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Savoy Village, Illinois Economic Analysis

   (County: Champaign County)

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Economic Analysis

People and the communities they live in depend on money. The people of Savoy Village, Illinois need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Illinois

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.92 7.77 5.40 6.70 0.00 7.49
  Total Electric Industry 9.92 7.77 5.40 6.70 0.00 7.49
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.87 7.95 5.49 6.84 0.00 7.63
  Total Electric Industry 9.87 7.95 5.49 6.84 0.00 7.63
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.29 8.09 5.47 6.93 0.00 7.69
  Total Electric Industry 10.29 8.09 5.47 6.93 0.00 7.69
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.28 8.00 5.45 7.03 0.00 7.75
  Total Electric Industry 10.28 8.00 5.45 7.03 0.00 7.75
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.98 7.68 5.18 6.47 0.00 7.41
  Total Electric Industry 9.98 7.68 5.18 6.47 0.00 7.41
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.37 7.88 5.27 6.80 0.00 7.69
  Total Electric Industry 10.37 7.88 5.27 6.80 0.00 7.69
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.34 7.97 5.24 6.84 0.00 7.69
  Total Electric Industry 10.34 7.97 5.24 6.84 0.00 7.69
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.43 7.93 5.29 6.84 0.00 7.71
  Total Electric Industry 10.43 7.93 5.29 6.84 0.00 7.71
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.85 7.77 5.11 6.80 0.00 7.46
  Total Electric Industry 9.85 7.77 5.11 6.80 0.00 7.46
1999              
  Energy-Only Providers 5.00 2.42 2.14 0.00 0.00 2.23
  Full-Service Providers 8.83 7.39 5.02 5.95 0.00 6.98
  Total Electric Industry 8.83 7.38 4.99 5.95 0.00 6.96
2000              
  Energy-Only Providers 0.00 5.49 6.92 0.00 0.00 6.28
  Full-Service Providers 8.83 7.53 4.76 5.55 0.00 6.99
  Total Electric Industry 8.83 7.31 4.99 5.63 0.00 6.94
2001              
  Delivery-Only Service 0.00 1.71 0.95 1.48 0.00 1.29
  Energy-Only Providers 0.00 4.60 4.18 4.49 0.00 4.37
  Full-Service Providers 8.71 7.51 4.57 6.48 0.00 7.02
  Total Electric Industry 8.71 7.40 4.65 6.37 0.00 6.90
2002              
  Delivery-Only Service 0.00 2.57 1.62 3.08 0.00 2.02
  Energy-Only Providers 0.00 5.69 3.67 3.97 0.00 4.37
  Full-Service Providers 8.39 7.41 4.75 5.76 0.00 7.01
  Total Electric Industry 8.39 7.52 4.89 5.88 0.00 6.94
2003              
  Delivery-Only Service 0.00 2.30 1.44 0.00 0.00 1.73
  Energy-Only Providers 0.00 4.70 3.67 0.00 0.00 4.02
  Full-Service Providers 8.38 7.35 4.74 0.00 5.87 7.07
  Total Electric Industry 8.38 7.30 4.86 0.00 5.87 6.86
2004              
  Delivery-Only Service 0.00 1.81 1.11 0.00 0.00 1.40
  Energy-Only Providers 0.00 4.15 3.70 0.00 0.00 3.89
  Full-Service Providers 8.37 8.03 4.57 0.00 5.70 7.16
  Total Electric Industry 8.37 7.54 4.65 0.00 5.70 6.80
2005              
  Delivery-Only Service 0.00 1.66 0.89 0.00 0.00 1.25
  Energy-Only Providers 0.00 4.21 3.74 0.00 0.00 3.95
  Full-Service Providers 8.34 8.41 4.60 0.00 5.61 7.37
  Total Electric Industry 8.34 7.75 4.61 0.00 5.61 6.95
2006              
  Delivery-Only Service 0.00 1.54 0.88 0.00 0.00 1.21
  Energy-Only Providers 0.00 4.60 4.35 0.00 0.00 4.47
  Full-Service Providers 8.42 8.59 4.46 0.00 5.59 7.38
  Total Electric Industry 8.42 7.95 4.69 0.00 5.59 7.07

(updated 2006)



Time Leaving to Work in Savoy Village, Illinois

12:00 A.M. TO 4:59 A.M.   : 42   (1.9%)
5:00 A.M. TO 5:29 A.M.   : 15   (0.7%)
5:30 A.M. TO 5:59 A.M.   : 24   (1.1%)
6:00 A.M. TO 6:29 A.M.   : 65   (2.9%)
6:30 A.M. TO 6:59 A.M.   : 112   (5.0%)
7:00 A.M. TO 7:29 A.M.   : 320   (14.3%)
7:30 A.M. TO 7:59 A.M.   : 614   (27.4%)
8:00 A.M. TO 8:29 A.M.   : 447   (20.0%)
8:30 A.M. TO 8:59 A.M.   : 170   (7.6%)
9:00 A.M. TO 9:59 A.M.   : 150   (6.7%)
10:00 A.M. TO 10:59 A.M.   : 34   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 43   (1.9%)
12:00 P.M. TO 3:59 P.M.   : 117   (5.2%)
4:00 P.M. TO 11:59 P.M.   : 87   (3.9%)


(updated 2010)



Means Of Transportation
(Savoy Village, Illinois)

Car, truck, or van:

Drove alone : 2,035

Carpooled:

In 2-person carpool : 224

In 3-person carpool : 72

In 4-person carpool : 13

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 104

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 61

Walked : 20

Other means : 0

Worked at home : 112


(updated 2009)



Travel Time To Work
(Savoy Village, Illinois)

Less than 5 minutes : 130

5 to 9 minutes : 353

10 to 14 minutes : 844

15 to 19 minutes : 652

20 to 24 minutes : 311

25 to 29 minutes : 44

30 to 34 minutes : 47

35 to 39 minutes : 29

40 to 44 minutes : 44

45 to 59 minutes : 26

60 to 89 minutes : 33

90 or more minutes : 16


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Savoy Village, Illinois)

With Social Security income : 500

No Social Security income : 1,749


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Savoy Village, Illinois)

With retirement income : 403

No retirement income : 1,846


(updated 2009)



Family Income (Annual)
(Savoy Village, Illinois)

Less than $10,000 : 10

$10,000 to $14,999 : 33

$15,000 to $19,999 : 54

$20,000 to $24,999 : 24

$25,000 to $29,999 : 38

$30,000 to $34,999 : 18

$35,000 to $39,999 : 46

$40,000 to $44,999 : 6

$45,000 to $49,999 : 83

$50,000 to $59,999 : 64

$60,000 to $74,999 : 159

$75,000 to $99,999 : 244

$100,000 to $124,999 : 203

$125,000 to $149,999 : 74

$150,000 to $199,999 : 106

$200,000 or more : 54


(updated 2009)



Median Family Income (Annual)
(Savoy Village, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $81,762


(updated 2009)



AM Radio Stations Near Savoy Village, Illinois

  • WDWS (1400 AM; 1.0 kW; Champaign, IL; Owner: D.w.s., Inc.)
  • WKJR (1460 AM; 0.5 kW; Dewey, IL; Owner: Ruben's Productions, Inc.)
  • WBCP (1580 AM; 0.25 kW; Champaign, IL; Owner: P & C Enterprises, Inc.)
  • WBCP (1580 AM; 0.135 kW; Champaign, IL; Owner: P & C Enterprises, Inc.)
  • WILL (580 AM; 5.0 kW; Champaign, IL; Owner: The Board Of Trustees Of The University Of Illinois)

FM Radio Stations Near Savoy Village, Illinois

  • WIXY (100.3 FM; Philo, IL; Owner: Saga Communications Of Illinois, Llc)
  • WGNN (102.5 FM; Foosland, IL; Owner: Good News Radio, Inc.)
  • WKZS (103.3 FM; Saint Joseph, IL; Owner: Benton-weatherford Broadcasting , Inc., Of In.)
  • WPXN (104.9 FM; Paxton, IL; Owner: Paxton Broadcasting Corporation)
  • WCZQ (105.5 FM; Lodge, IL; Owner: Joyner Radio, Inc.)
  • WGKC (105.9 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WPGU (107.1 FM; Champaign, IL; Owner: Illini Media Company)
  • WXET (107.9 FM; Villa Grove, IL; Owner: Champaign Partners Llc)
  • NEW (88.3 FM; Indianola, IL; Owner: Connersville Apostolic Lighthouse Incorporated)
  • NEW (88.3 FM; Sidell, IL; Owner: Tightrope Broadcasting, Inc)
  • NEW (88.5 FM; Arthur, IL; Owner: Good News Radio, Inc.)
  • WPCD (88.7 FM; Mahomet, IL; Owner: Parkland College)
  • WGNJ (89.3 FM; Fithian, IL; Owner: Good News Radio, Inc.)
  • NEW (89.5 FM; Saybrook, IL; Owner: 2820 Communications Incorporated)
  • WEFT (90.1 FM; Champaign, IL; Owner: Weft/prairie Air, Inc.)
  • WILL-FM (90.9 FM; Cisco, IL; Owner: The Board Of Trustees Of The University Of Illinois)
  • WBGL (91.7 FM; Saint Joseph, IL; Owner: Illinois Bible Institute, Inc)
  • WCFF (92.5 FM; Philo, IL; Owner: Saga Communications Of Illinois, Llc)
  • WEBX (93.5 FM; Pesotum, IL; Owner: Radiostar, Inc.)
  • WLRW (94.5 FM; Champaign, IL; Owner: Saga Communications Of Illinois, Llc)
  • WLFH (95.3 FM; Thomasboro, IL; Owner: Radiostar, Inc.)
  • WQQB (96.1 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WHMS-FM (97.5 FM; Champaign, IL; Owner: D.w.s., Inc.)
  • WWHP (98.3 FM; Bellflower, IL; Owner: Wms1, Inc.)
  • WXTT (99.1 FM; Oakwood, IL; Owner: Saga Communications Of Illinois, Llc)

TV Broadcast Stations Near Savoy Village, Illinois

  • WILL-TV (Channel 12; Cisco, IL; Owner: The Board Of Trustees Of The University Of Illinois)
  • WICD (Channel 15; Fithian, IL; Owner: Wicd Licensee, Llc)
  • WCCU (Channel 27; Penfield, IL; Owner: Gocom Media Of Illinois, Llc)
  • WCIA (Channel 3; Seymour, IL; Owner: Nexstar Broadcasting, Inc.)
  • 960723LB (Channel 68; Homer, IL; Owner: Pelican Broadcasting Company)

(updated 2008)



Occupations in Savoy Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 695  (57.6%)
  • Service Occupations: 96  (8.0%)
  • Sales And Office Occupations: 203  (16.8%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 117  (9.7%)

Female:


  • Management, Professional, And Related Occupations: 654  (57.6%)
  • Service Occupations: 166  (14.6%)
  • Sales And Office Occupations: 290  (25.5%)
  • Farming, Fishing, And Forestry Occupations 5  (0.4%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 9 Farms In Savoy Village, Illinois


(updated 2008)



Banks In Savoy Village, Illinois

Busey Bank - 1 Branches


    Bank Assets: $3.4m
    Industry Specialization: Commercial Lending
    Total Offices: 42

Iroquois Federal Savings And Loan Association - 1 Branches


    Bank Assets: $550.6k
    Industry Specialization: Commercial Lending
    Total Offices: 5

First Bank & Trust, S.b. - 1 Branches


    Bank Assets: $417.7k
    Industry Specialization: Commercial Lending
    Total Offices: 7

(updated 2014)







Airports Near Savoy Village, Illinois

  • University of Illinois/Willard


    (about 2.2 miles in Savoy, Illinois; Airport Code: CMI)

  • Rantoul National Aviation Center


    (about 16.9 miles in Rantoul, Illinois; Airport Code: II1)

  • Vermillon County


    (about 35.8 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermilion Regional


    (about 36.0 miles in Bismarck, Illinois; Airport Code: DNV)

  • Decatur Airport


    (about 36.3 miles in Decatur, Illinois; Airport Code: DEC)

  • Coles County Memorial


    (about 40.4 miles in Mattoon, Illinois; Airport Code: MTO)

  • Central Illinois Regional


    (about 45.9 miles in Bloomington, Illinois; Airport Code: BMI)

  • Logan County


    (about 57.6 miles in Lincoln, Illinois; Airport Code: II4)


(updated 2015)



Modes of Transportation in Savoy Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

79.61%

Carpooled

9.55%

Public Transportation:

 

Bus Or Trolley Bus

5.44%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.56%

Walked

0.30%

Other Means

0.51%

Worked At Home

4.03%



(updated 2010)





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