How many renters in Savoy, IL pay more than 30% of their income on rent?

36.1% (±9.5 points) of renting households in Savoy, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

33.2% spend 35% or more.

The median renting household spends 24.8% of its income on rent.

Figures last updated on .

Paying 30% or more
36.1% (±9.5 points)
Paying 35% or more
33.2% (±9.1 points)
Median share of income
24.8% (±3.3 points)

Rent as a share of income in Savoy

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentSavoyChampaign CountyIllinoisUnited States
Less than 15%16.7% (±8.2 points)10.6%14.4%12.6%
15% to 19.9%19.1% (±7.2 points)13.4%13.4%12.2%
20% to 24.9%14.9% (±7.2 points)12.7%13.1%12.6%
25% to 29.9%13.2% (±7.3 points)9.1%11.2%11.5%
30% to 34.9%2.9% (±2.8 points)7.0%8.9%9.2%
35% or more33.2% (±9.1 points)47.2%39.0%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Savoy against Champaign County, its state and the nation

Estimate (90% margin of error)
SavoyChampaign CountyIllinoisUnited States
Paying 30% or more36.1% (±9.5 points)54.2% (±2.4 points)47.9% (±0.4 points)51.1%
Paying 35% or more33.2% (±9.1 points)47.2% (±2.0 points)39.0% (±0.4 points)41.9%
Median share of income24.8% (±3.3 points)33.0% (±1.4 points)29.1% (±0.2 points)30.6%
Median renter household income$56,747 (±$4,843)$33,434 (±$1,390)$50,420 (±$471)$52,966
Median gross rent$1,003 (±$90)$1,051 (±$21)$1,274 (±$5)$1,413

In Savoy, the share of renters paying 30% or more of income is lower than in Champaign County (54.2%).

It is also lower than in Illinois (47.9%).

It is lower than the national figure (51.1%).

In Champaign County, Savoy ranks 25 of 50 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 1434 of 2,503.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Savoy

Nearest places with a published estimate, compared with Savoy
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Savoy—36.1% (±9.5 points)—
Tolono Township3.3 mi60.3% (±23.0 points)Not measurably different
Champaign Township3.7 mi31.4% (±8.7 points)Not measurably different
Champaign3.9 mi56.9% (±3.7 points)Higher
Champaign City Township3.9 mi56.9% (±3.7 points)Higher
Philo Township4.2 mi2.9% (±39.1 points)Not measurably different
Urbana4.6 mi58.3% (±4.6 points)Higher
Cunningham Township4.6 mi58.3% (±4.6 points)Higher
Tolono4.7 mi63.4% (±33.5 points)Not measurably different

Nearby places with a measurably higher figure: Champaign, IL (56.9%), Champaign City Township, IL (56.9%), Urbana, IL (58.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Champaign County, place by place

RankPlaceRenters paying 30% or more of income
19 (tie)Homer44.2% (±33.9 points)
19 (tie)South Homer Township44.2% (±33.9 points)
21Rantoul Township44.0% (±13.4 points)
22 (tie)Broadlands43.8% (±94.2 points)
22 (tie)Ayers Township43.8% (±94.2 points)
24Ludlow Township43.0% (±25.5 points)
25Savoy36.1% (±9.5 points)
26Ludlow34.6% (±51.3 points)
27Pesotum32.0% (±33.8 points)
28Champaign Township31.4% (±8.7 points)
29 (tie)Sidney29.8% (±45.8 points)
29 (tie)Sidney Township29.8% (±45.8 points)
31Scott Township (Champaign County)28.5% (±25.9 points)

Showing 13 of 50 places in Champaign County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Savoy

Are renters in Savoy rent-burdened?

36.1% of renting households in Savoy pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Savoy spend on rent?

The median renting household in Savoy, IL spends 24.8% (±3.3 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Savoy village, Illinois (place:67860, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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