Last updated: 2024 BLS data · Page refreshed:
Savage has a population of 8,239 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,239 |
| Median Age | 37.1 |
| White | 36.8% |
| Black or African American | 36.3% |
| Asian | 7.9% |
| Hispanic or Latino | 14.6% |
| Other / Two or More Races | 4.4% |
The median household income in Savage is $116,895, which is 45.0% above the national median of $80,610. The per capita income is $54,134. The poverty rate is 5.6%.
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In Savage, 88.6% of residents age 25+ have a high school diploma or higher, and 51.8% hold a bachelor's degree or higher (24.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.6% |
| Bachelor's Degree or Higher | 51.8% |
| Graduate or Professional Degree | 24.9% |
The median home value in Savage is $424,300, above the national median of $303,400. The median monthly rent is $2,053. The homeownership rate is 58.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $424,300 |
| Median Monthly Rent | $2,053 |
| Homeownership Rate | 58.6% |
| Vacancy Rate | 2.7% |
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