Lake Royale, NC

Census Place

2024 Population

3,168

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

47.9

5.97% 1-year increase

2024 Poverty Rate

7.29%

10.6% 1-year increase

2024 Median Household Income

$107,806

12% 1-year growth

2024 Median Property Value

$280,400

Population & Diversity

Lake Royale, NC is home to a population of 3.17k people, from which 98.4% are citizens.

As of 2024, 5.37% of Lake Royale, NC residents were born outside of the country (170 people).

In 2024, there were 13 times more White (Non-Hispanic) residents (2.71k people) in Lake Royale, NC than any other race or ethnicity. There were 209 Black or African American (Non-Hispanic) and 97 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.4%

2024 Citizenship

99.7%

2023 Citizenship

As of 2024, 98.4% of Lake Royale, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Royale, NC was 99.7%, meaning that the rate of citizenship has been decreasing.

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)
2.71k ± 662
Black or African American (Non-Hispanic)
209 ± 221
Two Races Including Other (Hispanic)
97 ± 83

4.8%

Hispanic Population

152 people

4.8% of the people in Lake Royale, NC are hispanic (152 people).

The following chart shows the 8 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
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

5.37%

2024 Foreign-Born Population

170 people

1.79%

2023 Foreign-Born Population

53 people

As of 2024, 5.37% of Lake Royale, NC residents (170 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Royale, NC was 1.79%, 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)
102 ± 85
Vietnam
97 ± 78
Gulf War (2001-)
52 ± 57

Lake Royale, NC has a large population of military personnel who served in Gulf War (1990s), 1.05 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Royale, NC.

Economy

The economy of Lake Royale, NC employs 1.73k people. In 2024, the largest industries in Lake Royale, NC were Health Care & Social Assistance (282 people), Construction (234 people), and Manufacturing (218 people), and the highest paying industries were Educational Services ($68,438), Manufacturing ($62,857), and Other Services Except Public Administration ($61,174).

Employment

Occupations

1.73k

2024 Value

± 414

8.96%

1 Year growth

± 32.8%

From 2023 to 2024, employment in Lake Royale, NC grew at a rate of 8.96%, from 1.58k employees to 1.73k employees.

The most common job groups, by number of people living in Lake Royale, NC, are Office & Administrative Support Occupations (246 people), Sales & Related Occupations (212 people), and Management Occupations (193 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 North Carolina.

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.

Industries

Employment by Industries

1.73k

2024 Value

± 414

8.96%

1 Year growth

± 32.8%

From 2023 to 2024, employment in Lake Royale, NC grew at a rate of 8.96%, from 1.58k employees to 1.73k employees.

The most common employment sectors for those who live in Lake Royale, NC, are Health Care & Social Assistance (282 people), Construction (234 people), and Manufacturing (218 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

$59,746

Median earning men ± $4,664

$54,180

Median earning women ± $14,507

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($97,679), Manufacturing ($62,857), and Construction ($61,021).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($70,286), Manufacturing ($66,250), and Educational Services, & Health Care & Social Assistance ($58,627).

Housing & Living

The median property value in Lake Royale, NC was $280,400 in 2024, which is 0.843 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $263,000 to $280,400, a 6.62% increase. The homeownership rate in Lake Royale, NC is 94.5%, which is higher than the national average of 65.2%.

People in Lake Royale, NC have an average commute time of 36.6 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

$280,400

Median Property Value 2024

±$38,366

$1,300

Median Property Taxes

±$313

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

94.5%

Homeownership

2024

49.9%

Homeowners with Mortgage

2024

In 2024, 94.5% of the housing units in Lake Royale, NC were occupied by their owner. This percentage grew from the previous year's rate of 92.6%.

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

Equity

Household Income

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

$107,806

Median Household Income

± $32,807

1.38k

Number of Households

± 327

In 2024, the median household income of the 1.38k households in Lake Royale, NC grew to $107,806 from the previous year's value of $96,250.

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.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. 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 2024

Drove Alone (89%)
Worked At Home (5.85%)
Carpooled (5.16%)

In 2024, 89% of workers in Lake Royale, NC drove alone to work, followed by those who worked at home (5.85%) and those who carpooled to work (5.16%).

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

36.6 minutes

Average Travel Time

Using averages, employees in Lake Royale, NC have a longer commute time (36.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% 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

7.29% of the population for whom poverty status is determined in Lake Royale, NC (231 out of 3.17k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Males 75+ and then Males 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

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

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

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