Rainbow Lakes Estates, FL
Population 3,376 · Florida
About Rainbow Lakes Estates, FL
Rainbow Lakes Estates is a small community in Florida with a population of 3,376 residents. The median household income is $50,298 per year, which is near the national average. The median age in Rainbow Lakes Estates is 51.8 years.
Housing in Rainbow Lakes Estates has a median home value of $144,500 and median monthly rent of $766. Of the 1,712 total housing units, the majority are owner-occupied, with 1,203 owner-occupied and 194 renter-occupied units.
The unemployment rate in Rainbow Lakes Estates is 3.7% and the poverty rate is 11.0%. 10.2% of residents hold a bachelor's degree or higher. The average commute time is 36.4 minutes.
How Rainbow Lakes Estates Ranks in Florida
Cost of Living in Rainbow Lakes Estates, FL
Compared to national averages, Rainbow Lakes Estates has a median household income of $50,298 (33% below the national median of $75,149). Home values average $144,500, which is 41% below the national median. Monthly rent at $766 is 34% below the US average of $1,163. Within Florida, Rainbow Lakes Estates's income is 34% below the state average of $75,893, and home values are 59% below the state median of $353,675.
Why Live in Rainbow Lakes Estates, FL?
Rainbow Lakes Estates offers affordable housing with a median home value of $144,500, below the US average of $244,900, and rent that’s lower than the national average at $766/month, and a low poverty rate of 11.0%, better than the national average.
Potential considerations include median household income ($50,298) that falls below the national average. However, Rainbow Lakes Estates’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rainbow Lakes Estates has a population of 3,376 with a median age of 51.8 years. Compare Rainbow Lakes Estates with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Rainbow Lakes Estates
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eagle Lake | 3,382 | $70,208 | $227,700 | Compare |
| Nokomis | 3,391 | $41,333 | $225,100 | Compare |
| Ponce Inlet | 3,392 | $100,313 | $502,100 | Compare |
| Loxahatchee Groves | 3,405 | $113,654 | $583,700 | Compare |
| Big Coppitt Key | 3,333 | $104,306 | $590,700 | Compare |
| Woodlawn Beach | 3,328 | $108,333 | $377,800 | Compare |
| Crystal River | 3,443 | $52,112 | $290,900 | Compare |
| Feather Sound | 3,309 | $100,070 | $408,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Rainbow Lakes Estates
What is the population of Rainbow Lakes Estates, FL?
The population of Rainbow Lakes Estates, FL is 3,376 according to the latest Census data.
What is the median household income in Rainbow Lakes Estates?
The median household income in Rainbow Lakes Estates, FL is $50,298 per year.
What is the median home value in Rainbow Lakes Estates?
The median home value in Rainbow Lakes Estates, FL is $144,500.
What is the average rent in Rainbow Lakes Estates?
The median monthly rent in Rainbow Lakes Estates, FL is $766.
What is the unemployment rate in Rainbow Lakes Estates?
The unemployment rate in Rainbow Lakes Estates, FL is 3.7%.