Also See Louisburg, NC: ZIP Codes & Maps
The Lake Royale CDP(1) had a population of 3,636 as of July 1, 2023.
The primary coordinate point for Lake Royale 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 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.
The Lake Royale Census Designated Place is located within Township of Cypress Creek, a minor civil division (MCD) of Franklin County.
POPULATION | |
---|---|
Total Population | 3,636 (100%) |
Population in Households | 3,636 (100.0%) |
Population in Families | 3,014 (82.9%) |
Population in Group Quarters1 | 0 |
Population Density | 559 |
Diversity Index2 | 43 |
INCOME | |
Median Household Income | $78,016 |
Average Household Income | $88,920 |
% of Income for Mortgage4 | 18% |
Per Capita Income | $40,180 |
Wealth Index5 | 79 |
Socioeconomic Status Index6 | Moderate (53.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 2,542 (100%) |
Owner Occupied HU | 1,270 (50.0%) |
Renter Occupied HU | 373 (14.7%) |
Vacant Housing Units | 899 (35.4%) |
Median Home Value | $237,278 |
Average Home Value | $273,799 |
Housing Affordability Index3 | 135 |
HOUSEHOLDS | |
Total Households | 1,643 |
Average Household Size | 2.21 |
Family Households | 1,124 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 2.16% | 0.47% |
Households | 1.43% | 0.58% |
Families | 0.41% | |
Median Household Income | 3.54% | |
Per Capita Income | 3.45% | |
Owner Occupied HU | 0.55% |
The table below compares Lake Royale to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 226 | 71st |
Population Density | # 422 | 46th |
Median Household Income | # 121 | 85th |
Housing Affordability Index | # 568 | 73rd |
Per Capita Income | # 170 | 78th |
Diversity Index | # 520 | 33rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.
Also See: Nearby Hotels | Driving Directions