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Lake Royale, NC
Full City Profile · North Carolina · Wake County County
Lake Royale, NC
At a Glance
How Lake Royale Compares to the U.S. Average
Each bar shows Lake Royale's value as a percentage of the national average (100% = U.S. avg)
Is Lake Royale a Good Place to Live?
Economy & Jobs
Lake Royale residents earn a median household income of $96,250 , which is 28% above the national average of $75,149. Per capita income is $43,356. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 6.1% of residents live below the poverty line. The area is home to 50,997 business establishments, including 2,765 restaurants.
Housing & Cost of Living
The median home value in Lake Royale is $263,000 , 7% below the national median of $281,900. Zillow estimates the typical home at $242,501. Median rent is $1,144/month, with 13.3% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 2001.
Safety & Crime
Lake Royale reports 562 violent crimes per 100,000 residents , which is 48% above the national average of 380/100K. Property crime is 8,427/100K.
Education
21.1% of adults in Lake Royale hold a bachelor's degree or higher (37% below the national average). 95.3% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
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. The area gets 310 sunny days per year. Annual precipitation totals 49.9 inches. Air quality is rated Good with a median AQI of 40.