The Lake Royale Census Designated Place had a population of 3,500 as of July 1, 2020.
The primary coordinate point for Lake Royale CDP is located at latitude 35.9666 and longitude -78.196 in Franklin County. The formal boundaries for the Lake Royale Census Designated Place encompass a land area of 6.47 sq. miles and a water area of 0.54 sq. miles.
The Lake Royale Census Designated Place (GNIS ID: 2584323) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
|Total Population||3,500 (100%)|
|Population in Households||3,500 (100.0%)|
|Population in Families||2,925 (83.6%)|
|Population in Group Quarters1||0|
|Median Household Income||$64,656|
|Average Household Income||$86,077|
|% of Income for Mortgage4||13%|
|Per Capita Income||$36,084|
|Total HU (Housing Units)||2,956 (100%)|
|Owner Occupied HU||1,138 (38.5%)|
|Renter Occupied HU||351 (11.9%)|
|Vacant Housing Units||1,467 (49.6%)|
|Median Home Value||$207,450|
|Average Home Value||$259,394|
|Housing Affordability Index3||193|
|Average Household Size||2.35|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.58%|
|Per Capita Income||1.5%|
|Owner Occupied HU||2.24%|
The table below compares Lake Royale CDP to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 231||69th|
|Population Density||# 436||41st|
|Median Household Income||# 121||84th|
|Housing Affordability Index||# 352||48th|
|Per Capita Income||# 109||85th|
|Diversity Index||# 455||38th|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.