Savoy, TX demographics:
population, income, and more
Savoy population
How many people live in Savoy
Savoy is home to 1,010 residents, according to the most recent Census data. Gender-wise, 34.4% of Savoy locals are male, and 65.6% are female.
Age demographics
The median age in Savoy is 40, with the population distributed as follows: about 23.7% are children under 15, then 11.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 30.8% of the population, while another 20.7% fall into the 45 to 64 bracket. Finally, around 13% are 65 or older.
Racial makeup
In Savoy, 98.8% of the population are US-born citizens, while 1.2% have gained naturalized citizenship. As for race, 91.4% of locals are Caucasian, 1.5% are African American and 1.3% have Asian roots. There’s also a share of 5.4% that includes residents with two or more races.
Households in Savoy
A peek inside Savoy households
Savoy has 313 households, with an average of 3 members in each. Of these, 82.1% are families, while the remaining 17.9% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Savoy
The housing landscape of Savoy
Savoy's housing consists of 366 units, with 72.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.5% of the housing landscape.
The age of buildings in Savoy
In Savoy, the median construction year is 1968. About 9.8% of homes were built before the 1940s, with another 5.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 7.1% of homes were added from 2000 to 2009, 7.4% between 2010 and 2019, and 0.8% are part of the newest wave of development.
Savoy occupancy rates
Out of the 313 occupied housing units in Savoy, 67.1% are owner-occupied, while 32.9% are lived in by tenants. Meanwhile, 14.5% of all homes on the local market sit vacant.
Savoy housing costs
Housing costs in Savoy come to a median of $1,176 per month, while tenants specifically pay a median gross rent of $1,052.
Education in Savoy
Savoy education at a glance
About 43.2% of the population in Savoy went to high school, while 36.3% pursued college studies. Another 7% earned an associate degree and 4.2% hold a bachelor’s. Meanwhile, 4% went even further, earning a master’s or doctorate.
Income in Savoy
How much people earn in Savoy
The average annual household income in Savoy was $69,781 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -2.3% change from the previous year. At the same time, the median income stood at $60,875, reflecting a +1% shift over the same period.
Savoy income by age
In Savoy, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $76,563. Those with someone between 45 and 64 in charge, often well established professionally, earn $46,705 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $92,292, while those led by someone over 65, many of whom may be retired, have about $60,694 in earnings. Overall, 75.1% of the locals in this community live above the poverty line.
Average renter income in Savoy
To get a better sense of what renters earn on average in Savoy, their median household income was $60,833 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 20.8%, shows what portion of their earnings goes toward housing expenses.
Employment in Savoy
Workforce and job types in Savoy
The job market in Savoy is powered by 482 working residents, spread across a range of industries and roles. 80.9% of the working population are employed in professional or administrative positions, while 19.1% are in hands-on or service-based jobs. Also, 16% run their own businesses, 56.6% are employed by private companies, and 21.6% work in the public sector.
Workforce demographics
Transportation in Savoy
How people get around in Savoy
Commuting methods vary: 90.8% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Savoy by zipcode?
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FAQs about Savoy demographics
What is the total population of Savoy?
What is the gender ratio in Savoy?
- 34.4% males (347 residents)
- 65.6% females (663 residents)
What is the median age in Savoy?
What is the age distribution of the population in Savoy?
- Under 15: 23.7% (239 residents)
- Ages 15-24: 11.9% (120 residents)
- Ages 25-44: 30.8% (311 residents)
- Ages 45-64: 20.7% (209 residents)
- Over 65: 13% (131 residents)
What is the racial and ethnic makeup of Savoy?
- White: 91.4% (923 residents)
- Black or African American: 1.5% (15 residents)
- American Indian and Alaska Native: 0.5% (5 residents)
- Asian: 1.3% (13 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 5.4% (54 residents)
- Other: 0% (0 residents)
What percentage of the population in Savoy are U.S.-born citizens?
How many housing units are there in Savoy?
How many households are in Savoy and what is the average household size?
What is the median household income in Savoy?
What is the job market overview for Savoy?
Job types:
- White-collar workers: 80.9% (390 residents)
- Blue-collar workers: 19.1% (92 residents)
Places of employment:
- Self-employed: 16% (77 residents)
- Private companies: 56.6% (273 residents)
- Governmental workers: 21.6% (104 residents)
- Not-for-profit companies: 5.8% (28 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.