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Savoy, Texas

city · Fannin County

At a glance

1,010
Population
$155,500
Median home value (all homes)
49% below U.S. median
$319,559
Typical market value
Zillow, 2026-07
$1,052/mo
Median rent
22% below U.S. median
$60,875
Median household income
22% below U.S. median
26.2 min
Average commute
90.4%
Homes with broadband
80.65%
Locations with fiber available
0%
Unemployment

Cost of living (Clay Affordability Index)

CAI 85 — 15% below the national average. how it's computed

Housing31% below
Goods & services5% below
Utilities19% above
Taxes57% below
Insurance25% above
Commute cost14% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college14 mi
Nearest community college17 mi
Nearest technical college15 mi
High school graduates87.6%
College graduates7.4%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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