Savoy, IL Employment - Median Household Income, Unemployment Rate

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31%

Income/capita NAT. AVG.

35%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

Index	Savoy	Illinois	National
Income per capita	$58,585	$47,397	$44,883
Median household income	$110,129	$88,967	$81,333
Median income owner occupied	$170,747	$111,557	$106,172
Median income renter occupied	$60,658	$52,117	$52,080
Median earnings male	$74,601	$60,185	$54,343
Median earnings female	$44,783	$40,368	$38,439
Unemployment rate	2.3%	6.6%	4.9%
Poverty level	12.8%	14.0%	15.1%

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Homes For Sale In Savoy, IL

1411 Warwick Dr

Savoy, IL

205 Potomac Ave

Savoy, IL

1403 Winterberry Dr

Savoy, IL

412 Potomac Ave

Savoy, IL

Key findings

The income per capita in Savoy is 31% higher than the national average
The median household income in Savoy is 35% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Savoy is 53% lower than the national average
The poverty level in Savoy is 16% lower than the national average

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am i middle class

$73,411 $110,129 $220,258

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Savoy median earnings by income bracket

Savoy employment by industry

Labour Type	Male	Female
Construction industry	5.1%	5.1%
Manufacturing sector	8.7%	8.7%
Financial & insurance services	6.6%	6.6%
Wholesale & retail services	12.1%	12.1%
Public administration	3.3%	3.3%
Transportation, warehousing & utilities	11.4%	11.4%
Education, health & social services	27.0%	27.0%
Other	24.4%	24.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mahomet, IL	9,102	$172,299	111.8%
Seymour, IL	151	$160,166	96.9%
St. Joseph, IL	4,205	$138,312	70.1%
Philo, IL	1,447	$133,692	64.4%
White Heath, IL	159	$131,848	62.1%
Savoy, IL	9,110	$110,129	35.4%

Cities with similar population

City	Population	Household Income	National Avg.
Whitestown, IN	9,109	$144,167	77.3%
Burton, SC	9,109	$77,361	4.9%
Riverside, CT	9,108	$350,478	330.9%
Covington, TN	9,113	$49,998	38.5%
Franklin, KY	9,114	$68,960	15.2%
Savoy, IL	9,110	$110,129	35.4%

Source: The Savoy, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).