Income/capita 13%
Household income 11%
Unemployment 64%
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Income per capita$33,589$31,502$29,829
Median household income$61,646$59,196$55,322
Median income owner occupied$96,810$75,354$70,586
Median income renter occupied$31,250$34,488$35,192
Median earnings male$43,214$40,474$36,919
Median earnings female$26,984$27,197$26,250
Unemployment rate1.7%5.3%4.7%
Poverty level16.4%14.0%15.1%

Key findings

  • The income per capita in Savoy is 13% higher than the national average
  • The median household income in Savoy is 11% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Savoy is 64% lower than the national average
  • The poverty level in Savoy is 9% higher than the national average

Best Places for Employment in and Around Savoy

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Compare Savoy, IL Employment

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      am i middle class

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      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.

      Savoy median earnings by income bracket

      Savoy employment by industry

      Labour TypeMaleFemale
      Construction industry2.3%0.7%
      Manufacturing sector12.1%3.0%
      Financial & insurance services5.5%2.4%
      Wholesale & retail services15.4%14.1%
      Public administration4.6%3.0%
      Transportation, warehousing & utilities3.4%3.2%
      Education, health & social services32.3%51.5%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      Mahomet, IL7,996$86,61256.6%
      St. Joseph, IL4,109$78,66142.2%
      Philo, IL1,627$76,35138.0%
      Pesotum, IL514$69,50025.6%
      Tolono, IL3,101$63,43814.7%
      Savoy, IL8,118$61,64611.4%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      Abingdon, VA8,117$35,36336.1%
      Geneseo, NY8,124$36,10234.7%
      London, KY8,111$33,66539.1%
      Wood-Ridge, NJ8,109$100,16981.1%
      Birch Bay, WA8,107$54,1562.1%
      Savoy, IL8,118$61,64611.4%
      Source: The Savoy, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).