Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Savoy is a small-sized city located in the state of Illinois. The city has a population of 8,802 inhabitants. According to the most recent Census, 74% of Savoy residents are White, 15% Asian and 5% Black. Not a fan of sitting in traffic during your commute to work? Savoy offers shorter work commutes, with an average one-way commute time taking only 17 minutes, far lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Savoy, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like cost of living, commute, education, employment, housing and other key data points, finding the best places to live in Savoy and in the areas around Savoy is a much easier task.
The livability score in Savoy is 83 out of 100 and the city is ranked in the 98th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Savoy could be a great choice! This city is also ranked in the top 10 percentile of all cities across the USA. Based on the rankings for each individual category, Savoy has been rewarded with high marks for crime (B-), cost of living (B+), education (B-), employment (A+) and housing (A). There is at least one category that you should be aware of in Savoy. The following was graded with a discouraging score: amenities (D-).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Savoy has an unemployment rate of 2.22% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Savoy apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Savoy is real estate affordability. The median home price for Savoy homes is $227,300, which is 30% higher than the Illinois average. If we take a closer look at the affordability of homes in Savoy, we’ll see that the home price to income ratio is 3.1, which is 3.3% higher than the Illinois average.
| Statistic | Savoy | Illinois | National |
| Average one way commute | 17min | 29min | 26min |
| Workers who drive to work | 72.9% | 73.4% | 76.4% |
| Workers who carpool | 8.1% | 8.3% | 9.3% |
| Workers who take public transit | 5.6% | 9.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.6% | 0.6% |
| Workers who walk | 2.0% | 3.1% | 2.8% |
| Working from home | 9.7% | 4.4% | 4.6% |
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