Everything You Should Know Before Moving to Savoy, IL
Thinking of moving to Savoy, IL? This friendly village of about 8,800 residents offers affordable living, with median home prices around $285,000 and average rents near $1,120. Savoy boasts a low violent crime rate (123 per 100k), short average commutes (18.5 minutes), and great access to higher education and healthcare. With 60% sunny days, excellent local schools, and proximity to the University of Illinois, Savoy is an inviting choice for families and professionals alike.
Demographics - Savoy, IL
Savoy, IL is home to nearly 8,900 residents, offering a diverse community with a median age of 34 and a balanced gender ratio. The population features a mix of White (68%), Asian (18%), and Black (10%) residents, and about 11% are non-English speakers, contributing to the village's multicultural atmosphere.
Population:
8,857
Density:
2,050 per sq mi
Median Age:
34.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
10.8%
Ethnic Composition
White:
68.1%
Black:
9.5%
Asian:
17.8%
Others:
4.6%
Cost Of Living
What is the average cost of living in Savoy, IL?
Savoy offers a relatively affordable cost of living, with a median home value of $285,000 and average rents around $1,120. The overall cost of living index is below the national average, making it an attractive option for both renters and homeowners.
Median House Value:
$285,000
Gross Rent:
$1,120
Monthly Electricity Charges:
$105
Auto Insurance:
$1,180
House Owner Cost With Mortgage:
$1,720
House Owner Cost Without Mortgage:
$590
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
91.6
Grocery:
93.2
Housing:
85.0
Utilities:
97.5
Transportation:
88.1
Health Care:
92.0
Miscellaneous:
94.0
Crime
Is Savoy, IL a safe place to live?
Residents of Savoy enjoy a low crime environment, with a violent crime rate of just 123 per 100,000 and a 1 in 813 chance of being a victim. Property crime is also relatively rare, helping contribute to a strong sense of safety in the community.
Violent Crimes Per 100k:
123
Property Crimes Per 100k:
1,235
Crime Index:
1,358
Chance Of Violent Crime:
1 in 813
Chance Of Property Crime:
1 in 81
Weather
What is the weather like in Savoy, IL year-round?
Savoy experiences four distinct seasons, with warm summers peaking at 86°F and cold winters dipping to 18°F. The village enjoys about 60% sunny days and receives roughly 39 inches of annual rainfall, making it suitable for those who appreciate seasonal variety.
Winter
Min:
18°F
Max:
36°F
Spring
Min:
42°F
Max:
67°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
44°F
Max:
69°F
Average Rainfall Inches:
39.2 inches
Sunny Days Percentage:
60%
Neighbors
Local households in Savoy report a median income of $77,150, and family incomes exceed $100,000, reflecting a comfortable standard of living. The poverty rate is below 10%, and most residents have a commute of under 20 minutes, making daily life convenient and accessible.
Median Income:
$41,200
Household Income:
$77,150
Family Income:
$101,200
Per Capita Income:
$39,800
Income Male:
$54,600
Income Female:
$46,200
Poverty Rate:
9.4%
Non English Speakers:
10.8%
Rent:
$1,120
Unemployment Rate:
3.7%
Public Transport Usage:
1.3%
Commute Time:
18.5 minutes
Education
High School or Higher:
96.2%
Bachelors or More:
55.5%
Education
How are the schools in Savoy, IL?
Education in Savoy is a strong asset, with reputable public and private schools and proximity to the University of Illinois Urbana-Champaign just two miles away. Families benefit from quality local schools and easy access to higher education institutions in the region.
Public Schools
Name:
Carrie Busey Elementary School
Street:
304 Prairie Rose Lane
Phone:
217-351-3811
Students:
520
Student Teacher Ratio:
16.5
Name:
Unit 4 School District - Champaign Central High School
Street:
610 W University Ave, Champaign
Phone:
217-351-3911
Students:
1,430
Student Teacher Ratio:
17.2
Private Schools
Name:
St. Matthew Catholic School
Street:
1301 Lincolnshire Dr, Champaign
Phone:
217-359-4114
Students:
260
Colleges
Name:
University of Illinois Urbana-Champaign
City:
Urbana
State:
IL
Distance:
2 miles
Students:
56,000
Name:
Parkland College
City:
Champaign
State:
IL
Distance:
7 miles
Students:
6,400
Healthcare
Savoy residents benefit from excellent healthcare access, with major hospitals like Carle Foundation Hospital and OSF Heart of Mary Medical Center nearby. Health insurance coverage is high at nearly 96%, and there are 2.4 physicians per 1,000 residents, ensuring quality medical care for the community.
Major Hospitals
Name:
Carle Foundation Hospital
Address:
611 W Park St, Urbana, IL 61801
Phone:
(217) 383-3311
Type:
General & Surgical
Emergency Services:
Yes
Name:
OSF Heart of Mary Medical Center
Address:
1400 W Park St, Urbana, IL 61801
Phone:
(217) 337-2000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.4
Health Insurance Coverage:
95.7%
Health Care Index:
79.2
Housing Market
What is the housing market like in Savoy, IL?
The housing market in Savoy features a median home price of $285,000 and an average two-bedroom rent of $1,120. With a homeownership rate close to 60% and a relatively low foreclosure rate, the area offers both stability and opportunity for buyers and renters.
Median Home Price:
$285,000
Average Rent For 2 Bedroom:
$1,120
Owner Occupied Rate:
59.3%
Rental Vacancy Rate:
6.8%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.7%
Foreclosure Rate:
0.4%
DMV Information
Savoy residents are served by the Illinois Secretary of State Driver Services Facility in nearby Champaign, providing convenient access to licensing and registration services. The facility offers comprehensive DMV support for all local drivers.
State:
Illinois
Department:
Illinois Secretary of State - Driver Services Facility
Address:
2012 Round Barn Rd, Champaign, IL 61821
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.