Last updated: 2024 BLS data · Page refreshed:
Savage has a population of 32,889 with a median age of 37.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 32,889 |
| Median Age | 37.5 |
| White | 73.7% |
| Black or African American | 9.9% |
| Asian | 6.6% |
| Hispanic or Latino | 5.0% |
| Other / Two or More Races | 4.8% |
The median household income in Savage is $125,513, which is 55.7% above the national median of $80,610. The per capita income is $55,451. The poverty rate is 5.8%.
The unemployment rate in Savage is 2.5%, compared to the national rate of 4.1%.
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In Savage, 96.6% of residents age 25+ have a high school diploma or higher, and 53.7% hold a bachelor's degree or higher (15.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 53.7% |
| Graduate or Professional Degree | 15.7% |
The median home value in Savage is $432,300, above the national median of $303,400. The median monthly rent is $1,766. The homeownership rate is 85.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $432,300 |
| Median Monthly Rent | $1,766 |
| Homeownership Rate | 85.8% |
| Vacancy Rate | 1.5% |
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