Lake Royale, NC

Census Place

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2023 Population

2,959

11.9% 1-year decline

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2023 Median Age

45.2

10.2% 1-year increase

2023 Poverty Rate

6.59%

34.3% 1-year decrease

2023 Median Household Income

$96,250

3.98% 1-year decline

2023 Median Property Value

$263,000

13.6% 1-year growth

2023 Employed Population

1,584

1.86% 1-year growth

About

In 2023, Lake Royale, NC had a population of 2.96k people with a median age of 45.2 and a median household income of $96,250. Between 2022 and 2023 the population of Lake Royale, NC declined from 3,358 to 2,959, a −11.9% decrease and its median household income declined from $100,239 to $96,250, a −3.98% decrease.

The 5 largest ethnic groups in Lake Royale, NC are White (Non-Hispanic) (93.7%), Two+ (Hispanic) (3.92%), Two+ (Non-Hispanic) (1.08%), Black or African American (Non-Hispanic) (0.777%), and Other (Hispanic) (0.473%).

None of the households in Lake Royale, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99.7% of the residents in Lake Royale, NC are U.S. citizens.

In 2023, the median property value in Lake Royale, NC was $263,000, and the homeownership rate was 92.6%.

Most people in Lake Royale, NC drove alone to work, and the average commute time was 35.2 minutes. The average car ownership in Lake Royale, NC was 3 cars per household.

United States North Carolina Franklin County, NC Raleigh, NC Franklin & Vance Counties PUMA, NC Nash & Edgecombe Counties--Rocky Mount City PUMA, NC

Population & Diversity

Lake Royale, NC is home to a population of 2.96k people, from which 99.7% are citizens. As of 2023, 1.79% of Lake Royale, NC residents were born outside of the country (53 people).

In 2023, there were 23.9 times more White (Non-Hispanic) residents (2.77k people) in Lake Royale, NC than any other race or ethnicity. There were 116 Two+ (Hispanic) and 32 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.7%

2023 Citizenship

99.6%

2022 Citizenship

As of 2023, 99.7% of Lake Royale, NC residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Lake Royale, NC was 99.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lake Royale, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Royale, NC

White (Non-Hispanic)
2.77k ± 715
Two+ (Hispanic)
116 ± 104
Two+ (Non-Hispanic)
32 ± 45.5

4.39%

Hispanic Population

130 people

4.39% of the people in Lake Royale, NC are hispanic (130 people).

The following chart shows the 7 races represented in Lake Royale, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
214,508 ± 11,254 people
India
79,868 ± 6,912 people
Honduras
39,759 ± 4,886 people

In 2022, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 214,508 North Carolina residents, followed by India with 79,868 and Honduras with 39,759.

Foreign-Born Population

1.79%

2023 Foreign-Born Population

53 people

0.953%

2022 Foreign-Born Population

32 people

As of 2023, 1.79% of Lake Royale, NC residents (53 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Lake Royale, NC was 0.953%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lake Royale, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
138 ± 120
Vietnam
101 ± 101
Gulf War (2001-)
51 ± 57

Lake Royale, NC has a large population of military personnel who served in Gulf War (1990s), 1.37 times greater than any other conflict.

Economy

The economy of Lake Royale, NC employs 1.58k people. The largest industries in Lake Royale, NC are Manufacturing (300 people), Health Care & Social Assistance (226 people), and Construction (197 people), and the highest paying industries are Manufacturing ($67,434), Construction ($62,574), and Finance & Insurance, & Real Estate & Rental & Leasing ($56,150).

Males in North Carolina have an average income that is 1.31 times higher than the average income of females, which is $57,464. The income inequality in North Carolina (measured using the Gini index) is 0.47, which is lower than than the national average.

Employment

Occupations

1.58k

2023 Value

± 421

1.86%

1 Year growth

± 36%

From 2022 to 2023, employment in Lake Royale, NC grew at a rate of 1.86%, from 1.56k employees to 1.58k employees.

The most common job groups, by number of people living in Lake Royale, NC, are Office & Administrative Support Occupations (302 people), Management Occupations (282 people), and Installation, Maintenance, & Repair Occupations (197 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Royale, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.58k

2023 Value

± 421

1.86%

1 Year growth

± 36%

From 2022 to 2023, employment in Lake Royale, NC grew at a rate of 1.86%, from 1.56k employees to 1.58k employees.

The most common employment sectors for those who live in Lake Royale, NC, are Manufacturing (300 people), Health Care & Social Assistance (226 people), and Construction (197 people). This chart shows the share breakdown of the primary industries for residents of Lake Royale, NC, though some of these residents may live in Lake Royale, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$58,295

Median earning men ± $12,822

$42,644

Median earning women ± $15,421

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($95,189), Manufacturing ($80,250), and Construction ($63,015).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($55,931), Retail Trade ($43,246), and Manufacturing ($31,719).

Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.

Y-Axis

3.04%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for North Carolina.

Measure

In 2022, 0.944% of men over 25 years of age had not completed any academic degree (no schooling), while 0.805% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for North Carolina.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (2.16M), Some college (1.84M), and Bachelors Degree (1.63M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Lake Royale, NC was $263,000 in 2023, which is 0.867 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $231,500 to $263,000, a 13.6% increase. The homeownership rate in Lake Royale, NC is 92.6%, which is approximately the same as the national average of 65%.

People in Lake Royale, NC have an average commute time of 35.2 minutes, and they drove alone to work. Car ownership in Lake Royale, NC is higher than the national average, with an average of 3 cars per household.

Housing

Property

$263,000

Median Property Value 2023

±$23,873

$1,207

Median Property Taxes

±$329

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Royale, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Lake Royale, NC compared to it's parent and neighbor geographies.

Rent vs Own

92.6%

Homeownership

2023

66.3%

Homeowners with Mortgage

2023

In 2023, 92.6% of the housing units in Lake Royale, NC were occupied by their owner. This percentage grew from the previous year's rate of 82.9%.

This chart shows the percentage of owner in Lake Royale, NC compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Lake Royale, NC colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$96,250

Median Household Income

± $32,826

1.3k

Number of Households

± 350

In 2023, the median household income of the 1.3k households in Lake Royale, NC declined from $96,250 from the previous year's value of $100,239.

The following chart displays the households in Lake Royale, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Lake Royale, NC is from North Carolina.

0.47

2022 Wage GINI in North Carolina

0.47

2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (93.6%)
Carpooled (4.33%)
Worked At Home (2.1%)

In 2023, 93.6% of workers in Lake Royale, NC drove alone to work, followed by those who carpooled to work (4.33%) and those who worked at home (2.1%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

35.2 minutes

Average Travel Time

Using averages, employees in Lake Royale, NC have a longer commute time (35.2 minutes) than the normal US worker (26.6 minutes). Additionally, 1.14% of the workforce in Lake Royale, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Royale, NC compares to that of it's neighboring and parent geographies.

Car Ownership

3 cars

Average Number

The following chart displays the households in Lake Royale, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Royale, NC have 3 cars.

Poverty

Poverty & Diversity

6.59% of the population for whom poverty status is determined in Lake Royale, NC (195 out of 2.96k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Males 75+ and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Lake Royale, NC is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

91.5% of the population of Lake Royale, NC has health coverage, with 50.1% on employee plans, 4.6% on Medicaid, 17% on Medicare, 17.7% on non-group plans, and 2.1% on military or VA plans.

Primary care physicians in Franklin County, NC see 11976 patients per year on average, which represents a 3.12% increase from the previous year (11614 patients). Compare this to dentists who see 7170 patients per year, and mental health providers who see 864 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Franklin County, NC.

11,976 to 1

Patient to Primary Care Physician Ratio in Franklin County, NC

Primary care physicians in Franklin County, NC see an average of 11,976 patients per year. This represents a 3.12% increase from the previous year (11,614 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Franklin County, NC in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 16.3% under 18 years, 14.6% between 18 and 34 years, 42.5% between 35 and 64 years, and 26.7% over 64 years.

By gender, of the total number of insured persons, 51.8% were men and 48.2% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

8.48%

Uninsured

50.1%

Employer Coverage

4.6%

Medicaid

17%

Medicare

17.7%

Non-Group

2.1%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Lake Royale, NC declined by 5.05% from 8.93% to 8.48%.

The following chart shows how the percent of uninsured individuals in Lake Royale, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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