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CITY

Rainbow Park

Florida · 2,056 residents · 4.827 sq mi
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The short version

Rainbow Park has lower-than-average household income, with a median household income of $66,550. Population has held roughly steady since 2023. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $197,600.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 41.4
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,056
−1%since 2023
from 2,070 in 2023
2020 – 2024
Population density
426 / sq mi
−1%since 2023
from 429 / sq mi in 2023
US average: 281
Median age
41.4
+16%since 2023
from 35.7 in 2023
US average: 38.9
Population, 2020 – 2024
2K2K2K2K2K20202024Rainbow Park
20242K
20202024
Section 02

Income & economy

Median household income
$66,550
+23%inflation adjusted, since 2023
from $52,685 in 2023
US average: $82,259
2020 – 2024
Per capita income
$28,025
+43%since 2023
from $19,540 in 2023
US average: $44,673
Households earning $100K+
42.2%
+9.9 ptssince 2023
from 32.4% in 2023
US average: 53.3%
Poverty rate
12.9%
−31.8 ptssince 2023
from 44.7% in 2023
US average: 12.5%
Income inequality (Gini)
0.333
−22%since 2023
from 0.424 in 2023
US average: 0.476
Workforce by industry, 2024
Information28.4%
US avg: 10.8%
Finance & insurance8.6%
US avg: 5.9%
Professional, scientific, technical8.6%
US avg: 5.1%
Wholesale trade5.5%
US avg: 6.9%
Agriculture, forestry, fishing5.4%
US avg: 1.6%
Construction5.4%
US avg: 1.2%
Retail trade5.3%
US avg: 9.9%
Other services0.3%
US avg: 6.7%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$197,600
+16%inflation adjusted, since 2023
from $165,400 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,443
US average: $1,442
Owner-occupied
81.9%
−13.7 ptssince 2023
from 95.6% in 2023
18.1% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
21.5%
−11.1 ptssince 2023
from 32.6% in 2023
US average: 22.9%
Renter cost-burdened
55.2%
+55.2 ptssince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
3.0
−5%since 2023
from 3.1 in 2023
2020 – 2024
RELATED:See current rent listings in Rainbow Park on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic47.7%(988)
Black10.4%(216)
Hispanic / Latino34.8%(721)
Asian0%(0)
Other7%(145)
Diversity Score79.4%(1,643)
2024
White, non-Hispanic56.5%(1,162)
Black4.9%(100)
Hispanic / Latino28.4%(583)
Asian0%(0)
Other10.3%(211)
Diversity Score73.4%(1,509)
Diversity Score
73
−8%since 2023
from 79 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
10.6%
−3.3 ptssince 2023
from 13.9% in 2023
US average: 35.6%
High school or higher
84.8%
+0.3 ptssince 2023
from 84.4% in 2023
US average: 89.6%
Graduate degree
0.9%
−0.3 ptssince 2023
from 1.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.1 min
+14%since 2023
from 25.6 min in 2023
US average: 26.5
Drive alone to work
67.4%
−19.4 ptssince 2023
from 86.8% in 2023
US average: 68.9%
Carpooled to work
23.9%
+11.5 ptssince 2023
from 12.4% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
8.7%
+8.0 ptssince 2023
from 0.8% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.6%
−2.5 ptssince 2023
from 5.1% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.2%
−9.2 ptssince 2023
from 13.4% in 2023
US average: 5.2%
Labor force participation
65.2%
+19.1 ptssince 2023
from 46.1% in 2023
US average: 63.5%
Self-employed
1.6%
−4.9 ptssince 2023
from 6.5% in 2023
US average: 13.1%
Management & professional
22.1%
−2.1 ptssince 2023
from 24.1% in 2023
US average: 42.5%
Section 08

People & community

Male
50.7%
+1.6 ptssince 2023
from 49.1% in 2023
Female
49.3%
−1.6 ptssince 2023
from 50.9% in 2023
Foreign born
14.2%
+3.1 ptssince 2023
from 11.1% in 2023
US average: 14.1%
Veterans
9.5%
−0.4 ptssince 2023
from 10.0% in 2023
US average: 6.2%
With a disability
14.3%
+3.2 ptssince 2023
from 11.1% in 2023
US average: 13.3%
Uninsured
17.9%
+2.7 ptssince 2023
from 15.2% in 2023
US average: 8.4%
Broadband at home
94.6%
+0.6 ptssince 2023
from 94.0% in 2023
US average: 91.0%
English only at home
70.3%
−3.1 ptssince 2023
from 73.4% in 2023
US average: 77.7%
Spanish at home
29.7%
+3.7 ptssince 2023
from 26.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Rainbow Park

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Compare Rainbow Park to nearby cities

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RAINBOW PARK VS
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RAINBOW PARK VS
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RAINBOW PARK VS
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Population12,215+494%
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Frequently asked

How many people live in Rainbow Park, Florida?

Rainbow Park, Florida has about 2,056 residents according to the 2024 American Community Survey.

What is the median household income in Rainbow Park, Florida?

The typical household in Rainbow Park, Florida earns about $66,550 a year. Half of households make more than that, and half make less.

Is Rainbow Park, Florida expensive?

In Rainbow Park, Florida, the median home is worth about $197,600, and the typical rent is about $1,443 a month.

How educated are people in Rainbow Park, Florida?

About 10.6% of adults age 25 and over in Rainbow Park, Florida hold a bachelor's degree or higher.

What is the poverty rate in Rainbow Park, Florida?

About 12.9% of people in Rainbow Park, Florida live below the federal poverty line.

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

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