What is the median household income in Rainbow Park, FL?
The median household income in Rainbow Park, FL is $66,550 (±$17,050) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,443 a month would take about $57,700 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $66,550 (±$17,050)
- Income to afford median rent
- about $57,700
Income in Rainbow Park against Marion County, its state and the nation
| Rainbow Park | Marion County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $66,550 (±$17,050) | $61,010 (±$1,361) | $74,568 (±$284) | $80,734 |
| Median renter household income | — | $47,492 (±$2,700) | $53,617 (±$353) | $52,966 |
| Median owner household income | $69,931 (±$21,229) | $65,212 (±$1,593) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,443 (±$259) | $1,277 (±$42) | $1,669 (±$5) | $1,413 |
In Rainbow Park, median household income is not measurably different from Marion County ($61,010).
It is not measurably different from Florida ($74,568).
It is not measurably different from the national figure ($80,734).
In Marion County, Rainbow Park ranks 2 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 495 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Rainbow Park
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,443 a month ($17,316 a year) needs an income of about $57,700 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Rainbow Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Rainbow Park | — | $66,550 (±$17,050) | — |
| On Top of the World | 6.2 mi | $60,670 (±$5,759) | Not measurably different |
| Rainbow Springs | 6.7 mi | $57,161 (±$8,424) | Not measurably different |
| Dunnellon | 8.2 mi | $40,545 (±$9,930) | Lower |
| Rainbow Lakes Estates | 8.8 mi | $50,429 (±$15,927) | Not measurably different |
| Liberty Triangle | 11 mi | $64,943 (±$7,214) | Not measurably different |
| Ocala | 13 mi | $56,376 (±$3,924) | Not measurably different |
| Citrus Springs | 13 mi | $68,011 (±$12,826) | Not measurably different |
| Hernando | 15 mi | $43,076 (±$8,638) | Lower |
Nearby places with a measurably lower figure: Dunnellon, FL ($40,545), Hernando, FL ($43,076).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Marion County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Marion Oaks | $72,392 (±$5,173) |
| 2 | Rainbow Park | $66,550 (±$17,050) |
| 3 | Liberty Triangle | $64,943 (±$7,214) |
| 4 | Silver Springs Shores | $63,611 (±$4,919) |
| 5 | McIntosh | $62,300 (±$14,403) |
| 6 | On Top of the World | $60,670 (±$5,759) |
| 7 | Silver Springs Shores East | $59,861 (±$26,008) |
| 8 | Belleview | $57,813 (±$12,197) |
Showing 8 of 15 places in Marion County, ranked from highest to lowest.
Rainbow Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Rainbow Park
What is the median household income in Rainbow Park?
The median household income in Rainbow Park is $66,550 (±$17,050) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Rainbow Park?
About $57,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,443 a month.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Rainbow Park CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rainbow Park CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rainbow Park CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rainbow Park CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rainbow Park CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rainbow Park CDP, Florida
- 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 Park CDP, Florida (place:59466, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Park at a glance
- Median rent in Rainbow Park
- Home values in Rainbow Park
- Homeowner costs in Rainbow Park
- Property taxes in Rainbow Park
- Types of homes in Rainbow Park
- Heating fuel in Rainbow Park
- Commute and cars in Rainbow Park
- How long people stay in Rainbow Park
- Florida landlord and tenant rules
- Housing across Marion County
- Florida places ranked by median household income
- Housing data for every place in Florida