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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
C
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
Housing Overview
Median Home Value
$56,400
80% below
US avg: $281,900
Median Rent
$282/mo
76% below
US avg: $1,163/mo
Homeownership Rate
88.6%
35% above US avg (65.4%)
Total Housing Units
266
Ownership vs. Renting
88.6%
Owner-Occupied
11.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $56,400 |
Rent
| Census Median Rent | $282 |
Market
Ownership & Stock
| Owner-Occupied | 88.6% |
| Renter-Occupied | 11.4% |
| Homeownership Rate | 88.6% |
| Total Housing Units | 266 |