The Town FilesSavoy, Texas
City in Fannin County · population 712 (2020 Census)
- Median home
- $155,500
- Household income
- $60,875
- Jan low / Jul high
- 33° / 94°
- Snow a year
- 1 in
- Tornadoes ≤10 mi since 1950
- 17
- Median age
- 39.6
Savoy is a city of 712 people in Fannin County, Texas. The median home is worth $155,500, below the typical Texas town ($184,100). It ranks easier by car than 89% of Texas towns, quieter than 81% of Texas towns, better for retirees than 74% of Texas towns.
How Savoy ranks
Percentile among Texas towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Texas towns.
Homes and cost of living
The median home in Savoy is worth $155,500, below the typical Texas town ($184,100). Homes cost about 2.6 times the median household income of $60,875, which is more affordable than 63% of Texas towns. Median rent is $1,052 a month. 67.1% of households own their home.
| Housing | Savoy | Typical Texas town |
|---|---|---|
| Median home value | $155,500 | $184,100 |
| Median rent | $1,052 | $1,086 |
| Median household income | $60,875 | $65,842 |
| Home value ÷ income | 2.6× | 2.9× |
| Homeownership | 67.1% | 72.9% |
| Median year built | 1968 | 1985 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Savoy
| People | Savoy | Typical Texas town |
|---|---|---|
| Median age | 39.6 | 37.1 |
| Age 65 and over | 13.0% | 15.6% |
| Under 18 | 31.0% | — |
| Bachelor's degree or higher | 7.4% | 18.9% |
| Below the poverty line | 24.6% | 13.1% |
| Veterans | 4.2% | — |
| Born outside the U.S. | 1.2% | — |
| Work from home | 8.2% | 7.8% |
| Average commute | 26.2 min | 26.1 min |
| Homes with broadband | 90.4% | 89.2% |
Weather in Savoy
July highs average 93.6°F and January lows 32.7°F. About 45.5 inches of rain and melted snow fall a year, with 0.9 inches of snow (typical Texas town: 0.2 in). Expect about 78 days a year at 90°F or hotter and 55 nights at or below freezing.
Tornadoes, storms and disasters
17 tornadoes have passed within 10 miles of Savoy since 1950, compared with 21 for the typical Texas town. 5 rated (E)F2 or stronger. The strongest, an F3, struck on April 2, 1982 about 5.4 miles from the town center and killed 1. Tornadoes within 10 miles have caused 2 deaths and 28 injuries since 1950. The most recent was on June 8, 2025.
Hail of 1 inch or larger has been reported within 10 miles 81 times; the largest was 4.00 inches on April 5, 2003.
Severe weather in Fannin County since 1996
Fannin County has been included in 20 federal disaster or emergency declarations since 1953, most often for fire, flood, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| May 17, 2024 | Flood | DR-4781: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| February 19, 2021 | Severe Ice Storm | DR-4586: Severe Winter Storms |
| February 14, 2021 | Severe Ice Storm | EM-3554: Severe Winter Storm |
| March 25, 2020 | Biological | DR-4485: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3458: Covid-19 |
Jobs and pay in Fannin County
Fannin County had 8,689 jobs in 2024, paying an average of $55,486 a year. Unemployment was 3.4% in 2023; in Savoy itself the ACS puts it at 0%.
Public schools in Savoy
2 public schools with 302 students, about 10.1 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| SAVOY EL | PK-6 | 182 | 11.4 |
| SAVOY H S | 7-12 | 120 | 8.6 |
Towns near Savoy
- Bells, TX2.9 mi · 1,521 people · home $232,400
- Ector, TX5.5 mi · 737 people · home $153,400
- Whitewright, TX6.3 mi · 1,725 people · home $242,000
- Tom Bean, TX8.7 mi · 930 people · home $232,300
- Bonham, TX10.2 mi · 10,408 people · home $201,800
- Trenton, TX12.1 mi · 743 people · home $164,000
- Sherman, TX15.1 mi · 43,645 people · home $243,500
- Howe, TX15.7 mi · 3,571 people · home $201,300
Savoy questions
Is Savoy, Texas a good place to retire?
On The Town Files lifestyle rankings, Savoy scores better for retirees than 74% of Texas towns and quieter than 81%. 13.0% of residents are 65 or older (median age 39.6).
How much does a house cost in Savoy?
The median owner-occupied home in Savoy is valued at $155,500 (Census ACS 2020–2024), against a median household income of $60,875, so homes cost about 2.6 times income. Median rent is $1,052 a month.
What is the weather like in Savoy?
July highs average 93.6°F and January lows 32.7°F (NOAA 1991–2020 normals). It gets about 45.5 inches of precipitation a year and 0.9 inches of snow.
Does Savoy get tornadoes?
17 tornadoes have passed within 10 miles of Savoy since 1950 (NOAA Storm Events); the strongest was a F3 on April 2, 1982. The typical Texas town has had 21.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)