Rainbow Park, FL
Population 2,070 · Florida
About Rainbow Park, FL
Rainbow Park is a small community in Florida with a population of 2,070 residents. The median household income is $52,685 per year, which is near the national average. The median age in Rainbow Park is 35.7 years.
Housing in Rainbow Park has a median home value of $165,400 and median monthly rent of $0. Of the 652 total housing units, the majority are owner-occupied, with 623 owner-occupied and 29 renter-occupied units.
The unemployment rate in Rainbow Park is 13.4% and the poverty rate is 44.7%. 13.9% of residents hold a bachelor's degree or higher. The average commute time is 25.6 minutes.
Cost of Living in Rainbow Park, FL
Compared to national averages, Rainbow Park has a median household income of $52,685 (30% below the national median of $75,149). Home values average $165,400, which is 32% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Rainbow Park's income is 31% below the state average of $75,893, and home values are 53% below the state median of $353,675.
Why Live in Rainbow Park, FL?
Rainbow Park offers affordable housing with a median home value of $165,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($52,685) that falls below the national average. However, Rainbow Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rainbow Park has a population of 2,070 with a median age of 35.7 years. Compare Rainbow Park with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Rainbow Park
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Homosassa | 2,072 | $60,889 | $327,900 | Compare |
| Chiefland | 2,078 | $55,125 | $150,600 | Compare |
| Roseland | 2,080 | $68,551 | $287,200 | Compare |
| Redington Shores | 2,057 | $101,518 | $715,400 | Compare |
| Trenton | 2,085 | $48,109 | $161,600 | Compare |
| Bear Creek | 2,091 | $66,780 | $436,300 | Compare |
| Grove City | 2,049 | $51,332 | $269,700 | Compare |
| Tangelo Park | 2,103 | $65,761 | $239,300 | 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 Park
What is the population of Rainbow Park, FL?
The population of Rainbow Park, FL is 2,070 according to the latest Census data.
What is the median household income in Rainbow Park?
The median household income in Rainbow Park, FL is $52,685 per year.
What is the median home value in Rainbow Park?
The median home value in Rainbow Park, FL is $165,400.
What is the average rent in Rainbow Park?
The median monthly rent in Rainbow Park, FL is $0.
What is the unemployment rate in Rainbow Park?
The unemployment rate in Rainbow Park, FL is 13.4%.