Is Lake Royale, NC a Good Place to Live?
Lake Royale is a small town of 3,358 in North Carolina, with a median household income of $100,239 and a 2.0% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.
Strengths: Lake Royale stands out for below-average home prices, solid school ratings (B-).
Trade-offs: Potential downsides include longer commutes. Whether Lake Royale is right for you depends on your priorities — the full breakdown is below.
All Lake Royale city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 98.0Lake Royale's overall cost of living index is 98.0, where 100 represents the US national average. Living in Lake Royale costs roughly 2% less than the average American city.
| Metric | Lake Royale, NC | National Avg |
|---|---|---|
| Median Home Value | $231,500 | $244,900 |
| Median Monthly Rent | $1,232 | $1,163 |
| Homeownership Rate | 82.9% | 65.9% |
| Median Household Income | $100,239 | $74,755 |
Crime & Safety
Crime data for Lake Royale is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Lake Royale is served primarily by Franklin County Schools. The student-to-teacher ratio is 15.5:1 (better than the national average of ~16:1).
| Metric | Lake Royale, NC | National Avg |
|---|---|---|
| School District | Franklin County Schools | — |
| Elementary Schools | 8 | — |
| Middle Schools | 4 | — |
| High Schools | 4 | — |
| Student/Teacher Ratio | 15.5:1 | 16:1 |
| Bachelor's Degree or Higher | 24.1% | 35.4% |
| High School Diploma or Higher | 92.0% | 91.1% |
Weather & Climate
Lake Royale sees average highs of 51.6°F in January and 90.2°F in July, with 49.8 inches of annual precipitation and 1.7 inches of snow per year.
| Metric | Lake Royale, NC |
|---|---|
| Average High — January | 51.6°F |
| Average High — July | 90.2°F |
| Annual Precipitation | 49.8" |
| Annual Snowfall | 1.7" |
Demographics
| Metric | Lake Royale, NC | National Avg |
|---|---|---|
| Population | 3,358 | — |
| Median Age | 41.0 | 38.9 |
| Unemployment Rate | 2.0% | 3.7% |
| Avg Commute Time | 35.6 min | 26 min |
| White (non-Hispanic) | 80.6% | 59.3% |
| Black or African American | 15.2% | 13.6% |
| Hispanic or Latino | 4.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 20.3% | 22.2% |
| 65 and over | 22.8% | 16.8% |
Nearby Cities
ZIP Codes in Lake Royale
Lake Royale, NC is covered by 2 ZIP codes: