Rainbow Flat, Australia

Full City Profile

1.9 /5.0

D Poor

666 Population 0/sq mi density

118 ft Elevation 36 meters

65°F Avg Temperature 18°C

Overall

1.9 / 5.0

Below average overall score based on economy, affordability, safety and education

C+

Economy

2.7 / 5.0

$20,550 median income, 4.7% unemployment

Affordability

1.0 / 5.0

$225,400 home value, $1,127/mo rent

Rainbow Flat, Australia

At a Glance

Median Income

$20,550

73% below

$20,550 per capita

Home Value

$225,400

20% below

Median Rent

$1,127/mo

3% below

Unemployment

4.7%

31% above

Avg Temperature

65°F

345 sunny days/yr

Is Rainbow Flat a Good Place to Live?

1.9 / 5.0 — Poor

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

Economy & Jobs

Rainbow Flat residents earn a median household income of $20,550 , which is 73% below the national average of $75,149. Per capita income is $20,550. The unemployment rate stands at 4.7% (31% 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 Flat is $225,400 , 20% below the national median of $281,900. Median rent is $1,127/month.

Climate & Weather

Rainbow Flat has an average annual temperature of 65°F (18°C). Winters average 72°F in January while summers reach 56°F in July. The area gets 345 sunny days per year. Annual precipitation totals 28.9 inches.

Data Overview

People

Population666

Median Age51.0 yrs

Density0/mi²

Foreign Born11.5%

Economy

C+

Median Income$20,550

Per Capita$20,550

Unemployment4.7%

Poverty

Avg Weekly Wage$395

Housing

Home Value$225,400

Rent$1,127

Ownership92.5%

Housing Units266

Climate

Avg Temp65°F

Sunny Days345/yr

Rain28.9 in/yr

Elevation118 ft

Did You Know?

11.5% of residents are foreign-born.