Royal, IL
Population 313 · Illinois
About Royal, IL
Royal is a small community located in Illinois with a population of 313 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,500 per year, which is 24% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Royal features a median home value of $144,600, which is 41% below the national median of $244,900. This makes Royal one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,109, 5% below the national average of $1,163/month. Of the 142 total housing units, 87% are owner-occupied (116 units) and 13% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Royal shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Royal have an average one-way commute time of 30 minutes.
Education & Demographics
24.1% of Royal residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Royal, IL
Compared to national averages, Royal has a median household income of $93,500 (24% above the national median of $75,149). Home values average $144,600, which is 41% below the national median. Monthly rent at $1,109 is 5% below the US average of $1,163. Within Illinois, Royal's income is 25% above the state average of $75,072, and home values are 13% below the state median of $165,779.
Why Live in Royal, IL?
Royal offers a strong local economy with a median household income of $93,500, well above the national average, and affordable housing with a median home value of $144,600, below the US average of $244,900, and rent that’s lower than the national average at $1,109/month. Additionally, the city features a strong job market with an unemployment rate of just 1.8%, and a low poverty rate of 1.9%, better than the national average.
Royal has a population of 313 with a median age of 40.1 years. Compare Royal with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Royal
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Martinton | 312 | $86,000 | $110,500 | Compare |
| Ransom | 312 | $69,250 | $101,500 | Compare |
| Addieville | 315 | $101,875 | $153,300 | Compare |
| Waltonville | 315 | $69,583 | $96,100 | Compare |
| Arenzville | 310 | $82,188 | $109,900 | Compare |
| Virgil | 310 | $97,500 | $301,500 | Compare |
| Manlius | 308 | $67,500 | $87,800 | Compare |
| Royal Lakes | 318 | $0 | $54,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Royal With Other Cities
Frequently Asked Questions about Royal
What is the population of Royal, IL?
The population of Royal, IL is 313 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Royal?
The median household income in Royal, IL is $93,500 per year, which is 24% above the national median of $75,149.
What is the median home value in Royal?
The median home value in Royal, IL is $144,600, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Royal?
The median monthly rent in Royal, IL is $1,109, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Royal?
The unemployment rate in Royal, IL is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Royal, IL a good place to live?
Royal offers above-average incomes, affordable housing, and a strong job market. With a population of 313 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Royal, IL?
24.1% of residents in Royal aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Royal?
Key cost-of-living indicators for Royal, IL: median home value is $144,600 (41% below national), median rent is $1,109/month, and median household income is $93,500. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Royal?
The poverty rate in Royal, IL is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Royal, IL?
Royal's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 8.6% two or more races. 0.0% of residents are foreign-born.