CensusEasy
CITY · 2020 ACS

Rainbow Lakes

New Jersey · 1,255 residents · 1.097 sq mi
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The short version

Rainbow Lakes is significantly wealthier than the US average, with a median household income of $110,781. Population has declined 6% since 2021. 51% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $430,400. Poverty is rare here, at 2.4% of residents. Households here earn about 30% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.8
US median: 38.8
More educated
51% 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

1,255
−6%vs 2021
vs 1,336 in 2021
2020 – 2024
1,144 / sq mi
−6%vs 2021
vs 1,218 / sq mi in 2021
US average: 280
39.8
+13%vs 2021
vs 35.3 in 2021
US average: 38.8
Population, 20202024
1K1K1K1K1K20202024Rainbow Lakes
20241K
20202024
Section 02

Income & economy

$110,781
+7%inflation adjusted, since 2021
vs $108,125 in 2021
US average: $66,278
2020 – 2024
$46,314
−3%vs 2021
vs $47,737 in 2021
US average: $35,364
Households earning $100K+
70.6%
−5.7 ptsvs 2021
vs 76.2% in 2021
US average: 43.9%
2.4%
−0.3 ptsvs 2021
vs 2.8% in 2021
US average: 12.8%
Workforce by industry, 2020
Information16.8%
US avg: 11.1%
Retail trade5.2%
US avg: 10%
Transportation & warehousing4.9%
US avg: 2.5%
Other services3%
US avg: 6.6%
Public administration3%
US avg: 4.7%
Arts, entertainment, food1.3%
US avg: 2%
Finance & insurance0.9%
US avg: 5.5%
Professional, scientific, technical0.9%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$430,400
−1%inflation adjusted, since 2021
vs $456,800 in 2021
US average: $265,253
2020 – 2024
63.7%
+0.8 ptsvs 2021
vs 62.9% in 2021
36.3% rent
3.9
−8%vs 2021
vs 4.2 in 2021
2020 – 2024
RELATED:See current rent listings in Rainbow Lakes on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic47.9%(640)
Black0.4%(6)
Hispanic / Latino32.6%(436)
Asian17.4%(233)
Other1.6%(21)
Diversity Score79.2%(1,058)
2020
White, non-Hispanic59%(740)
Black1.1%(14)
Hispanic / Latino15.5%(194)
Asian20.6%(258)
Other0.9%(11)
Diversity Score69.9%(878)
70
−12%vs 2021
vs 79 in 2021
2020 – 2024
Section 05

Education

51.4%
−5.9 ptsvs 2021
vs 57.3% in 2021
US average: 32.9%
High school or higher
88.7%
−6.8 ptsvs 2021
vs 95.5% in 2021
US average: 88.5%
14.6%
−1.2 ptsvs 2021
vs 15.7% in 2021
US average: 12.7%
Section 06

Commute & transportation

24.4 min
−10%vs 2021
vs 27.0 min in 2021
US average: 26.9
62.0%
+2.2 ptsvs 2021
vs 59.8% in 2021
US average: 75.1%
1.9%
−0.1 ptsvs 2021
vs 2.0% in 2021
US average: 8.4%
Section 07

Work & employment

5.3%
−0.4 ptsvs 2021
vs 5.8% in 2021
US average: 5.4%
73.7%
−7.1 ptsvs 2021
vs 80.8% in 2021
US average: 63.4%
51.6%
−3.8 ptsvs 2021
vs 55.4% in 2021
US average: 39.3%
Section 08

People & community

55.0%
+2.7 ptsvs 2021
vs 52.3% in 2021
45.0%
−2.7 ptsvs 2021
vs 47.7% in 2021
39.1%
+9.5 ptsvs 2021
vs 29.6% in 2021
US average: 13.5%
2.5%
+0.7 ptsvs 2021
vs 1.8% in 2021
US average: 8.8%
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Frequently asked

How many people live in Rainbow Lakes, New Jersey?

Rainbow Lakes, New Jersey has about 1,255 residents according to the 2020 American Community Survey.

What is the median household income in Rainbow Lakes, New Jersey?

The typical household in Rainbow Lakes, New Jersey earns about $110,781 a year. Half of households make more than that, and half make less.

Is Rainbow Lakes, New Jersey expensive?

In Rainbow Lakes, New Jersey, the median home is worth about $430,400.

How educated are people in Rainbow Lakes, New Jersey?

About 51.4% of adults age 25 and over in Rainbow Lakes, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Rainbow Lakes, New Jersey?

About 2.4% of people in Rainbow Lakes, New Jersey 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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