What percentage of people rent in Rainbow City, AL?
34.4% (±5.7 points) of the occupied homes in Rainbow City, AL are rented (2020–2024 American Community Survey).
That is 1,420 renting households against 2,711 that own their home.
In Rainbow City, the share of households that rent went from 40.0% in 2015–2019 to 34.4% in 2020–2024 (−5.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 34.4% (±5.7 points)
- Renting households
- 1,420 (±285)
- Median renter income
- $36,228 (±$12,472)
Who rents and who owns in Rainbow City
| Rainbow City | Etowah County | Alabama | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.4% (±5.7 points) | 26.1% (±1.3 points) | 29.8% (±0.3 points) | 34.8% |
| Renting households | 1,420 (±285) | 10,283 (±583) | 595,092 (±6,593) | 45,017,354 |
| Owning households | 2,711 (±265) | 29,128 (±683) | 1,402,155 (±8,895) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.3) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $36,228 (±$12,472) | $33,846 (±$3,197) | $38,294 (±$594) | $52,966 |
| Median owner household income | $66,552 (±$17,239) | $63,075 (±$2,665) | $79,108 (±$602) | $100,009 |
In Rainbow City, the renter share is higher than in Etowah County (26.1%).
It is not measurably different from Alabama (29.8%).
It is not measurably different from the national figure (34.8%).
In Etowah County, Rainbow City ranks 3 of 17 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 159 of 514.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Rainbow City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 40.0% (±5.4 points) | 34.4% (±5.7 points) | −5.6 percentage points | Not a measurable change |
| Median gross rent | $797 (±$53) | $1,048 (±$67) | +31.5% | No measurable change after inflation |
| Median household income | $50,547 (±$5,496) | $56,398 (±$7,155) | +11.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Rainbow City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rainbow City | — | 34.4% (±5.7 points) | — |
| Attalla | 4.5 mi | 27.6% (±7.3 points) | Not measurably different |
| Southside | 4.6 mi | 7.4% (±2.9 points) | Lower |
| Steele | 6.2 mi | 10.5% (±7.5 points) | Lower |
| Gadsden | 6.6 mi | 44.3% (±3.2 points) | Higher |
| Glencoe | 8.7 mi | 18.3% (±5.6 points) | Lower |
| Ridgeville | 8.9 mi | 1.5% (±5.5 points) | Lower |
| Gallant | 9.8 mi | 0.0% (±8.9 points) | Lower |
| Ohatchee | 10 mi | 10.7% (±6.3 points) | Lower |
Nearby places with a measurably lower figure: Southside, AL (7.4%), Steele, AL (10.5%), Glencoe, AL (18.3%).
Nearby places with a measurably higher figure: Gadsden, AL (44.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Etowah County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Gadsden | 44.3% (±3.2 points) |
| 2 | Altoona | 34.6% (±12.5 points) |
| 3 | Rainbow City | 34.4% (±5.7 points) |
| 4 | Attalla | 27.6% (±7.3 points) |
| 5 | Whitesboro | 27.4% (±10.6 points) |
| 6 | Tidmore Bend | 22.0% (±17.2 points) |
| 7 | Carlisle-Rockledge | 21.8% (±9.8 points) |
| 8 | Walnut Grove | 19.3% (±9.4 points) |
| 9 | Glencoe | 18.3% (±5.6 points) |
Showing 9 of 17 places in Etowah County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Rainbow City
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Questions about Rainbow City
How many renters are there in Rainbow City?
Rainbow City has an estimated 1,420 (±285) renting households, 34.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Rainbow City?
In Rainbow City, the share of households that rent went from 40.0% in 2015–2019 to 34.4% in 2020–2024 (−5.6 percentage points), not a measurable change.
How big are renting households in Rainbow City?
A renting household in Rainbow City has 2.0 people on average, against 2.7 in an owned home.
How much do renters earn in Rainbow City?
The median renting household in Rainbow City, AL has an income of $36,228 (±$12,472) a year, against $66,552 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rainbow City city, Alabama
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rainbow City city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Rainbow City city, Alabama (place:63288, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Rainbow City at a glance
- Median rent in Rainbow City
- Rent by bedrooms in Rainbow City
- Rent burden in Rainbow City
- Income and affordability in Rainbow City
- Home values in Rainbow City
- Homeowner costs in Rainbow City
- Property taxes in Rainbow City
- Types of homes in Rainbow City
- Bedrooms in Rainbow City
- Age of homes in Rainbow City
- Vacancy rate in Rainbow City
- Heating fuel in Rainbow City
- Commute and cars in Rainbow City
- Crime reported to police in Rainbow City
- Population growth in Rainbow City
- How long people stay in Rainbow City
- Crowding and facilities in Rainbow City
- Alabama landlord and tenant rules
- Housing across Etowah County
- Alabama places ranked by share of renters
- Housing data for every place in Alabama