Rainbow, Australia

Full City Profile

3.7 /5.0

B+ Good

664 Population 72/sq mi density

279 ft Elevation 85 meters

60°F Avg Temperature 16°C

B+

Overall

3.7 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

2.3 / 5.0

$21,125 median income, 7.4% unemployment

A+

Affordability

5.0 / 5.0

$56,400 home value, $282/mo rent

Rainbow, Australia

At a Glance

Median Income

$21,125

72% below

$21,125 per capita

Home Value

$56,400

80% below

Median Rent

$282/mo

76% below

Unemployment

7.4%

106% above

Avg Temperature

60°F

309 sunny days/yr

Is Rainbow a Good Place to Live?

B+

3.7 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Rainbow residents earn a median household income of $21,125 , which is 72% below the national average of $75,149. Per capita income is $21,125. The unemployment rate stands at 7.4% (106% above the U.S. rate of 3.6%). The area is home to 63 business establishments.

Housing & Cost of Living

The median home value in Rainbow is $56,400 , 80% below the national median of $281,900. Median rent is $282/month.

Climate & Weather

Rainbow has an average annual temperature of 60°F (16°C). Winters average 72°F in January while summers reach 48°F in July. The area gets 309 sunny days per year. Annual precipitation totals 14.8 inches.

Data Overview

People

Population664

Median Age56.0 yrs

Density72/mi²

Foreign Born7.7%

Economy

Median Income$21,125

Per Capita$21,125

Unemployment7.4%

Poverty

Avg Weekly Wage$406

Housing

A+

Home Value$56,400

Rent$282

Ownership88.6%

Housing Units266

Climate

Avg Temp60°F

Sunny Days309/yr

Rain14.8 in/yr

Elevation279 ft