Savage is a city in Minnesota state in USA with a population of 31758 residents.. The poverty rate of Savage is 5.7%, which is 59% lower than national average. The typical household in Savage earns $116895 a year, compared to the national median of $67,500. Nearly 15.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Savage, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Savage remained 4.6%, which is 2% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Savage, only 51% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Savage is 113, which is 13% higher than national average. Median home value in Savage is $326800 , which is 42% higher than national average. While median income in Savage remained $116895, which is 73% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.