Savoy, MA
Maps & Population Facts

Population
764
Population Density
21
Labor Participaton
67.0%
Bachelor's or Higher
18.3%
Median Household Income
$55,375
Median Individual Income
$32,176
Median Individual Income(Full-time Workers Only)
$46,250

Housing Estimates

Median House Value
$185,700
Median Gross Rent
$825
Median Mortgage Payment
$1,424
Housing Units
373
People who reside in Savoy live in:
Detached - Single Family Homes
91%
Apt, Condo, Other
9%
Analysis

Income

Households in Savoy earn less money than the national median income, averaging 8% less per household.

Housing

Savoy has a median house price of $185,700. The cost of homeownership is slightly less than most areas. The cost of renting in Savoy is 18% less than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 5%

Demographics

The median age in Savoy is 47. Savoy has a population that is significantly older than in comparison to the US median age.

Savoy ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.

Housing Data

Housing Comparison
Savoy Massachusetts USA
Median Property Value 185,700 385,400 217,600
Median Mortgage Payment 1,424 2,108 1,513
Median Gross Rent 825 1,208 1,012
Property Vacancy 13.9% 10.0% 12.6%
% Renters 11% 38% 36%
Residents per Sq. Mi. 21 885 93
Personal Comparison
Savoy Massachusetts USA
Median Household Income 55,375 77,385 60,336
Median Individual Income 32,176 41,700 33,646
Median Income (Full-Time) 46,250 60,923 46,881
Median Age 47.3 39.5 38.1
Labor Participation 67.0% 67.8% 62.8%
Attained College Degree 18.3% 43.4% 32.0%

Population Density Analysis

Savoy, MA
21
Residents per Sq. Mile
The population density of Savoy is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics