Savoy
Savoy has notably lower household income than the US average, with a median household income of $46,635. Population has fallen 16% since 2000, a loss of 138 residents. 7% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $85,300. The poverty rate of 24.3% is well above the national figure. Households here earn about 27% less than the Texas median.
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How many people live in Savoy, Texas?
Savoy, Texas has about 712 residents according to the 2020 American Community Survey.
What is the median household income in Savoy, Texas?
The typical household in Savoy, Texas earns about $46,635 a year. Half of households make more than that, and half make less.
Is Savoy, Texas expensive?
In Savoy, Texas, the median home is worth about $85,300, and the typical rent is about $850 a month.
How educated are people in Savoy, Texas?
About 7.5% of adults age 25 and over in Savoy, Texas hold a bachelor's degree or higher.
What is the poverty rate in Savoy, Texas?
About 24.3% of people in Savoy, Texas live below the federal poverty line.
Has Savoy, Texas grown since 1990?
Yes, Savoy, Texas has shrunk since 1990. The population has lost about 165 residents, a change of about -19 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024