North Carolina · Census place 36513
Lake Royale CDP, NC
Quick answer
Lake Royale CDP has 2,959 residents, ranking #261 of 777 places in North Carolina. Median household income is $96,250, the median home is worth $263,000 and median gross rent runs $1,144 a month.
- Population
- 2,959Lake Royale CDP residents
- Median household income
- $96,250Past 12 months, inflation adjusted
- Median home value
- $263,000Owner-occupied units
- Median gross rent
- $1,144Rent plus utilities, monthly
- Median age
- 45.2 yrsAll residents
- Homeownership rate
- 92.6%Owner-occupied households
What the numbers mean in Lake Royale CDP
Housing cost measured against local earnings.
A household earning the Lake Royale CDP median would spend about 14.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.6% of residents and 92.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Granite Quarry town 3,015
- Avery Creek CDP 2,998
- Yadkinville town 2,986
- Troy town 2,905
- Lake Junaluska CDP 2,903
- Fairfield Harbour CDP 2,898
- River Bend town 2,896
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More North Carolina coverage.