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Rainbow Lakes Estates, FL
Full City Profile · Florida · Levy County County
Rainbow Lakes Estates, FL
At a Glance
How Rainbow Lakes Estates Compares to the U.S. Average
Each bar shows Rainbow Lakes Estates's value as a percentage of the national average (100% = U.S. avg)
Is Rainbow Lakes Estates a Good Place to Live?
Economy & Jobs
Rainbow Lakes Estates residents earn a median household income of $50,298 , which is 33% below the national average of $75,149. Per capita income is $24,334. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 9.1% of residents live below the poverty line. The area is home to 1,134 business establishments, including 92 restaurants.
Housing & Cost of Living
The median home value in Rainbow Lakes Estates is $144,500 , 49% below the national median of $281,900. Zillow estimates the typical home at $267,833. Median rent is $766/month, with 19.2% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1984.
Safety & Crime
Rainbow Lakes Estates reports 511 violent crimes per 100,000 residents , which is 34% above the national average of 380/100K. Property crime is 3,348/100K.
Education
10.2% of adults in Rainbow Lakes Estates hold a bachelor's degree or higher (70% below the national average). 80.6% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Rainbow Lakes Estates has an average annual temperature of 69°F (21°C). Winters average 55°F in January while summers reach 81°F in July. The area gets 314 sunny days per year. Annual precipitation totals 57.1 inches. Air quality is rated Good with a median AQI of 41.