What percentage of people rent in Savoy, IL?

Name: Renters and owners in Savoy, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

40.7% (±5.3 points) of the occupied homes in Savoy, IL are rented (2020–2024 American Community Survey).

That is 1,506 renting households against 2,193 that own their home.

In Savoy, the share of households that rent went from 46.2% in 2015–2019 to 40.7% in 2020–2024 (−5.5 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 40.7% (±5.3 points)
Renting households: 1,506 (±212)
Median renter income: $56,747 (±$4,843)

Who rents and who owns in Savoy

Tenure, estimate (90% margin of error)
	Savoy	Champaign County	Illinois	United States
Renter-occupied share	40.7% (±5.3 points)	46.0% (±1.1 points)	32.9% (±0.2 points)	34.8%
Renting households	1,506 (±212)	39,299 (±1,150)	1,657,539 (±10,322)	45,017,354
Owning households	2,193 (±236)	46,173 (±832)	3,378,910 (±14,728)	84,210,142
Average renter household size	1.9 (±0.2)	2.0 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$56,747 (±$4,843)	$33,434 (±$1,390)	$50,420 (±$471)	$52,966
Median owner household income	$134,755 (±$33,115)	$101,708 (±$3,128)	$103,505 (±$377)	$100,009

In Savoy, the renter share is not measurably different from Champaign County (46.0%).

It is also higher than in Illinois (32.9%).

It is higher than the national figure (34.8%).

In Champaign County, Savoy ranks 8 of 54 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 157 of 2,751.

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

How renting in Savoy has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	46.2% (±4.0 points)	40.7% (±5.3 points)	−5.5 percentage points	Not a measurable change
Median gross rent	$941 (±$113)	$1,003 (±$90)	+6.6%	No measurable change after inflation
Median household income	$72,785 (±$12,044)	$91,966 (±$11,046)	+26.4%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Savoy

Nearest places with a published estimate, compared with Savoy
Place	Distance	Households that rent	Compared with this place
Savoy	—	40.7% (±5.3 points)	—
Tolono Township	3.3 mi	31.3% (±7.9 points)	Not measurably different
Champaign Township	3.7 mi	32.0% (±4.3 points)	Lower
Champaign	3.9 mi	56.2% (±1.6 points)	Higher
Champaign City Township	3.9 mi	56.2% (±1.6 points)	Higher
Philo Township	4.2 mi	8.1% (±6.6 points)	Lower
Urbana	4.6 mi	62.7% (±2.6 points)	Higher
Cunningham Township	4.6 mi	62.7% (±2.6 points)	Higher
Tolono	4.7 mi	29.4% (±13.9 points)	Not measurably different

Nearby places with a measurably lower figure: Champaign Township, IL (32.0%), Philo Township, IL (8.1%).

Nearby places with a measurably higher figure: Champaign, IL (56.2%), Champaign City Township, IL (56.2%), Urbana, IL (62.7%).

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

Households that rent across Champaign County, place by place

Rank	Place	Households that rent
1 (tie)	Cunningham Township	62.7% (±2.6 points)
3 (tie)	Champaign	56.2% (±1.6 points)
3 (tie)	Champaign City Township	56.2% (±1.6 points)
5	Ludlow Township	46.0% (±10.7 points)
6	Rantoul	45.0% (±6.7 points)
7	Ludlow	43.0% (±14.9 points)
8	Savoy	40.7% (±5.3 points)
9	Rantoul Township	40.0% (±5.8 points)
10	Champaign Township	32.0% (±4.3 points)
11	Tolono Township	31.3% (±7.9 points)
12	Kerr Township	29.8% (±22.9 points)
13	Tolono	29.4% (±13.9 points)
14	Bondville	29.2% (±11.0 points)

Showing 13 of 54 places in Champaign County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Savoy

How many renters are there in Savoy?

Savoy has an estimated 1,506 (±212) renting households, 40.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Savoy?

In Savoy, the share of households that rent went from 46.2% in 2015–2019 to 40.7% in 2020–2024 (−5.5 percentage points), not a measurable change.

How big are renting households in Savoy?

A renting household in Savoy has 1.9 people on average, against 2.7 in an owned home.

How much do renters earn in Savoy?

The median renting household in Savoy, IL has an income of $56,747 (±$4,843) a year, against $134,755 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.