CensusEasy
CITY · 2020 ACS

Rainbow Park

Florida · 1,672 residents · 4.827 sq mi
Time machine
VIEWING
COMPARE TO
Part of the Ocala metro area
Compare
The short version

Rainbow Park has notably lower household income than the US average, with a median household income of $28,911. Population has declined 6% since 2021. 10% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $69,000. The poverty rate of 42.3% is well above the national figure. Households here earn about 50% less than the Florida median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 38.3
US median: 38.8
Less educated
10% hold a bachelor's degree
US average: 33%
More affordable
home values down 23%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

1,672
−6%vs 2021
vs 1,785 in 2021
2020 – 2024
346 / sq mi
−6%vs 2021
vs 370 / sq mi in 2021
US average: 280
38.3
−4%vs 2021
vs 39.9 in 2021
US average: 38.8
Population, 20202024
2K2K2K2K2K20202024Rainbow Park
20242K
20202024
Section 02

Income & economy

$28,911
−35%inflation adjusted, since 2021
vs $46,293 in 2021
US average: $66,278
2020 – 2024
$13,950
−26%vs 2021
vs $18,953 in 2021
US average: $35,364
Households earning $100K+
15.7%
−7.0 ptsvs 2021
vs 22.7% in 2021
US average: 43.9%
42.3%
+4.2 ptsvs 2021
vs 38.1% in 2021
US average: 12.8%
Workforce by industry, 2020
Information27%
US avg: 11.1%
Finance & insurance11.1%
US avg: 5.5%
Professional, scientific, technical11.1%
US avg: 4.7%
Retail trade7.9%
US avg: 10%
Wholesale trade3%
US avg: 6.7%
Agriculture, forestry, fishing2.7%
US avg: 1.7%
Construction2.7%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$69,000
−23%inflation adjusted, since 2021
vs $93,900 in 2021
US average: $265,253
2020 – 2024
75.0%
−14.5 ptsvs 2021
vs 89.5% in 2021
25.0% rent
2.4
+18%vs 2021
vs 2.0 in 2021
2020 – 2024
RELATED:See current rent listings in Rainbow Park on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic54.5%(973)
Black9.4%(168)
Hispanic / Latino32.5%(580)
Asian0%(0)
Other3.6%(64)
Diversity Score73.4%(1,310)
2020
White, non-Hispanic59.7%(998)
Black7.6%(127)
Hispanic / Latino26.4%(441)
Asian0.8%(13)
Other3.5%(58)
Diversity Score68.6%(1,146)
69
−7%vs 2021
vs 73 in 2021
2020 – 2024
Section 05

Education

10.5%
−4.2 ptsvs 2021
vs 14.7% in 2021
US average: 32.9%
High school or higher
71.5%
−7.2 ptsvs 2021
vs 78.7% in 2021
US average: 88.5%
0.0%
−2.8 ptsvs 2021
vs 2.8% in 2021
US average: 12.7%
Section 06

Commute & transportation

26.2 min
−19%vs 2021
vs 32.3 min in 2021
US average: 26.9
81.9%
−12.4 ptsvs 2021
vs 94.3% in 2021
US average: 75.1%
0.0%
−7.7 ptsvs 2021
vs 7.7% in 2021
US average: 8.4%
Section 07

Work & employment

23.5%
+7.5 ptsvs 2021
vs 16.0% in 2021
US average: 5.4%
44.3%
−1.4 ptsvs 2021
vs 45.6% in 2021
US average: 63.4%
36.6%
−4.2 ptsvs 2021
vs 40.8% in 2021
US average: 39.3%
Section 08

People & community

45.9%
−1.8 ptsvs 2021
vs 47.6% in 2021
54.1%
+1.8 ptsvs 2021
vs 52.4% in 2021
10.7%
+3.6 ptsvs 2021
vs 7.1% in 2021
US average: 13.5%
17.8%
−3.1 ptsvs 2021
vs 20.9% in 2021
US average: 8.8%
Drill deeper

Places similar to Rainbow Park

Head to head

Compare Rainbow Park to nearby cities

Frequently asked

How many people live in Rainbow Park, Florida?

Rainbow Park, Florida has about 1,672 residents according to the 2020 American Community Survey.

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

The typical household in Rainbow Park, Florida earns about $28,911 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 $69,000.

How educated are people in Rainbow Park, Florida?

About 10.5% 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 42.3% of people in Rainbow Park, Florida live below the federal poverty line.

Keep going

Explore from here

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

How we source and harmonize this data →