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Lake Royale, NC Real Estate

Lake Royale, North Carolina is located in Franklin County. Nearby cities and towns include Bunn, Spring Hope, Momeyer, Louisburg, Castalia, Zebulon, Middlesex, Nashville, Bailey, Rolesville, Centerville, Sims, Youngsville, Wendell, Red Oak, Franklinton, Wake Forest, Dortches, Knightdale, Archer Lodge, Sharpsburg, Elm City, Rocky Mount, Kittrell, Lucama, and Hollister. Lake Royale is a suburban community with a population of 2,615. The median household income is $58,332. In Lake Royale, 70% of residents are married, and families with children reside in 37% of the households. Half the population of Lake Royale commutes 36 minutes or less to work, with 58% of residents holding white collar jobs and 43% residents holding blue collar jobs. The median age of homes in Lake Royale, NC is 13 years, with 42% of those homes owned, 12% rented, and 46% not occupied. In the previous year, 32 Lake Royale properties were sold. The median sale price of a home in Lake Royale in the previous year was $154,747.

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Lake Royale, NC Local Market & Demographic Data

Married vs. single

Lake Royale, NC
  • 30% Single
  • 70% Married
North Carolina
  • 50% Single
  • 50% Married

Male VS. Female

Lake Royale, NC
  • 49% Female
  • 51% Male
North Carolina
  • 51% Female
  • 49% Male

Average Age of Citizens in Lake Royale, NC

  • 42
  • 38
  • Lake Royale, NC
  • North Carolina

Average Age of Homes in Lake Royale, NC

  • 13
  • 22
  • Lake Royale, NC
  • North Carolina

Vacant Homes in Lake Royale, NC

  • 46%
  • 12%
  • Lake Royale, NC
  • North Carolina

Average INCOME of Citizens

  • $87,689
  • $62,851
  • Lake Royale, NC
  • North Carolina

Owned Homes vs. Rented Homes

Lake Royale, NC
  • 42% Owned
  • 12% Rented
North Carolina
  • 57% Owned
  • 31% Rented