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CITY

Lake Royale

North Carolina · 3,168 residents · 6.509 sq mi
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The short version

Lake Royale is significantly wealthier than the US average, with a median household income of $107,806. The city has more than doubled in size since 2000, adding 3,101 residents. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $280,400. With a median age of 47.9, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 47.9
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
More affordable
home values down 33%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,168
+4628%since 2000
from 67 in 2000
2000 – 2024
Population density
487 / sq mi
+4628%since 2000
from 10 / sq mi in 2000
US average: 281
Median age
47.9
−22%since 2000
from 61.3 in 2000
US average: 38.9
Population, 2000 – 2024
09572K3K4K2000201020202024Lake Royale
20243K
2000201020202024
Section 02

Income & economy

Median household income
$107,806
−16%inflation adjusted, since 2000
from $70,417 in 2000
US average: $82,259
2000 – 2024
Per capita income
$47,727
−11%since 2000
from $53,491 in 2000
US average: $44,673
Households earning $100K+
60.8%
+1.7 ptssince 2009
from 59.1% in 2009
US average: 53.3%
Poverty rate
7.3%
−5.9 ptssince 2000
from 13.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.380
+6%since 2010
from 0.359 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade13.6%
US avg: 6.9%
Retail trade12.6%
US avg: 9.9%
Other services10.4%
US avg: 6.7%
Information9.6%
US avg: 10.8%
Finance & insurance5.4%
US avg: 5.9%
Professional, scientific, technical4.9%
US avg: 5.1%
Public administration2.8%
US avg: 4.8%
Transportation & warehousing2.3%
US avg: 2.2%
Education & health services0.5%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$280,400
−33%inflation adjusted, since 2000
from $228,600 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$1,390
+127%inflation adjusted, since 2000
from $336 in 2000
US average: $1,442
Owner-occupied
94.5%
+5.1 ptssince 2000
from 89.5% in 2000
5.5% rent
Vacancy rate
37.4%
−42.2 ptssince 2009
from 79.6% in 2009
US average: 10.0%
Owner cost-burdened
24.6%
−9.5 ptssince 2009
from 34.1% in 2009
US average: 22.9%
Renter cost-burdened
10.7%
+10.7 ptssince 2010
from 0.0% in 2010
US average: 47.4%
Afford Score
2.6
−20%since 2000
from 3.2 in 2000
2000 – 2024
Gentrification Score
27
RELATED:See current rent listings in Lake Royale on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.5%(62)
Black1.5%(1)
Hispanic / Latino1.5%(1)
Asian0%(0)
Other0%
Diversity Score7.6%(5)
2024
White, non-Hispanic85.6%(2,711)
Black6.6%(209)
Hispanic / Latino4.8%(152)
Asian0%(0)
Other3%(96)
Diversity Score32.5%(1,030)
Diversity Score
33
+326%since 2000
from 8 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
22.1%
−11.7 ptssince 2000
from 33.8% in 2000
US average: 35.6%
High school or higher
92.9%
+0.3 ptssince 2000
from 92.6% in 2000
US average: 89.6%
Graduate degree
10.5%
−5.7 ptssince 2000
from 16.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
36.6 min
+59%since 2000
from 23.1 min in 2000
US average: 26.5
Drive alone to work
89.0%
−11.0 ptssince 2009
from 100.0% in 2009
US average: 68.9%
Carpooled to work
5.2%
+5.2 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
5.9%
+5.9 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.8%
+2.8 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.3%
−7.3 ptssince 2011
from 8.6% in 2011
US average: 5.2%
Labor force participation
61.8%
−7.2 ptssince 2011
from 69.0% in 2011
US average: 63.5%
Self-employed
5.8%
+5.8 ptssince 2009
from 0.0% in 2009
US average: 13.1%
Management & professional
33.0%
−47.0 ptssince 2009
from 80.0% in 2009
US average: 42.5%
Section 08

People & community

Male
46.4%
+7.8 ptssince 2009
from 38.6% in 2009
Female
53.6%
−7.8 ptssince 2009
from 61.4% in 2009
Foreign born
5.4%
+5.4 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
11.0%
−28.8 ptssince 2009
from 39.7% in 2009
US average: 6.2%
With a disability
18.1%
+6.8 ptssince 2012
from 11.3% in 2012
US average: 13.3%
Uninsured
3.0%
−87.1 ptssince 2013
from 90.1% in 2013
US average: 8.4%
Broadband at home
91.2%
+5.6 ptssince 2017
from 85.6% in 2017
US average: 91.0%
English only at home
96.8%
+0.8 ptssince 2016
from 96.0% in 2016
US average: 77.7%
Spanish at home
3.2%
+1.7 ptssince 2016
from 1.5% in 2016
US average: 13.6%
Drill deeper

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LAKE ROYALE VS
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LAKE ROYALE VS
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Frequently asked

How many people live in Lake Royale, North Carolina?

Lake Royale, North Carolina has about 3,168 residents according to the 2024 American Community Survey.

What is the median household income in Lake Royale, North Carolina?

The typical household in Lake Royale, North Carolina earns about $107,806 a year. Half of households make more than that, and half make less.

Is Lake Royale, North Carolina expensive?

In Lake Royale, North Carolina, the median home is worth about $280,400, and the typical rent is about $1,390 a month.

How educated are people in Lake Royale, North Carolina?

About 22.1% of adults age 25 and over in Lake Royale, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Lake Royale, North Carolina?

About 7.3% of people in Lake Royale, North Carolina live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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