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Savoy, IL

Village in Champaign County, Illinois. ZIP codes: 61874.

Population

8,968

Land area

3.3sq mi

People per sq mi

2,729

ZIP codes

1

Savoy and its ZIP codes

Savoy at a glance

  • Savoy is about 12 times as dense as Illinois as a whole.
  • It is the 244th most populous of 1,445 cities and towns in Illinois.
  • Households here earn a median of $91,966 a year, 10% more than the Illinois figure of $83,390.
  • A typical owner-occupied home is valued at $320,300 (22% above Illinois) and median rent is $1,003 a month.

Local data for Savoy, IL

Counts from official public data

Housing and community stats

Savoy, IL, American Community Survey 2020-2024

Full profile

Median household income

$91,966

Poverty rate

7.9%

Median home value

$320,300

Median rent

$1,003/mo

Homeownership

59.3%

Bachelor's or higher

63.3%

Median age

38.0

Average commute

18.1 min

Largest reported origins and ancestries: German Americans (1,527), Irish Americans (883), Indian Americans (669).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Champaign County. PPP loans are for Savoy.

Details

Unemployment rate

3.9%

Aug 2026, -1.0 pts in a year

Average annual pay

$65,778

95,049 jobs, 2025

Income per person

$59,853

BEA, 2024

Federal spending

$1.3B

FY 2026, $6,524 per person

PPP loans

$16.1M

241 loans, 2,122 jobs reported

Champaign County economyFederal spendingPPP loans

How people get to work

Savoy, IL, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone74.9%
  • Carpooled6.5%
  • Public transit0.3%
  • Walked0.0%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.0%
  • Worked from home18.3%

Average one-way commute: 18.1 minutes for people who do not work from home.

Environment and hazard risk

Savoy, IL, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Moderate

Top: cold wave

Storm events since 1996

891

Countywide, mostly thunderstorm wind

Flood insurance policies

157

0.3% of homes, county

July high / Jan low

85° / 18°F

37.0 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Savoy, IL, CDC PLACES estimates

All 40 measures

Obesity

28.7%

U.S. 33.3% -4.6 pts

Diabetes

9.5%

U.S. 12.1% -2.6 pts

Smoking

9.8%

U.S. 12.8% -3.0 pts

Uninsured (18-64)

6.1%

U.S. 11.1% -5.0 pts

ZIP codes in Savoy

1 in or overlapping Savoy. Population shown

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Cities near Savoy

Frequently asked questions

What county is Savoy, IL in?
Savoy is in Champaign County, Illinois.
What ZIP codes are in Savoy, IL?
ZIP codes in or overlapping Savoy include 61874.
What is the population of Savoy, IL?
About 8,968 people live in Savoy, based on American Community Survey 5-year estimates.
What cities are near Savoy?
Nearby places include Champaign (4.1 mi), Tolono (4.3 mi), Urbana (4.8 mi), Philo (6.1 mi), Bondville (7.5 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023