Rainbow Lakes Estates is home to 3,762 people in Florida. The median age is 52.4, about 13 years above the US median. Owners hold 90% of the housing stock. Four-year degrees are less common here than nationally, at 14% of adults. The typical home is worth $160,400. The average commute runs 39 minutes.
At a glance
Lower income
median household income $50,429, below the US median
US median: $82,259
Older
median age 52.4
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Rainbow Lakes Estates
What changed most since 1990
Adults with a bachelor's degree28.4% → 13.9%(−14.5 pts)US over the same years: +15.3 pts
Population1,411 → 3,762(+167%)US over the same years: +35%
Median age32.5 → 52.4(+19.9 years)US over the same years: +6.0 years
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)7.4%(25)
US avg: 26.4%
Gulf War (1990s)1.2%(4)
US avg: 24.3%
Vietnam era68.8%(231)
US avg: 33.1%
Korean War0%(0)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 336 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Rainbow Lakes Estates, decade by decade
Rainbow Lakes Estates population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
1,411
$104,914
$239,767
28.4%
14.4
2020
3,438
$55,047
$119,386
11.1%
47.0
2024
3,762
$50,429
$160,400
13.9%
50.0
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
How many people live in Rainbow Lakes Estates, Florida?
Rainbow Lakes Estates, Florida has about 3,762 residents according to the 2024 American Community Survey.
What is the median household income in Rainbow Lakes Estates, Florida?
The typical household in Rainbow Lakes Estates, Florida earns about $50,429 a year. Half of households make more than that, and half make less.
Is Rainbow Lakes Estates, Florida expensive?
In Rainbow Lakes Estates, Florida, the median home is worth about $160,400, and the typical rent is about $1,030 a month.
How educated are people in Rainbow Lakes Estates, Florida?
About 13.9% of adults age 25 and over in Rainbow Lakes Estates, Florida hold a bachelor's degree or higher.
What is the poverty rate in Rainbow Lakes Estates, Florida?
About 11.9% of people in Rainbow Lakes Estates, Florida live below the federal poverty line.
Has Rainbow Lakes Estates, Florida grown since 1990?
Yes, Rainbow Lakes Estates, Florida has grown since 1990. The population has added about 2,351 residents, a change of about 167 percent over that period.
