Savoy is a somewhat small village located in the state of Illinois. With a population of 8,903 people and two associated neighborhoods, Savoy is the 243rd largest community in Illinois.
Also of interest is that Savoy has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 18.51 minutes getting to work every day.
Do you like to read, write and learn? If you move to Savoy, you'll likely find that many of your neighbors like to as well. Savoy is one of the more educated communities in America, with a full 57.16% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Savoy in 2022 was $48,056, which is wealthy relative to Illinois and the nation. This equates to an annual income of $192,224 for a family of four. However, Savoy contains both very wealthy and poor people as well.
Savoy is a very ethnically-diverse village. The people who call Savoy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Savoy residents report their race to be White, followed by Asian. Important ancestries of people in Savoy include German, English, Irish, Polish, and Italian.
Foreign born people are also an important part of Savoy's cultural character, accounting for 18.16% of the village’s population.
The most common language spoken in Savoy is English. Other important languages spoken here include Korean and Spanish.