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CITY · 2020 ACS

Lake Royale

North Carolina · 3,392 residents · 6.509 sq mi
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The short version

Lake Royale has lower-than-average household income, with a median household income of $56,625. The city has more than doubled in size since 2000, adding 3,325 residents. Median home value is $190,000. With a median age of 52.4, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 52.4
US median: 38.8
Less educated
24% hold a bachelor's degree
US average: 33%
More affordable
home values down 45%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,392
+4963%since 2000
from 67 in 2000
2000 – 2024
Population density
521 / sq mi
+4963%since 2000
from 10 / sq mi in 2000
US average: 280
Median age
52.4
−15%since 2000
from 61.3 in 2000
US average: 38.8
Population, 2000 – 2024
09572K3K4K2000201020202024Lake Royale
20243K
2000201020202024
Section 02

Income & economy

Median household income
$56,625
−46%inflation adjusted, since 2000
from $70,417 in 2000
US average: $66,278
2000 – 2024
Per capita income
$27,706
−48%since 2000
from $53,491 in 2000
US average: $35,364
Households earning $100K+
48.1%
−11.0 ptssince 2009
from 59.1% in 2009
US average: 43.9%
Poverty rate
11.1%
−2.1 ptssince 2000
from 13.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade24.1%
US avg: 10%
Wholesale trade12.7%
US avg: 6.7%
Information9%
US avg: 11.1%
Other services1.3%
US avg: 6.6%
Public administration1.3%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$190,000
−45%inflation adjusted, since 2000
from $228,600 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$1,120
+122%inflation adjusted, since 2000
from $336 in 2000
US average: $1,124
Owner-occupied
90.5%
+1.0 ptssince 2000
from 89.5% in 2000
9.5% rent
Afford Score
3.4
+3%since 2000
from 3.2 in 2000
2000 – 2024
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)
2020
White, non-Hispanic79.1%(2,684)
Black11.7%(397)
Hispanic / Latino4.1%(138)
Asian0.5%(18)
Other0.1%(3)
Diversity Score37.1%(1,259)
Diversity Score
37
+387%since 2000
from 8 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
23.6%
−10.3 ptssince 2000
from 33.8% in 2000
US average: 32.9%
High school or higher
92.2%
−0.5 ptssince 2000
from 92.6% in 2000
US average: 88.5%
Graduate degree
8.5%
−7.7 ptssince 2000
from 16.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.4 min
+49%since 2000
from 23.1 min in 2000
US average: 26.9
Drive alone to work
92.1%
−7.9 ptssince 2009
from 100.0% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.5%
−6.1 ptssince 2011
from 8.6% in 2011
US average: 5.4%
Labor force participation
52.5%
−16.5 ptssince 2011
from 69.0% in 2011
US average: 63.4%
Management & professional
43.5%
−36.5 ptssince 2009
from 80.0% in 2009
US average: 39.3%
Section 08

People & community

Male
50.1%
+11.5 ptssince 2009
from 38.6% in 2009
Female
49.9%
−11.5 ptssince 2009
from 61.4% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
7.0%
−83.1 ptssince 2013
from 90.1% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Lake Royale, North Carolina?

Lake Royale, North Carolina has about 3,392 residents according to the 2020 American Community Survey.

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

The typical household in Lake Royale, North Carolina earns about $56,625 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 $190,000, and the typical rent is about $1,120 a month.

How educated are people in Lake Royale, North Carolina?

About 23.6% 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 11.1% 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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