Always wanted to live in a quiet town in the Midwest? You should consider moving to Savoy, IL. Savoy is a village in Champaign County, Illinois, in the southern section of the Champaign-Urbana metro area. The village was named after Princess Maria Clotilde of Savoy, an Italian royal who visited the area in 1861, although the village was not officially incorporated until 1956. Today, Savoy is a great place to live, offering residents affordable living, low crime, and a stable economy. Here is everything you need to know about living in Savoy.
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Where is Savoy?
Savoy is located along US-45 just south of Champaign and about two miles from the main campus of the University of Illinois. Other nearby towns and villages include Tolono, Philo, Mira, and Staley, Illinois.
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Savoy Population & Demographics
The Savoy, IL population is 8,857 according to the 2020 census, which is a 21.7% increase since 2010. The population density is 2739 residents per square mile. Savoy’s affordable real estate and proximity to the University of Illinois have led to a steady increase in the population over the past ten years. Several notable residents have lived in the village, including businessman and Illinois senator Henry Dunlap and professional basketball player Jamar Smith.
Other Savoy Demographics
- The population of Savoy is 57% female and 43% male.
- It’s a relatively young community, and the median age is 35.4 years old.
- The ethnic composition of Savoy is 77.4% white, 12.9% Asian, 5.1% black, 4.7% Hispanic, and 4.6% mixed race.
- The median household income is $78,584 per year.
- It’s a fairly well-educated population, and 96.2% of residents have at least a high school degree, while 58.5% hold a bachelor’s degree or higher.
- The foreign-born population is 14.7%.
Many residents love living in Savoy because of its low crime rate. The total Savoy crime rate is 1509 per 100,000 residents, which is 36% lower than the national average. The violent crime rate is 324 per 100,000 residents, which is 16% below the US average, and the property crime rate is 1185 per 100,000 residents, which is 39% lower than the country overall. Your chances of being the victim of a crime in Savoy are 1 in 67, and it’s considered safer than 42% of cities in the US.
Savoy is patrolled by the Champaign County Sheriff’s Office, which employs 134 law enforcement professionals, including 113 officers and 21 civilians.
Cost of Living in Savoy
You may be considering moving to Savoy due to the affordable living. A good way to understand how much it costs to live in Savoy is to look at the cost of living index, a metric used to compare an area’s cost of living to the national average. The COLI for the Champaign-Urbana metro area is 87.6, which is 12.4% lower than the national average (which is represented by 100).
Typical Savoy Living Expenses include:
- Inexpensive Restaurant: $17.00
- Cappuccino: $3.93
- Bottle of Coke: $1.62
- 1 Gallon of Milk: $3.70
- Loaf of Bread: $2.76
- 12 Eggs: $4.17
- 1 pound Chicken: $3.38
- 1 pound Beef: $6.38
- 1 pound Apples: $1.61
- 1 pound White Rice: $1.21
- Average Savoy Utilities Per Month: $309
*data taken from Champaign but will be similar in Savoy
According to the Family Budget calculator created by the Economic Policy Institute, a family of four, including two children and two adults, would need a household income of $85,040 to afford to live in the Champaign-Urbana metro area.
The Savoy real estate market is also fairly affordable. The median sales price of Savoy homes for sale is $410,000, which is up by more than 41.3% since last year. The average price per square foot of Savoy, IL real estate is $161.
Savoy also has plenty to offer renters as well. According to RentCafe, the average Savoy rent is only $1,276, 30% lower than the national average of $1727. Savoy rent prices start at about $650 for a one-bedroom and up to $2800 for a four-bedroom.
Savoy Neighborhoods | Where to Live in Savoy
Savoy is a peaceful village with affordable real estate and friendly neighbors, no matter where you live. However, the most desirable homes tend to be in the city’s eastern section, while the most affordable tend to be in the southwest. Here are a few of the top communities in Savoy.
Prairie Fields is a beautiful community in northeast Savoy offering affordable homes ranging from $260,000 to $300,000 and proximity to Carrie Busey Elementary School.
Liberty on the Lake
Liberty on the Lake is a community located south of Curtis Road and east of Mattis Avenue, straddling the border between Savoy and Champaign, in a prime location near various lakes/ponds, multiple parks, walking trails, and highly respected schools.
Located in south Savoy, Fieldstone is a popular community along US Route 45, offering new homes ranging in price from $210,000 to $450,000 and a convenient location near Willard Airport and the University of Illinois Golf Course.
Savoy Weather & Climate
Savoy has a humid continental climate characterized by hot, humid summers and cool to cold winters. Throughout the year, the temperature typically varies from about 19°F to 85°F. However, the Savoy winter low can get as cold as 0°F, and the Savoy summer high can get up to 93°F. The best time to visit Savoy for warm-weather activities is usually from mid-June to September.
Savoy also gets a fair amount of precipitation and averages about 41 inches of rain and 20 inches of snow annually. So, if you plan on living in Savoy, bring a rain jacket and snow boots.
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Things to Do in Savoy
Residents and visitors will find many fun things to do in Savoy, from bowling to fishing. You can find shopping down at Savoy Plaza of the Savoy City Center. Plus, it’s only a quick drive to the Market Place Shopping Center in Champaign for more brand-name retailers. Here are some of the top things to do in Savoy, IL.
Old Orchard Lanes and Links is a bowling alley and mini golf course that caters to families, leagues, parties, and anyone looking for fun things to do in Savoy.
901 N Dunlap Ave, Savoy, IL 61874 (217) 359-5281
Skateland is a family fun and entertainment center offering fun activities, including roller skating, laser tag, video games, and a snack bar, making it one of the best things to do in Savoy with kids.
208 Curtis Rd, Savoy, IL 61874 (217) 359-3335
Dana Colbert Park
Dana Colbert Park is a 55-acre public park with a playground, volleyball court, walking paths, pavilions, and a fishing lake.
203 E Church St, Savoy, IL 61874 (217) 359-3550
More Things to Do Near Savoy
- Savoy 16 +IMAX
- The University of Illinois Arboretum
- The Senetor’s Inn Wellness & Business Center
- Brainstorm Escapes
- Elevate Trampoline Park
You’ll also find various great restaurants in Savoy, Il ranging from barbecue to Chinese. Here are the best places to eat in Savoy.
Smoky’s House BBQ is a neighborhood barbecue joint serving hickory smoked meats with mouthwatering dishes like a sliced brisket sandwich and baby back ribs.
1333 Savoy Plaza Ln #8, Savoy, IL 61874, (217) 355-2272
Triptych Brewing Company is a local craft brewery and tap room offering a wide selection of local ales, lagers, porters, and more. They don’t have a kitchen, but they partner with local food trucks that serve food Wednesday – Saturday.
1703 Woodfield Dr, Savoy, IL 61874 (779) 232-3376
I Wok is one of the best Savoy, Il restaurants for those who love classic Chinese food with delectable dishes like Szechuan chicken and Kung Pao shrimp.
113 Calvin St, Savoy, IL 61874 (217) 351-9888
Jobs in Savoy
Residents can also find plenty of stable jobs in Savoy, IL. The economy of Savoy employs roughly 4,350 people, and the largest industries are educational services, healthcare and social assistance, and retail trade. Most Savoy residents are employed in management, educational, and sales or administrative support occupations.
The top employers in the Champaign-Urbana metro area are:
According to Payscale, the average rate for an hourly worker in Savoy is $18 per hour. Residents will find great Savoy jobs ranging from medical office assistant to warehouse associate. However, most employment opportunities are in Champaign or Urbana, which is only a 10-minute commute.
The main Savoy school district is Champaign Unit 4 School District, although some students may attend Tolono Community Unit School District schools.
Champaign Unit 4 School District features 18 schools, including one preschool, 12 elementary schools, three middle schools, and two high schools. The district maintains a graduation rate of 78% and a student-to-teacher ratio of 16:1. The only public school that is actually located in the village of Savoy is Carrie Busey Elementary School, one of the best in the district. The Montessori School of Champaign-Urbana, a private pre-K through middle school, is also located in Savoy.
For those looking for higher education, The University of Illinois main campus is just minutes from the Savoy border in southeast Champaign.
There are no public libraries in Savoy. However, there are several free little libraries all over the village.
Savoy Statistics and Information
- Savoy County: Champaign County, IL
- Savoy Area: 3.30 sq mi
- Savoy Zip Codes: 61874
- Savoy Area Codes: 217
- Savoy Elevation: 732′
- SavoyTime Zone: Central Standard Time (CST)
- Savoy’s Closest Airport: The Willard Airport (CMI) at the University of Illinois is located directly in Savoy, less than 2 miles from the center of the village
Savoy, Il Map
Explore Savoy’s exciting things to do, places to eat, and more with this map!
Ready to move to this peaceful midwestern village? Enlist the help of qualified Savoy, Il movers to make your transition painless. Call 800-747-4100 today to request a free quote.