Census tract · Franklin County
Census Tract 607.03, Franklin County, North Carolina
Census Tract 607.03, GEOID 37069060703, in Franklin County, North Carolina, mostly within Lake Royale (95% of its census blocks). 2,494 residents in the ACS 2020-2024 5-year estimates (±669); the 2020 Census counted 2,423.
Residents, 2020-2024
2,494
±669 (90% margin)
2020 Census count: 2,423
Median household income
$99,677
±$35,224 (90% margin)
Franklin County: $74,240
Median home value
$278,400
±$35,803 (90% margin)
Franklin County: $284,300
Median gross rent
not published
Franklin County: $1,083
Where is Census Tract 607.03?
Census Tract 607.03 is one of 16 census tracts in Franklin County, North Carolina. It covers 4.45 square miles of land, 544 residents per square mile in 2020. Its GEOID, 37069060703, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Lake Royale | 95% |
4 census tracts border Census Tract 607.03: Tract 607.01 ($55,250), Tract 607.02 ($41,172), Tract 608.01 ($53,661) and Tract 110 in Nash County ($45,064). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 607.03?
The 2020-2024 American Community Survey puts Census Tract 607.03's population at 2,494 (±669) in 1,054 households; the 2020 Census counted 2,423 residents and 1,717 housing units.
| Measure | Tract 607.03 | Lake Royale |
|---|---|---|
| Total population | 2,494 ±669 | 3,168 |
| Households | 1,054 ±229 | 1,375 |
| Average household size | 2.37 ±0.36 | 2.30 |
| Housing units | 1,573 ±238 | 2,198 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 607.03?
The median resident of Census Tract 607.03 is 44.7 years old; 17.2% are under 18 and 27.5% are 65 or older. The largest group is non-Hispanic white residents at 80.4%, then non-Hispanic Black residents at 10.7%.
| Measure | Tract 607.03 | Lake Royale |
|---|---|---|
| Median age | 44.7 ±9.1 | 47.9 |
| Under 18 years | 17.2% ±6.0 pts | 12.2% |
| 65 years and over | 27.5% ±11.1 pts | 28.2% |
| Hispanic or Latino (any race) | 6.1% ±4.6 pts | 4.8% |
| White alone, not Hispanic | 80.4% ±10.6 pts | 85.6% |
| Black or African American alone, not Hispanic | 10.7% ±9.2 pts | 6.6% |
| Asian alone, not Hispanic | 0.0% ±1.7 pts | 0.0% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±1.7 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±1.7 pts | 0.0% |
| Two or more races, not Hispanic | 2.8% ±3.0 pts | 3.0% |
| Some other race alone, not Hispanic | 0.0% ±1.7 pts | 0.0% |
| Born outside the United States | 4.9% ±3.5 pts | 5.4% |
| Speak a language other than English at home (age 5+) | 4.1% ±3.3 pts | 3.2% |
| Civilian veterans (age 18+) | 13.1% ±6.4 pts | 11.0% |
| With a disability | 21.3% ±10.3 pts | 18.1% |
| No health insurance coverage | 0.7% ±0.8 pts | 3.0% |
| High school graduate or higher (age 25+) | 92.1% ±6.6 pts | 92.9% |
| Bachelor's degree or higher (age 25+) | 25.1% ±9.5 pts | 22.1% |
| Graduate or professional degree (age 25+) | 11.5% ±5.3 pts | 10.5% |
| Lived in the same house a year earlier | 95.2% ±4.2 pts | 88.3% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 607.03 earn?
Half of the 1,054 households in Census Tract 607.03 earn less than $99,677 a year (±$35,224), against $74,240 across Franklin County: 1st highest of the county's 16 tracts with a reliable estimate.
| Measure | Tract 607.03 | Lake Royale |
|---|---|---|
| Median household income | $99,677 ±$35,224 | $107,806 |
| Mean household income | $94,098 ±$14,509 | $103,342 |
| Per capita income | $41,549 ±$4,938 | $47,727 |
| People below the poverty line | 9.7% ±7.6 pts | 7.3% |
| Children under 18 below the poverty line | 10.0% ±16.5 pts | 0.0% |
| Households receiving SNAP | 3.5% ±3.6 pts | 4.9% |
| Households with a computer | 90.8% ±8.3 pts | 92.9% |
| Households with a broadband subscription | 88.5% ±9.0 pts | 91.2% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 607.03?
Owners occupy 97.8% of Census Tract 607.03's occupied homes and renters 2.2%. The median owner-occupied home is valued at $278,400 by its owner (±$35,803).
| Measure | Tract 607.03 | Lake Royale |
|---|---|---|
| Median home value (owner-occupied) | $278,400 ±$35,803 | $280,400 |
| Renters paying 35% or more of income on rent | 53.3% ±53.3 pts | 11.9% |
| Median monthly owner costs, with a mortgage | $1,505 ±$357 | $1,593 |
| Owner-occupied homes | 97.8% ±2.3 pts | 94.5% |
| Renter-occupied homes | 2.2% ±2.3 pts | 5.5% |
| Housing units | 1,573 ±238 | 2,198 |
| Single-family detached homes | 79.8% ±10.2 pts | 71.3% |
| Mobile homes | 19.2% ±9.9 pts | 25.6% |
| Built 2020 or later | 3.5% ±2.6 pts | 3.8% |
| Built 2010 to 2019 | 20.5% ±10.1 pts | 20.3% |
| Built 1939 or earlier | 0.0% ±2.7 pts | 0.0% |
| Households with no vehicle | 3.7% ±6.1 pts | 2.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 607.03 get to work?
87.3% of Census Tract 607.03's workers drive alone. The average trip to work takes 39.1 minutes.
| Measure | Tract 607.03 | Lake Royale |
|---|---|---|
| In the labor force (age 16+) | 59.4% ±10.9 pts | 61.8% |
| Unemployment rate | 1.8% ±1.5 pts | 1.3% |
| Drove alone to work | 87.3% ±8.2 pts | 89.0% |
| Carpooled | 6.4% ±5.7 pts | 5.2% |
| Public transportation | 0.0% ±3.4 pts | 0.0% |
| Walked | 0.0% ±3.4 pts | 0.0% |
| Worked from home | 6.3% ±5.6 pts | 5.9% |
| Mean travel time to work | 39.1 min ±6.2 | 36.6 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 607.03 compare with the other tracts in Franklin County?
Among Franklin County's tracts with a reliable estimate, Census Tract 607.03 ranks as shown below (1 = highest).
| Measure | In Franklin County |
|---|---|
| Population | 14th of 16 |
| Residents per square mile | 1st of 16 |
| Median household income | 1st of 16 |
| Per capita income | 4th of 16 |
| Median home value | 5th of 15 |
| Bachelor's degree or higher | 7th of 14 |
| Median age | 3rd of 16 |
| Owner-occupied share | 1st of 16 |
The tracts next to it on Franklin County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 607.03 | 1st | $99,677±$35,224 |
| Tract 606.01 | 2nd | $96,667±$24,750 · within the margin of this tract |
| Tract 605.02 | 3rd | $95,612±$18,288 · within the margin of this tract |
| Tract 605.01 | 4th | $95,195±$12,185 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 607.03?
5 of the 17 figures for Census Tract 607.03 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections