At a Glance
Median Income
$96,250
$43,356 per capita
Home Value
$263,000
Zillow: $242,501
Median Rent
$1,144/mo
13.3% of income on rent
Bachelor's Degree+
21.1%
95.3% high school+
Unemployment
1.7%
6.1% poverty rate
Obesity Rate
36.8%
15.6% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Lake Royale a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
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 1.7% (53% 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.
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 59°F (15°C).
Winters average 40°F in January while summers reach 79°F in July. Annual precipitation totals 49.8 inches. Air quality is rated Good with a median AQI of 46.
Data Overview
People
Population2,959
Median Age45.2 yrs
Density455/mi²
Male / Female52% / 48%
Foreign Born1.8%
Veterans14.3%
Economy
A+
Median Income$96,250
Per Capita$43,356
Unemployment1.7%
Poverty6.1%
County GDP$128,428M
Avg Weekly Wage$1,477
Housing
A+
Home Value$263,000
Rent$1,144
Ownership92.6%
Zillow$242,501
Housing Units2,145
Rent Burden13.3%
Health
Obesity36.8%
Diabetes9.7%
Smoking15.6%
Heart Disease5.7%
Premature Death5,322/100K
Climate
Avg Temp59°F
Rain49.8 in/yr
AQI46 (Good)
Elevation197 ft
Education
C+
Bachelor's+21.1%
High School+95.3%
Graduate+11.0%
School Score6.6/10
Community
2024 VoteR 36% / D 62%
Commute35 min
Broadband87.2%
Internet Speed230 Mbps
EV Stations4
Libraries23
Did You Know?
The median home in Lake Royale was built in 2001.
The nearest airport is Rocky Mount/Wilson Regional (18 miles).
The Gini coefficient (income inequality) is 0.451 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
21.6% of the population has a disability.
Average internet download speed is 230 Mbps.
There are 2,765 restaurants in the area.
The county recorded 91 fatal vehicle crashes.