Last updated: 2024 BLS data · Page refreshed:
Lake Royale has a population of 3,168 with a median age of 47.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,168 |
| Median Age | 47.9 |
| White | 85.6% |
| Black or African American | 6.6% |
| Hispanic or Latino | 4.8% |
| Other / Two or More Races | 3.0% |
The median household income in Lake Royale is $107,806, which is 33.7% above the national median of $80,610. The per capita income is $47,727. The poverty rate is 7.3%.
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In Lake Royale, 92.9% of residents age 25+ have a high school diploma or higher, and 22.1% hold a bachelor's degree or higher (10.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 22.1% |
| Graduate or Professional Degree | 10.5% |
The median home value in Lake Royale is $280,400, below the national median of $303,400. The median monthly rent is $1,390. The homeownership rate is 94.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $280,400 |
| Median Monthly Rent | $1,390 |
| Homeownership Rate | 94.5% |
| Vacancy Rate | 37.4% |
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