Franklinton vs Lake Royale

A side-by-side comparison of Franklinton and Lake Royale: population, income, housing, and more.

Franklinton and Lake Royale are places in North Carolina. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Royale has the higher population (2,959 vs 2,562 in Franklinton). Lake Royale has the higher median household income ($96,250 vs $64,053 in Franklinton). Lake Royale has the higher median home value ($263,000 vs $195,800 in Franklinton).

Population, income & housing

	Franklinton	Lake Royale
Population	2,562	2,959
Median age	35.4 yrs	45.2 yrs
Median household income	$64,053	$96,250
Median home value	$195,800	$263,000
Median gross rent	$995	$1,144
Housing units	1,091	2,099
Homeownership rate	67.4%	92.6%
Bachelor's degree or higher	24.0%	21.1%
Unemployment rate	9.4%	1.7%

Trends (ACS 5-year, 2019–2023)

	Franklinton	Lake Royale
Population	2,260 → 2,562 (+13.4%)	3,485 → 2,959 (-15.1%)
Median household income	$39,018 → $64,053 (+64.2%)	$57,750 → $96,250 (+66.7%)
Median home value	$99,900 → $195,800 (+96.0%)	$209,800 → $263,000 (+25.4%)
Median gross rent	$782 → $995 (+27.2%)	$1,129 → $1,144 (+1.3%)

Franklinton

Population

2,2602,562

Median household income

$39,018$64,053

Median home value

$99,900$195,800

Median gross rent

$782$995

Lake Royale

Population

3,4852,959

Median household income

$57,750$96,250

Median home value

$209,800$263,000

Median gross rent

$1,129$1,144

Age & race/ethnicity

Age distribution (share)

	Franklinton	Lake Royale
Under 5	5.0%	1.3%
5 to 17	22.2%	15.0%
18 to 24	11.6%	8.1%
25 to 34	10.4%	6.4%
35 to 44	12.6%	19.1%
45 to 54	10.1%	15.1%
55 to 64	14.8%	8.2%
65 to 74	8.7%	11.6%
75 and over	4.6%	15.1%

Race & ethnicity (share)

	Franklinton	Lake Royale
White (non-Hispanic)	51.7%	93.7%
Black or African American	37.4%	0.8%
American Indian & Alaska Native	0.1%	0.0%
Asian	0.9%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.2%	1.1%
Hispanic or Latino	5.7%	4.4%

Educational attainment (age 25+)

Share of adults 25+

	Franklinton	Lake Royale
No high school diploma	10.7%	4.7%
High school graduate	33.3%	35.5%
Some college or associate's	32.0%	38.8%
Bachelor's degree	13.1%	14.1%
Graduate or professional degree	11.0%	6.9%

Commute to work

How workers get to work (share)

	Franklinton	Lake Royale
Drove alone	73.8%	93.6%
Carpooled	10.9%	4.3%
Public transit	0.0%	0.0%
Walked	1.5%	0.0%
Bicycle	0.0%	0.0%
Worked from home	13.7%	2.1%
Other means	0.2%	0.0%

Housing

Units in structure (share)

	Franklinton	Lake Royale
1-unit, detached	82.0%	73.5%
1-unit, attached	1.4%	0.0%
2 to 4 units	4.9%	3.2%
5 to 19 units	0.5%	0.0%
20 or more units	4.4%	0.0%
Mobile home & other	6.8%	23.3%

Poverty & households

	Franklinton	Lake Royale
Poverty rate	10.8%	6.6%
Average household size	2.79	2.27
Mean commute (minutes)	32	35
Median year structure built	1956	1998