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CITY · 2020 ACS

Rainbow Lakes Estates

Florida · 3,438 residents · 15.833 sq mi
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The short version

Rainbow Lakes Estates has notably lower household income than the US average, with a median household income of $45,417. The city has more than doubled in size since 1990, adding 2,027 residents. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $98,500. With a median age of 53.4, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 53.4
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
More affordable
home values down 50%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,438
+144%since 1990
from 1,411 in 1990
1990 – 2024
Median age
53.4
+64%since 1990
from 32.5 in 1990
US average: 38.8
Population, 1990 – 2024
1K2K3K3K4K19902024Rainbow Lakes Estates
20244K
19902024
Age distribution, 2020
Under 53.9%(133)
US avg: 5.6%
5 to 94.8%(166)
US avg: 6.1%
10 to 145%(173)
US avg: 6.5%
15 to 194.2%(146)
US avg: 6.6%
20 to 244.7%(163)
US avg: 6.7%
25 to 3410.5%(361)
US avg: 13.5%
35 to 448.1%(279)
US avg: 12.7%
45 to 5411.1%(380)
US avg: 12.3%
55 to 6418.8%(645)
US avg: 13.1%
65 to 7416.5%(568)
US avg: 10%
75 to 849.5%(325)
US avg: 4.9%
85 and over2.9%(99)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$45,417
−48%inflation adjusted, since 1990
from $43,713 in 1990
US average: $66,278
1990 – 2024
Per capita income
$21,155
−14%since 1990
from $24,527 in 1990
US average: $35,364
Households earning $100K+
13.4%
US average: 43.9%
Poverty rate
12.3%
+11.8 ptssince 1990
from 0.6% in 1990
US average: 12.8%
Workforce by industry, 2020
Information17.8%
US avg: 11.1%
Transportation & warehousing12.9%
US avg: 2.5%
Wholesale trade5.8%
US avg: 6.7%
Retail trade4.7%
US avg: 10%
Arts, entertainment, food3.8%
US avg: 2%
Other services2.3%
US avg: 6.6%
Public administration2.3%
US avg: 4.7%
Finance & insurance1.3%
US avg: 5.5%
Professional, scientific, technical1.3%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$98,500
−50%inflation adjusted, since 1990
from $99,900 in 1990
US average: $265,253
1990 – 2024
Median gross rent
$771
−48%inflation adjusted, since 1990
from $750 in 1990
US average: $1,124
Owner-occupied
84.7%
−7.2 ptssince 1990
from 91.9% in 1990
15.3% rent
Afford Score
2.2
2020 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
RELATED:See current rent listings in Rainbow Lakes Estates on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic95.5%(1,347)
Black1.1%(16)
Hispanic / Latino2.1%(30)
Asian2.8%(39)
Other0.6%(9)
2020
White, non-Hispanic77.8%(2,674)
Black2.6%(91)
Hispanic / Latino13.2%(453)
Asian0.7%(25)
Other2.9%(101)

No data for the years selected.

Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Puerto Rican3.7%(133)
Asian origin
Filipino1.4%(50)
Ancestry
German19.5%(694)
American11.4%(406)
Irish11.4%(405)
English7.5%(266)
Polish4.8%(171)
Italian4.4%(158)
French4.1%(145)
Scotch-Irish0.9%(33)
Russian0.7%(26)
Danish0.6%(22)
Swedish0.5%(19)
+ 5 more ancestry groups with data
British0.5%(18)
Ukrainian0.5%(18)
Norwegian0.4%(15)
Scottish0.4%(14)
Greek0%(1)
RANKED:Largest German population · Largest American population · Largest Irish population · Largest English population · Largest Polish population
Section 05

Education

Bachelor's degree or higher
11.1%
−17.3 ptssince 1990
from 28.4% in 1990
US average: 32.9%
High school or higher
80.4%
−2.0 ptssince 1990
from 82.4% in 1990
US average: 88.5%
Graduate degree
3.3%
−4.2 ptssince 1990
from 7.5% in 1990
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.3 min
+59%since 1990
from 19.7 min in 1990
US average: 26.9
Drive alone to work
86.7%
US average: 75.1%
No vehicle available
1.1%
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.0%
US average: 5.4%
Labor force participation
42.5%
US average: 63.4%
Management & professional
18.4%
US average: 39.3%
Section 08

People & community

Male
51.4%
Female
48.6%
Foreign born
3.3%
US average: 13.5%
Uninsured
8.3%
US average: 8.8%
Marital status (2024)
Men 15+
Never married21.7%(305)
Married61.9%(872)
Widowed6.4%(90)
Divorced10%(141)
Women 15+
Never married27.2%(476)
Married53.4%(933)
Widowed11.8%(207)
Divorced7.5%(131)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Drill deeper

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Compare Rainbow Lakes Estates to nearby cities

RAINBOW LAKES ESTATES VS
Citrus Springs
Income$68,011+50%
Home value$240,000+144%
Population12,215+225%
SEE FULL COMPARISON →
RAINBOW LAKES ESTATES VS
On Top of the World
Income$60,670+34%
Home value$303,900+209%
Population16,007+325%
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RAINBOW LAKES ESTATES VS
Pine Ridge CDP (Citrus County)
Income$71,014+56%
Home value$384,800+291%
Population10,762+186%
SEE FULL COMPARISON →
RAINBOW LAKES ESTATES VS
Hernando
Income$43,076−5%
Home value$209,700+113%
Population9,299+147%
SEE FULL COMPARISON →
Frequently asked

How many people live in Rainbow Lakes Estates, Florida?

Rainbow Lakes Estates, Florida has about 3,438 residents according to the 2020 American Community Survey.

What is the median household income in Rainbow Lakes Estates, Florida?

The typical household in Rainbow Lakes Estates, Florida earns about $45,417 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 $98,500, and the typical rent is about $771 a month.

How educated are people in Rainbow Lakes Estates, Florida?

About 11.1% 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 12.3% 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 2,027 residents, a change of about 144 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →