Lake Royale, NC demographics:
population, income, and more
Lake Royale population
How many people live in Lake Royale
Lake Royale is home to 3,168 residents, according to the most recent Census data. Gender-wise, 46.4% of Lake Royale locals are male, and 53.6% are female.
Age demographics
The median age in Lake Royale is 48, with the population distributed as follows: about 10.4% are children under 15, then 8.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.7% of the population, while another 26.1% fall into the 45 to 64 bracket. Finally, around 28.2% are 65 or older.
Racial makeup
In Lake Royale, 94.3% of the population are US-born citizens, while 4.1% have gained naturalized citizenship. At the same time, 1.6% of residents are non-citizens. There’s also a share of 7.4% that includes residents with two or more races.
Households in Lake Royale
A peek inside Lake Royale households
Lake Royale has 1,375 households, with an average of 2 members in each. Of these, 71.4% are families, while the remaining 28.6% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Lake Royale
The housing landscape of Lake Royale
Lake Royale's housing consists of 2,198 units, with 71.3% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 25.6% of the housing landscape.
The age of buildings in Lake Royale
In Lake Royale, the median construction year is 2000. Most development happened in the second half of the 20th century. Then, 25.8% of homes were added from 2000 to 2009, 20.3% between 2010 and 2019, and 3.8% are part of the newest wave of development.
Lake Royale occupancy rates
Out of the 1,375 occupied housing units in Lake Royale, 94.6% are owner-occupied, while 5.4% are lived in by tenants. Meanwhile, 37.4% of all homes on the local market sit vacant.
Lake Royale housing costs
Housing costs in Lake Royale come to a median of $1,211 per month, while tenants specifically pay a median gross rent of $1,390.
Education in Lake Royale
Lake Royale education at a glance
About 43.7% of the population in Lake Royale went to high school, while 20.4% pursued college studies. Another 12.2% earned an associate degree and 12.9% hold a bachelor’s. Meanwhile, 9.7% went even further, earning a master’s or doctorate.
Income in Lake Royale
How much people earn in Lake Royale
The average annual household income in Lake Royale was $103,342 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7% change from the previous year. At the same time, the median income stood at $107,806, reflecting a +12% shift over the same period.
Lake Royale income by age
In Lake Royale, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $123,391. Those with someone between 45 and 64 in charge, often well established professionally, earn $120,682 overall. Overall, 92.7% of the locals in this community live above the poverty line.
Average renter income in Lake Royale
To get a better sense of what renters earn on average in Lake Royale, their median household income was $102,227 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 16.3%, shows what portion of their earnings goes toward housing expenses.
Employment in Lake Royale
Workforce and job types in Lake Royale
The job market in Lake Royale is powered by 1,726 working residents, spread across a range of industries and roles. 71.1% of the working population are employed in professional or administrative positions, while 28.9% are in hands-on or service-based jobs. Also, 12.4% run their own businesses, 75.1% are employed by private companies, and 10% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Lake Royale stands at 1.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Lake Royale
How people get around in Lake Royale
In Lake Royale, the average commute time is 37 minutes.
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FAQs about Lake Royale demographics
What is the total population of Lake Royale?
What is the gender ratio in Lake Royale?
- 46.4% males (1,471 residents)
- 53.6% females (1,697 residents)
What is the median age in Lake Royale?
What is the age distribution of the population in Lake Royale?
- Under 15: 10.4% (331 residents)
- Ages 15-24: 8.5% (269 residents)
- Ages 25-44: 26.7% (846 residents)
- Ages 45-64: 26.1% (828 residents)
- Over 65: 28.2% (894 residents)
What is the racial and ethnic makeup of Lake Royale?
- White: 85.6% (2,711 residents)
- Black or African American: 6.6% (209 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 7.4% (234 residents)
- Other: 0.4% (14 residents)
What percentage of the population in Lake Royale are U.S.-born citizens?
How many housing units are there in Lake Royale?
How many households are in Lake Royale and what is the average household size?
What is the median household income in Lake Royale?
What is the employment rate and job market overview for Lake Royale?
Job types:
- White-collar workers: 71.1% (1,227 residents)
- Blue-collar workers: 28.9% (499 residents)
Places of employment:
- Self-employed: 12.4% (214 residents)
- Private companies: 75.1% (1,296 residents)
- Governmental workers: 10% (172 residents)
- Not-for-profit companies: 2.6% (44 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.