Lake Royale, NC

North Carolina · Metropolitan Area

Lake Royale is a small town in North Carolina with a population of 2,959. Residents earn $96,250 per year, which is 28% above the national average.

4.2 /5.0
A Great
2,959 Population 455/sq mi density
$96,250 Median Income $43,356 per capita
$263,000 Home Value
$1,144 Median Rent
61°F Avg Temperature
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$96,250 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$263,000 home value, $1,144/mo rent
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher
Median Income $96,250
28% higher than US avg
Home Value $263,000
7% lower than US avg
Bachelor's+ 21.1%
37% lower than US avg
Median Rent $1,144
2% lower than US avg
Obesity Rate 36.8%
15% higher than US avg
Unemployment 1.1%
69% lower than US avg
Poverty Rate 6.1%
51% lower than US avg

How Lake Royale Compares to the U.S. Average (100% = U.S. avg)

People

Population2,959
Median Age45.2 yrs
Density455/mi²
Male / Female52% / 48%
Largest GroupWhite 94%

Economy

A+
Median Income$96,250
Per Capita$43,356
Unemployment1.1%
Poverty6.1%
County GDP$128,428M
Commute35 min

Housing

A+
Home Value$263,000
Rent$1,144
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.8%
UninsuredN/A
Depression27.5%
Heart Disease5.7%

Climate

Avg Temp61°F
AQI40 (Good)
Rain49.9 in/yr
Elevation197 ft

Education

C+
Bachelor's+21.1%
High School+95.3%
School Score5.46

Community

2024 VoteR 36% / D 62%
Commute35 min
Libraries23

Is Lake Royale a Good Place to Live?

Based on current data, Lake Royale receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, a low poverty rate. Areas to be aware of include long commute times. Lake Royale stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Lake Royale is $96,250, 28% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 1.1%. Only 6.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 35 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Lake Royale is $263,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,144 per month. At just 2.7x median income, home prices are very affordable relative to local earnings.

Education

21.1% of residents hold a bachelor's degree, below the national average of 33.7%. 95.3% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Lake Royale enjoys a moderate climate with an average annual temperature of 61°F. Winters average 42°F in January while summers reach 80°F in July. Annual precipitation totals 49.9 inches. Air quality is rated Good with a median AQI of 40.

Lake Royale has a population of 2,959 with a density of 455 people per square mile. The median age is 45.2 years, 16% older than the national median of 38.9. The city is predominantly White (93.7%), with 1.3% Hispanic.

Population

2,959
Total Population
455
People / sq mi
45.2yrs
Median Age
16% above US avg
6.5mi²
Land Area

Gender Distribution

Male 52%
Female 48%

Race & Ethnicity

Lake Royale vs U.S. Average

Language Spoken at Home

English Only98.3%
25% above US avg
Spanish1.7%
87% below US avg

Social Characteristics

Lake Royale vs U.S. Average

The median household income in Lake Royale is $96,250, which is 28% above the national average of $75,149. The unemployment rate is 1.1% (below the 3.6% US average). 6.1% of residents live below the poverty line. Workers commute an average of 35 minutes.

Income: Lake Royale vs U.S.

Commute Mode

Income

Median HH Income$96,250
28% above US avg
Per Capita Income$43,356
Avg Weekly Wage$1,477
IRS Avg AGI$117,835

Employment & Poverty

Unemployment1.1%
69% below US avg
Poverty Rate6.1%
51% below US avg
Establishments (County)50,997
County GDP$128,428M

Business (County)

Restaurants2,765
Healthcare3,559
Retail3,595
Manufacturing605

Tax & Cost of Living

Property Tax (IRS)$5,347
53% above US avg
Effective Tax Rate2.03%

Commute & Transportation

Commute Time35.2 min
Work from Home2.1%

Walkability

The median home value in Lake Royale is $263,000, 7% below the national average. Monthly rent averages $1,144 (2% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$263,000
7% below US avg
Median List Price$369,450

Real Estate Market (Redfin)

Median List Price$369,450
$/Sq Ft$192
Homes Sold7
Sale-to-List Ratio98.5%
Price Drops22.2%
Inventory45

Rental Costs

Census Median Rent$1,144
2% below US avg

HUD Fair Market Rent

Studio$932
1 Bedroom$981
2 Bedrooms$1,161
3 Bedrooms$1,499
4 Bedrooms$1,780

Ownership & Property

Owner-Occupied92.6%

Property Tax

Avg Tax (IRS)$5,347
53% above US avg
Effective Rate2.03%
In Lake Royale, 36.8% of adults are obese (above the 32.1% national rate). 27.5% report depression. 23.0% are physically inactive.

Health Metrics: Lake Royale vs U.S. Average (%)

Chronic Conditions

Obesity36.8%
15% above US avg
Diabetes9.7%
Heart Disease5.7%
High Blood Pressure32.5%
Asthma11.3%
COPD6.9%
Stroke3.1%

Behaviors & Mental Health

Binge Drinking16.6%
Physical Inactivity23.0%
Depression27.5%
Mental Distress18.8%
Physical Distress12.7%

Healthcare Access

Insurance Rate91.1%
Checkup Rate77.4%
Premature Death5,322/100K

Food & Exercise

Food Environment8.5/10
Exercise Access98.6%
Healthcare Facilities3,559

Crime Rates: Lake Royale vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)91

Safety Score

Lake Royale has an average annual temperature of 61°F (16°C). Winters average 42°F in January while summers reach 80°F in July. Annual precipitation is 49.9 inches. Air quality is rated Good with a median AQI of 40.

Temperature

42°F Jan (6°C) 80°F Jul (27°C)
Annual Average60.7°F
12% above US avg
January Average42°F (6°C)
July Average80°F (27°C)

Precipitation & Snow

Annual Rainfall49.9 inches
31% above US avg

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation197 ft (60 m)
Area6.5 sq mi (16.9 km²)
Population Density455/sq mi
Coordinates35.9649°N, 78.1922°W
County FIPS37183
It is classified as Metro — 1 million+. 21.1% of residents hold a bachelor's degree or higher (37% below US avg). In the 2024 election, the county voted Democrat by a 25.5-point margin.

2024 Presidential Election (County)

R 36.4%
D 61.9%

Winner: Democrat by 25.5 points

Education

Bachelor's Degree+21.1%
37% below US avg
High School+95.3%
School Test Score5.46
C+ Education Grade (2.7/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density455/sq mi
Total Area6.5 sq mi

Infrastructure & Services

Public Libraries23
Healthcare Facilities3,559
Restaurants2,765
Retail Stores3,595

Safety & Disasters

Fatal Crashes (County/yr)91

Commute & Transportation

Avg Commute35.2 min
Work from Home2.1%

Nearby Cities

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