Cost of living in Lake Royale, NC

Lake Royale is a census-designated place in Franklin County, NC. ACS 2024 5-year population is 3,168. Median gross rent is $1,390 (ACS 2024 5-year, this place). Median home value is $280,400. Median household income is $107,806. Insurance is the NAIC state average; food is a USDA plan — no town indexes.