|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Savoy is 732. Savoy, Texas is the 11,596th largest city in the US.
The peak population of Savoy was in 1990, when its population was 874. In 1990, Savoy was the 10,384th largest city in the US; now its fallen to the 11,596th largest city in the US. Savoy is currently 16.2% smaller than it was in 1990.
Savoy has shrunk 14.2% since the year 2000. Savoy, Texas's growth is below average. 74% of similarly sized cities are growing faster since 2000.
|11595||Rock Island, Oklahoma||732||3.2%|
The total voting age population of Savoy, Texas, meaning US citizens 18 or older, is 703. The voting age population is 47.2% male and 52.8% female.
According to the latest census statistics, 27.5% of the residents of Savoy are 65 or older.
The racial demographics of Savoy are 88.0% White, 9.5% Two or more races, 1.6% Black, 0.5% American Indian and 0.5% Other. Additionally, 8.5% of the population identifies as Hispanic.
In Savoy, 11.7% of residents have an income below the poverty line, and the child poverty rate is 11.9%. On a per-household basis, 8.3% of families are below the poverty line in Savoy.
Among those aged 16 and older, 47.8% of Savoy residents are in the labor force.
Among the adult population 25 years old and over, 86.1% of Savoy residents have at least a high school degree or equivalent, 11.4% have a bachelor's degree and 3.9% have a graduate or professional degree.
Among Savoy residents aged 5 and older, 3.9% of them speak a non-English language at home. Broken down by language: 1.0% of residents speak Spanish at home, 3.0% speak an Indo-European language, and 0.0% speak an Asian language.
The unemployment rate in Savoy is 3.4%, which is calculated among residents aged 16 or older who are in the labor force.
In Savoy, 14.7% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Savoy is $43,864.
In Savoy, 63.3% of housing units are occupied by their owners.
Renters occupy 36.7% of housing units in Savoy.
Of all the housing units in Savoy, 6.8% of them were build before 1940.
In Savoy, 11.3% of the total housing units were built after the year 2000.
The median gross monthly rent payment for renters in Savoy is $640.
In Savoy, 67.3% of households have an active broadband internet connection.