Lake Royale, North Carolina Population 2024

3,488

Lake Royale is a city located in Franklin County North Carolina. Lake Royale has a 2024 population of 3,488. Lake Royale is currently growing at a rate of 1.9% annually and its population has increased by 8.05% since the most recent census, which recorded a population of 3,228 in 2020.

The average household income in Lake Royale is $90,670 with a poverty rate of 10.04%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Lake Royale is 41 years, 41 years for males, and 41 years for females.

Lake Royale Demographics

According to the most recent ACS, the racial composition of Lake Royale was:

  • White: 80.58%
  • Black or African American: 15.25%
  • Two or more races: 3.6%
  • Other race: 0.57%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
6.5 sq mi
Density (mi²)
535.80/sq mi
Growth Since 2020
8.05% (260)
The current population of Lake Royale, North Carolina is 3,488 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 3,228.

Lake Royale, North Carolina Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,70680.58%
Black or African American51215.25%
Two or more races1213.6%
Other race190.57%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%

White

Black or African American

Two or more races

Other race

Native American

Asian

Native Hawaiian or Pacific Islander

Lake Royale Population by Race

Lake Royale Population Pyramid 2024

Lake Royale Median Age

41

Total

41

Male

41

Female

Lake Royale Adults

There are 2,675 adults, (766 of whom are seniors) in Lake Royale.

Lake Royale Age Dependency

75.9

Age Dependency Ratio

40.1

Old Age Dependency Ratio

35.8

Child Dependency Ratio

Lake Royale Sex Ratio

Female1,59247.41%
Male1,76652.59%

Lake Royale Population by Age

Lake Royale Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,3892.4282.917.1
Married9042.6992.97.1
Non Family3511.5774.625.4
Female1342.8136.663.4
Male0000

2.71

Average Family Size

2.42

Average Household Size

82.9%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Lake Royale Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Lake Royale Educational Attainment by Sex (over 25)

Lake Royale Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among other race people with a rate of 100%.

The highest rate of bachelors degrees is among white people with a rate of 25.72%.

Lake Royale Educational Attainment by Race

All

Male

Female

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$52,317

Average Earnings

$62,159

Average Male

$29,188

Average Female

Lake Royale Earnings by Educational Attainment

Lake Royale Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Lake Royale Language

98.28% of Lake Royale residents speak only English, while 1.72% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.72% of the population.

Lake Royale Language

Lake Royale Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black51220339.65%
White2,7061294.77%
Multiple12154.13%

10.04%

Overall Poverty Rate

6.29%

Male Poverty Rate

14.2%

Female Poverty Rate

Poverty in Lake Royale

The race most likely to be in poverty in Lake Royale is Black, with 39.65% below the poverty level.

The race least likely to be in poverty in Lake Royale is Multiple, with 4.13% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 13.36%, and for those that did not work, the poverty rate was 18.41%.

Lake Royale Poverty

rate

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Rate
Poverty
Less Than 9th Grade64.82%
Some College8.11%
Bachelors or Greater1.84%
High School0%

Lake Royale Poverty Rate by Education

rate

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Rate
Poverty
Female Employed7.91%
Male Employed0%
Male Unemployed0%
Female Unemployed0%

Lake Royale Poverty Rate by Employment Status and Sex

Lake Royale Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Lake Royale Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

65.4%

Overall Marriage Rate

70.6%

Male Marriage Rate

60.6%

Female Marriage Rate

Lake Royale Married by Age and Sex

male

female

Lake Royale Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 35-44.

Lake Royale Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Lake Royale Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

336

Number of Veterans

336

Male Veterans

0

Female Veterans

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Lake Royale Veterans by War

count

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Lake Royale Veterans by Age

count

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Lake Royale Veterans by Race

Lake Royale Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

20.54%

Veteran Poverty Rate

72.62%

Veteran Disability Rate

Lake Royale Veterans by Education

LaborForceParticipation

57.5%

Labor Force Participation

56.4%

Employment Rate

2%

Unemployment Rate

Lake Royale Employment by Age

LaborForceParticipation

Lake Royale Employment by Race

LaborForceParticipation

Lake Royale Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

51.82%

Born in Lake Royale

99.05%

Native Born

0.95%

Foreign Born

0.36%

Non Citizen

0.6%

Naturalized

Place of Birth

99.05% of Lake Royale residents were born in the United States, with 51.82% having been born in North Carolina. 0.36% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Lake Royale Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20243,488651.9%
20233,423651.94%
20223,3581594.97%
20213,199-29-0.9%
20203,228-257-7.37%
20193,48560120.84%
20182,8842077.73%
20172,677-737-21.59%
20163,4142527.97%
20153,162-118-3.6%
20143,280822.56%
20133,19843015.53%
20122,76846820.35%
20112,300-206-8.22%
20102,50600%

Lake Royale Population by Year