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Lake Royale, NC
Full City Profile · North Carolina · Wake County County
3.4
/5.0
B
Good
2,959
Population
455/sq mi density
$96,250
Median Income
$43,356 per capita
$263,000
Home Value
$242,501 Zillow
$1,144
Median Rent
13.3% income on rent
61°F
Avg Temperature
310 sunny days/yr
562
Violent Crime/100K
8,427 property/100K
B
Overall
3.4 / 5.0
Good 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
F
Safety
1.0 / 5.0
562 violent crimes/100K (48% above avg)
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher
Income Overview
Median Household Income
$96,250
28% above
US avg: $75,149
Per Capita Income
$43,356
11% above
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
6.1%
51% below
US avg: 12.4%
Income Comparison: Lake Royale vs. U.S. Average
Each bar shows Lake Royale’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$96,250
128%
Per Capita
US: $39,052
$43,356
111%
IRS Avg AGI
US: $72,000
$117,835
164%
Avg Weekly Wage
US: $1,432
$1,477
103%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,477
3% above US avg ($1,432)
Mean Commute Time
35 min
28% above US avg (28 min)
Work From Home
2.1%
86% below US avg (15.2%)
Drive Alone
93.6%
28% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$128,428M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
93.6%
Public Transit
0%
Work From Home
2.1%
Other
4.3%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
50,997
Restaurants
2,765
Healthcare
3,559
Retail
3,595
Manufacturing
605
Tax & Financial
IRS Avg Adjusted Gross Income
$117,835
64% above US avg ($72,000)
Avg Property Tax
$5,347
53% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $96,250 |
| Per Capita Income | $43,356 |
| IRS Avg Adjusted Gross Income | $117,835 |
| Avg Weekly Wage | $1,477 |
| County GDP | $128,428M |
Hardship Indicators
| Unemployment Rate | 1.1% |
| Poverty Rate | 6.1% |
| Gini Coefficient | 0.451 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 93.6% |
| Public Transit | 0.0% |
| Work From Home | 2.1% |
Businesses
| Total Establishments | 50,997 |
| Restaurants | 2,765 |
| Healthcare | 3,559 |
| Retail | 3,595 |
| Manufacturing | 605 |
Tax
| IRS Avg AGI | $117,835 |
| Avg Property Tax | $5,347 |