6831391.84%
20127,544891.19%
20117,4551131.54%
20107,34200%
20004,4761,80267.39%
19902,674-6,449-70.69%

Savoy Population by Year