Last updated: 2024 BLS data · Page refreshed:
Rainbow City has a population of 10,284 with a median age of 41.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,284 |
| Median Age | 41.7 |
| White | 79.1% |
| Black or African American | 11.8% |
| Asian | 2.4% |
| Hispanic or Latino | 2.3% |
| Other / Two or More Races | 4.4% |
The median household income in Rainbow City is $56,398, which is 30.0% below the national median of $80,610. The per capita income is $39,440. The poverty rate is 10.0%.
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In Rainbow City, 83.4% of residents age 25+ have a high school diploma or higher, and 20.8% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.4% |
| Bachelor's Degree or Higher | 20.8% |
| Graduate or Professional Degree | 8.9% |
The median home value in Rainbow City is $223,000, below the national median of $303,400. The median monthly rent is $1,048. The homeownership rate is 65.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $223,000 |
| Median Monthly Rent | $1,048 |
| Homeownership Rate | 65.6% |
| Vacancy Rate | 12.0% |
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