What is the median household income in Lake Royale CDP?

The median household income in Lake Royale CDP is $96,250, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the poverty rate in Lake Royale CDP?

The poverty rate in Lake Royale CDP is 6.1%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the median home value in Lake Royale CDP?

The median home value in Lake Royale CDP is $263,000, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the average rent in Lake Royale CDP?

The median gross rent in Lake Royale CDP is $1,144 per month, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the unemployment rate in Lake Royale CDP?

The unemployment rate in Lake Royale CDP is 1.7%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

Lake Royale CDP, North Carolina

City

Population: 2,959 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Lake Royale CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lake Royale CDP

What is the median household income in Lake Royale CDP?: The median household income in Lake Royale CDP is $96,250 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lake Royale CDP?: The poverty rate in Lake Royale CDP is 6.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Lake Royale CDP?: $263,000 (U.S. Census Bureau ACS 2023).
What is the average rent in Lake Royale CDP?: The median gross rent in Lake Royale CDP is $1,144 per month (U.S. Census Bureau ACS 2023).
What percentage of Lake Royale CDP residents have a college degree?: 21.1% of adults in Lake Royale CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

2,959

Median Income

$96,250

Median Home Value

$263,000

Poverty Rate

6.1%

Unemployment (ACS 2023)

1.7%

Median Age

45.0 yrs

Since 2019 Median Income: +$38,500 (+66.7%) Home Value: +$53,200 (+25.4%) Poverty Rate: +2.0 pp (+48.8%) Bachelor's+: -9.3 pp (-30.6%) Unemployment: -0.9 pp (-34.6%)

Demographics

Total Population 2,959

Median Age 45.0

Female 48.0%

Race & Ethnicity

Hispanic or Latino 4.4% White (non-Hisp.) 93.7% Black 0.8% Two or More 5.0% Other 0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $96,250 ±$32,826

+$26,346 vs. state

Per Capita Income $104,967

Median Family Income $106,164

Poverty Rate 6.1%

-3.3 pp vs. state

Child Poverty Rate 0.0%

Working-Age Poverty Rate —

SNAP Recipients 1.4%

Social Security Income —

Retirement Income 25.2%

Household Income Distribution

< $10k

1.3%

$10–15k

4.5%

$15–25k

6.6%

$25–35k

10.0%

$35–50k

4.7%

$50–75k

15.7%

$75–100k

8.3%

$100–150k

39.9%

$150–200k

4.4%

$200k+

4.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,099

Owner-Occupied 92.6%

Renter-Occupied 7.4%

Vacancy Rate 37.9%

Median Home Value $263,000

+$3,600 vs. state

Median Gross Rent $1,144

Owner Cost Burden (30%+) 13.1%

Renter Cost Burden (30%+) 24.7%

Home Value Distribution

< $50k

8.9%

$50–100k

5.8%

$100–200k

0.6%

$200–300k

39.3%

$300–500k

20.7%

$500k–$1M

10.3%

Vehicle Availability

No vehicle

3.5%

1 vehicle

23.8%

2 vehicles

48.2%

24.6%

Housing Type

Single-fam. det.

73.5%

Mobile home

23.3%

Housing Age

1970–1999

4.0%

2000–2009

19.4%

2010+

22.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.3%

Bachelor's or Higher 21.1%

-13.6 pp vs. state

Graduate Degree 6.9%

Some College / Associate 24.7%

Less Than High School 1.6%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 64.2%

Unemployment Rate 1.7%

-3.1 pp vs. state

Work from Home 2.1%

Self-Employed 11.6%

Government Workers 9.1%

Private For-Profit 79.3%

Industry

Prof. Services

18.9%

Manufacturing

18.9%

Edu/Health

17.4%

Construction

12.4%

Retail

10.4%

Finance

8.3%

Transportation

5.6%

Public Admin

5.4%

Wholesale

2.0%

Arts/Entmt.

0.5%

Occupation

Management

33.4%

Sales

28.3%

Construction

17.4%

Production

12.8%

Food Prep

8.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 35.2 min

Drove Alone 93.6%

Carpool 4.3%

Public Transit 0.0%

Work from Home 2.1%

Walked 0.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,304

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 63.0%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 22.9%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

1.3%

5–9

7.1%

10–14

6.7%

15–19

1.1%

20–24

8.1%

25–34

6.4%

35–44

19.1%

45–54

15.1%

55–64

2.6%

65–74

5.6%

75–84

11.6%

85+

9.8%

Under 18: 16.3% Working age (18–64): 83.7% 65 and over: 26.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.8%

Naturalized Citizen 83.0%

Speaks English Less Than Very Well 0.7%

Veterans & Disability

Veteran 14.3%

With a Disability 21.6%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 91.5%

Uninsured 8.5%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 87.2%

Has a Computer 90.3%

Same House 1 Year Ago 88.2%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Lake Royale CDP

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured