HomeNorth CarolinaFranklin CountyLake Royale
Lake Royale, North Carolina: commercial real estate data.
Lake Royale is a Census CDP of 3,168 people across 6.51 square miles of land, in Franklin County. Median household income is $107,806, 94.5 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Royale
What Lake Royale is
- Census place typeCDP
- Land area6.51 sq mi
- Water area0.54 sq mi
- Population per square mile of land487 plus or minus 108
- County holding the largest share of its areaFranklin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Royale
How many people live in Lake Royale
- Population3,168 plus or minus 704
- Median age47.9 plus or minus 10.3
- Population under 18386 plus or minus 167
- Share under 1812.2 percent plus or minus 4.5
- Population 65 and over894 plus or minus 230
- Share 65 and over28.2 percent
- Households1,375
- Family households981 plus or minus 248
- Share of households that are families71.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Royale
Income and work in Lake Royale
- Median household income$107,806 plus or minus $32,807
- Per capita income$47,727
- Civilian labor force1,749 plus or minus 539
- Employed1,726 plus or minus 537
- Unemployed23 plus or minus 18
- Unemployment rate1.3 percent plus or minus 0.9
- Adults 25 and over2,568
- Adults 25 and over with a high school diploma or higher92.9 percent plus or minus 25.2
- Adults 25 and over with a bachelor degree or higher22.1 percent plus or minus 5.3
- Adults 25 and over with a graduate degree10.5 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Royale
Housing in Lake Royale
- Housing units2,198
- Occupied units1,375
- Vacant units823 plus or minus 340
- Vacancy rate37.4 percent plus or minus 14.4
- Owner occupied1,300
- Renter occupied75 plus or minus 84
- Ownership rate94.5 percent
- Median owner-occupied home value$280,400
- Median gross rent, monthly$1,390
- Annual rent as a share of median income15.5 percent plus or minus 4.7
- Single family units1,567
- Share single family71.3 percent
- Units in buildings of two or more52 plus or minus 82
- Share in buildings of two or more2.4 percent plus or minus 3.7
- Mobile homes563 plus or minus 252
- Median year structure built2000
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Royale
How Lake Royale gets to work
- Workers 16 and over who commute1,625 plus or minus 525
- Commuting under 15 minutes139 plus or minus 135
- Share commuting under 15 minutes8.6 percent plus or minus 7.9
- Commuting 30 minutes or more1,201 plus or minus 385
- Share commuting 30 minutes or more73.9 percent plus or minus 33.7
- Drove alone89.0 percent
- Carpooled5.2 percent plus or minus 3.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.9 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin County, not Lake Royale
Franklin County context, not Lake Royale figures
- Establishments in Franklin County1,228
- Covered employment, Franklin County13,747
- Average annual pay, Franklin County$57,174
- Housing units permitted, Franklin County948
Every figure in this section is published for Franklin County as a whole and is not a measurement of Lake Royale.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Royale questions, answered from the record.
How many people live in Lake Royale, North Carolina?
3,168, in 1,375 households. Lake Royale CDP covers 6.51 square miles of land, which is 487 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Royale in?
Franklin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Royale?
$107,806. The median owner-occupied home is valued at $280,400. Median gross rent is $1,390 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Lake Royale figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Royale.
Is zoning published for Lake Royale?
No. Nothing on this page presents parcel level zoning.
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