Savoy, TX
Population 966 · Texas
About Savoy, TX
Savoy is a small community in Texas with a population of 966 residents. The median household income is $60,268 per year, which is near the national average. The median age in Savoy is 39.7 years.
Housing in Savoy has a median home value of $139,100 and median monthly rent of $1,053. Of the 344 total housing units, the majority are owner-occupied, with 196 owner-occupied and 87 renter-occupied units.
The unemployment rate in Savoy is 1.0% and the poverty rate is 21.6%. 8.1% of residents hold a bachelor's degree or higher. The average commute time is 23 minutes.
Cost of Living in Savoy, TX
Compared to national averages, Savoy has a median household income of $60,268 (20% below the national median of $75,149). Home values average $139,100, which is 43% below the national median. Monthly rent at $1,053 is 9% below the US average of $1,163. Within Texas, Savoy's income is 17% below the state average of $72,726, and home values are 34% below the state median of $211,769.
Why Live in Savoy, TX?
Savoy offers affordable housing with a median home value of $139,100, below the US average of $244,900, and rent that’s lower than the national average at $1,053/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features short commute times averaging just 23 minutes.
Potential considerations include median household income ($60,268) that falls below the national average. However, Savoy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Savoy has a population of 966 with a median age of 39.7 years. Compare Savoy with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Savoy
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ore City | 965 | $69,167 | $97,400 | Compare |
| Canyon Creek | 963 | $90,774 | $264,400 | Compare |
| Los Indios | 962 | $40,000 | $55,000 | Compare |
| Alto Bonito Heights | 971 | $27,083 | $123,500 | Compare |
| Frost | 971 | $89,750 | $124,800 | Compare |
| Calvert | 959 | $77,669 | $114,100 | Compare |
| Evadale | 974 | $63,929 | $86,400 | Compare |
| Redwater | 957 | $48,942 | $89,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Savoy With Other Cities
Frequently Asked Questions about Savoy
What is the population of Savoy, TX?
The population of Savoy, TX is 966 according to the latest Census data.
What is the median household income in Savoy?
The median household income in Savoy, TX is $60,268 per year.
What is the median home value in Savoy?
The median home value in Savoy, TX is $139,100.
What is the average rent in Savoy?
The median monthly rent in Savoy, TX is $1,053.
What is the unemployment rate in Savoy?
The unemployment rate in Savoy, TX is 1.0%.