Median Income
$60,560
household / year
Median Home Value
$129,600
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
96
national avg = 100

Is Rainbow Park, FL a Good Place to Live?

Rainbow Park is a small town of 2,059 in Florida, with a median household income of $60,560 and a 11.8% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: Rainbow Park stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Rainbow Park is right for you depends on your priorities — the full breakdown is below.

All Rainbow Park city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 95.5

Rainbow Park's overall cost of living index is 95.5, where 100 represents the US national average. Living in Rainbow Park costs roughly 4% less than the average American city.

Metric Rainbow Park, FL National Avg
Median Home Value $129,600 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 92.8% 65.9%
Median Household Income $60,560 $74,755

Crime & Safety

Crime data for Rainbow Park is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Rainbow Park, FL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 15.3% 35.4%
High School Diploma or Higher 78.6% 91.1%

Weather & Climate

Rainbow Park sees average highs of 70.6°F in January and 92.0°F in July, with 54.0 inches of annual precipitation .

MetricRainbow Park, FL
Average High — January70.6°F
Average High — July92.0°F
Annual Precipitation54.0"
Annual SnowfallTrace / None

Demographics

MetricRainbow Park, FLNational Avg
Population2,059—
Median Age41.138.9
Unemployment Rate11.8%3.7%
Avg Commute Time29.0 min26 min
White (non-Hispanic)79.6%59.3%
Black or African American7.5%13.6%
Hispanic or Latino6.8%18.9%
Asian1.7%6.3%
Under 1823.6%22.2%
65 and over24.4%16.8%

Nearby Cities

Ocala Estates, FL 4 mi On Top of the World, FL 6 mi Rainbow Springs, FL 7 mi Dunnellon, FL 8 mi Rainbow Lakes Estates, FL 9 mi

Rainbow Park vs Other Cities

Rainbow Park, FL vs Ocala Estates, FL Rainbow Park, FL vs On Top of the World, FL Rainbow Park, FL vs Rainbow Springs, FL Rainbow Park, FL vs Dunnellon, FL Rainbow Park, FL vs Rainbow Lakes Estates, FL

Frequently Asked Questions

Rainbow Park's cost of living index is 96, where 100 is the national average. That makes Rainbow Park roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $129,600 and median rent is N/A/month.
Crime data for Rainbow Park is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Rainbow Park, FL has a population of 2,059, a median household income of $60,560, and an unemployment rate of 11.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Rainbow Park averages 70.6°F in January and 92.0°F in July. Annual rainfall is 54.0 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Rainbow Park, Florida is 2,059 with a median age of 41.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Rainbow Park: cost of living index 96 (100 = US average), median home $129,600, median household income $60,560. Whether these are benefits or drawbacks depends on where you're coming from — compare Rainbow Park side by side with your current city to see the trade-offs.