CensusEasy
CITY · 2020 ACS

Rainbow Springs

Florida · 5,091 residents · 11.541 sq mi
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The short version

Rainbow Springs has lower-than-average household income, with a median household income of $49,775. Population has held roughly steady since 2021. Median home value is $188,100. With a median age of 66.5, 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 66.5
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
5,091
+3%vs 2021
vs 4,957 in 2021
2020 – 2024
Population density
441 / sq mi
+3%vs 2021
vs 430 / sq mi in 2021
US average: 280
Median age
66.5
−2%vs 2021
vs 67.7 in 2021
US average: 38.8
Population, 2020 – 2024
5K5K6K6K6K20202024Rainbow Springs
20246K
20202024
Section 02

Income & economy

Median household income
$49,775
−1%inflation adjusted, since 2021
vs $52,836 in 2021
US average: $66,278
2020 – 2024
Per capita income
$31,734
−8%vs 2021
vs $34,434 in 2021
US average: $35,364
Households earning $100K+
30.1%
−3.6 ptsvs 2021
vs 33.7% in 2021
US average: 43.9%
Poverty rate
6.7%
−3.1 ptsvs 2021
vs 9.8% in 2021
US average: 12.8%
Workforce by industry, 2020
Finance & insurance15.5%
US avg: 5.5%
Professional, scientific, technical12%
US avg: 4.7%
Information11.7%
US avg: 11.1%
Retail trade8.7%
US avg: 10%
Transportation & warehousing7.5%
US avg: 2.5%
Wholesale trade4.1%
US avg: 6.7%
Education & health services3.4%
US avg: 0.8%
Other services2.6%
US avg: 6.6%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$188,100
−3%inflation adjusted, since 2021
vs $203,100 in 2021
US average: $265,253
2020 – 2024
Owner-occupied
91.7%
−1.0 ptsvs 2021
vs 92.7% in 2021
8.3% rent
Afford Score
3.8
−2%vs 2021
vs 3.8 in 2021
2020 – 2024
RELATED:See current rent listings in Rainbow Springs on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic86.4%(4,281)
Black2.4%(121)
Hispanic / Latino10.4%(517)
Asian0.3%(17)
Other0.4%(21)
Diversity Score30.3%(1,503)
2020
White, non-Hispanic87.5%(4,455)
Black2.1%(108)
Hispanic / Latino6.2%(316)
Asian0.8%(39)
Other1.1%(55)
Diversity Score24.1%(1,228)
Diversity Score
24
−21%vs 2021
vs 30 in 2021
2020 – 2024
Section 05

Education

Bachelor's degree or higher
26.1%
−1.5 ptsvs 2021
vs 27.6% in 2021
US average: 32.9%
High school or higher
94.0%
−0.9 ptsvs 2021
vs 94.9% in 2021
US average: 88.5%
Graduate degree
11.3%
−0.8 ptsvs 2021
vs 12.1% in 2021
US average: 12.7%
Section 06

Commute & transportation

Average commute
29.2 min
+3%vs 2021
vs 28.5 min in 2021
US average: 26.9
Drive alone to work
90.8%
+2.3 ptsvs 2021
vs 88.6% in 2021
US average: 75.1%
No vehicle available
1.8%
+0.3 ptsvs 2021
vs 1.5% in 2021
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.5%
+4.1 ptsvs 2021
vs 2.4% in 2021
US average: 5.4%
Labor force participation
26.7%
+1.0 ptsvs 2021
vs 25.7% in 2021
US average: 63.4%
Management & professional
39.0%
+3.1 ptsvs 2021
vs 35.9% in 2021
US average: 39.3%
Section 08

People & community

Male
48.0%
−3.3 ptsvs 2021
vs 51.3% in 2021
Female
52.0%
+3.3 ptsvs 2021
vs 48.7% in 2021
Foreign born
6.4%
+2.6 ptsvs 2021
vs 3.7% in 2021
US average: 13.5%
Uninsured
5.1%
+2.8 ptsvs 2021
vs 2.3% in 2021
US average: 8.8%
Drill deeper

Places similar to Rainbow Springs

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Pop 5,811
Ocean City
Pop 5,941
Belleview
Pop 6,512
Fussels Corner
Pop 5,682
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Head to head

Compare Rainbow Springs to nearby cities

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RAINBOW SPRINGS VS
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RAINBOW SPRINGS VS
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RAINBOW SPRINGS VS
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Income$71,014+43%
Home value$384,800+105%
Population10,762+77%
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Frequently asked

How many people live in Rainbow Springs, Florida?

Rainbow Springs, Florida has about 5,091 residents according to the 2020 American Community Survey.

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

The typical household in Rainbow Springs, Florida earns about $49,775 a year. Half of households make more than that, and half make less.

Is Rainbow Springs, Florida expensive?

In Rainbow Springs, Florida, the median home is worth about $188,100.

How educated are people in Rainbow Springs, Florida?

About 26.1% of adults age 25 and over in Rainbow Springs, Florida hold a bachelor's degree or higher.

What is the poverty rate in Rainbow Springs, Florida?

About 6.7% of people in Rainbow Springs, 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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