Royal

Population

Population

Population	2000	2010	2023	2028
Royal	475	435	345	331

Source: ESRI, 2023-10-17

Population by Age

Population	2023
0-4	17
5-9	13
10-14	19
15-19	17
20-24	15
25-29	23
30-34	15
35-39	30
40-44	26
45-49	16
50-54	20
55-59	25
60-64	24
65-69	34
70-74	21
75-79	13
80-84	12
85+	5
18+	288
Median Age	45

Source: ESRI, 2023-10-17

Population by Race

Royal	2023
Total	345.00
White Alone	96.23%
Black Alone	0%
American Indian Alone	0.58%
Asian Alone	0%
Pacific Islander Alone	0%
Some Other Race	1.16%
Two or More Races	2.03%
Hispanic Origin	3.19%
Diversity Index	13.10

Source: ESRI, 2023-10-17

Growth Rate

Royal	2023 - 2028
Population	-0.83%
Households	-0.24%
Families	0.64%
Median Household Income	5%
Per Capita Income	3%

Source: ESRI, 2023-10-17

Housing

Households

Population	2000	2010	2023	2028
Households	198	187	167	165
Housing Units	225	211	198	198
Owner Occupied Units			138	143
Renter Occupied Units			29	22
Vacant Units			31	33

Source: ESRI, 2023-10-17

Home Value

Royal	2023	2028
Median Home Value	$118,182	$129,167
Average Home Value	$143,116	$147,727
<$50,000	26	25
$50,000 - $99,999	35	36
$100,000 - $149,999	22	18
$150,000 - $199,999	26	28
$200,000 - $249,999	14	21
$250,000 - $299,999	5	4
$300,000 - $399,999	2	3
$400,000 - $499,999	6	7
$500,000 - $749,999	2	1
$1,000,000 +	0	0

Source: ESRI, 2023-10-17

Housing Year Built

Year Range	Houses Built
2010 or Later	3
2000-2009	17
1990-1999	4
1980-1989	8
1970-1979	25
1960-1969	22
1950-1959	20
1940-1949	10
1939 or Before	109

Source: ESRI, 2023-10-17

Income

Income

Royal	2023	2028
Median Household	$60,437	$75,526
Average Household	$75,058	$84,621
Per Capita	$36,333	$42,183

Source: ESRI, 2023-10-17

Household Income

Royal	2023
<$15,000	14
$15,000 - $24,999	7
$25,000 - $34,999	15
$35,000 - $49,999	31
$50,000 - $74,999	32
$75,000 - $99,999	38
$100,000 - $149,999	19
$150,000 - $199,999	5
$200,000+	6

Source: ESRI, 2023-10-17

Employees

Commute

Category	Commuters
Workers 16+	220
In-County Residents	165
Out-of-County Residents	51
Drive Alone	156
Carpooled	32
Public Transport	0
Work at Home	14
Motorcycle	0
Bicycle	0
Walked	16
Other	2
Less than 5 minutes	25
5-9 minutes	28
10-14 minutes	15
15-19 minutes	45
20-24 minutes	39
25-29 minutes	2
30-34 minutes	12
35-39 minutes	0
40-44 minutes	37
45-59 minutes	3
60-89 minutes	2
90+ minutes	0
Average Travel Time	0

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

Category	Number
Total Employees	131
Agr/Forestry/Fish/Hunt	3
Mining	0
Utilities	0
Construction	5
Manufacturing	4
Wholesale Trade	0

Retail Trade	3
Motor Veh/Parts Dealers	0
Furn & Home Furnish Str	0
Electronics & Appl Store	0
Bldg Matl/Garden Equip	0
Food & Beverage Stores	1
Health/Pers Care Stores	0
Gasoline Stations	0
Clothing/Accessory Store	2
Sports/Hobby/Book/Music	0
General Merchandise Str	0

Transportation/Warehouse	4
Information	10

Finance & Insurance	8
Cntrl Bank/Crdt Intrmdtn	8
Sec/Cmdty Cntrct/Oth Inv	0
Insur/Funds/Trusts/Other	0

Real Estate/Rent/Leasing	0
Prof/Scientific/Tech Srv	6
Legal Services	0
Mgmt of Comp/Enterprises	10
Admin/Support/Waste Mgmt	0
Educational Services	40
HealthCare/Social Assist	30
Arts/Entertainment/Rec	0

Accommodation/Food Srvcs	2
Accommodation	0
Food Srv/Drinking Places	2

Other Srv excl Pub Admin	5
Auto Repair/Maintenance	1
Public Administration Emp	1

Source: ESRI, 2023-10-17

Educational Attainment (25+)

Royal	2023
<9th Grade	1
Some High School	4
GED	12
Graduated High School	85
Some College/No Degree	36
Associates Degree	73
Bachelor's Degree	43
Graduate Degree	10

Source: ESRI, 2023-10-17

Businesses

Businesses by NAICS

Category	Number
Total Businesses	20
Agr/Forestry/Fish/Hunt Bus	1
Mining Bus	0
Utilities Bus	0
Construction Bus	1
Manufacturing Bus	2
Wholesale Trade Bus	0

Retail Trade Bus	2
Motor Veh/Parts Dealers Bus	0
Furn & Home Furnish Str Bus	0
Electronics & Appl Store Bus	0
Bldg Matl/Garden Equip Bus	0
Food & Beverage Stores Bus	1
Health/Pers Care Stores Bus	0
Gasoline Stations Bus	0
Clothing/Accessory Store Bus	1
Sports/Hobby/Book/Music Bus	0
General Merchandise Str Bus	0

Transportation/Warehouse Bus	1
Information Bus	2

Finance & Insurance Bus	1
Cntrl Bank/Crdt Intrmdtn Bus	1
Sec/Cmdty Cntrct/Oth Inv Bus	0
Insur/Funds/Trusts/Other Bus	0

Real Estate/Rent/Leasing Bus	0
Prof/Scientific/Tech Srv Bus	1
Legal Services Bus	0
Mgmt of Comp/Enterprises Bus	1
Admin/Support/Waste Mgmt Bus	0
Educational Services Bus	2
HealthCare/Social Assist Bus	1
Arts/Entertainment/Rec Bus	0

Accommodation/Food Srvcs Bus	1
Accommodation Bus	0
Food Srv/Drinking Places Bus	1

Other Srv excl Pub Admin Bus	3
Auto Repair/Maintenance Bus	1
Public Administration Bus	1

Source: ESRI, 2023-10-17

MWI Components
US Senate
Midwest Mechanical
Doll Distributing
Godbersen Metal Works
Cannon Moss Brygger Architects

Thoughts on the Corridor

"Our experience with the Corridor has been one of genuine partnership. The team demonstrates true interest in community growth by asking questions to provoke thought..."

— Philip Ramstack, MWI Components

Thoughts on the Corridor

"The Iowa Lakes Corridor serves as an incredible conduit between business, economic development, and government. Their tireless advocacy of their region and member communities (and their diverse needs) helps to keep the Lakes region at the forefront and top-of-mind in my work."

— Kolby DeWitt, Outreach Director, US Senate

Thoughts on the Corridor

"The Iowa Lakes Corridor Development Corporation has always been the go-to place to find ways of helping current business and future business. There isn’t much they will not do to help, including showing property or finding housing for new employees that come to work in the area. The staff at the Corridor is top notch and very caring."

— Donavon Wunschel, Midwestern Mechanical/Spencer City Council

Thoughts on the Corridor

"After our initial (BRE) meeting, Joanne and I started discussing challenges that we were facing and warehouse space was at the top of our issues. She asked me if we had interest in taking a look at the Daily Reporter building as they were wanting to possibly downsize their location. Jo did all of the leg work in arranging a meeting between Doll’s and the Daily Reporter. She even was present the day that we looked at the facility. Basically, without Jo, we could of possibly never been told that a solution to our warehouse needs was 4 blocks away! Jo checked in several times throughout the process and was always asking if there was anything else she could help with. We are very happy with our purchase and the growth opportunities that this additional space will provide us. We can’t thank you enough!"

—Jason Halverson, Doll Distributing

Thoughts on the Corridor

"The Iowa Lakes Corridor has been a valuable resource as we have gone from a startup company to now becoming an established local business, their entire team is very knowledgeable and great to work with."

—Jim Smith, Godbersen Metal Works

Thoughts on the Corridor

"This is a great homebase in Northwest Iowa with the ability to reach a number of communities. The community is positive about growth and values quality spaces. This is a great place to raise a family and be a part of a community that cares about people."

—Adam Van Gorp, CMBA Architects