Rainbow Lakes, NJ

Full City Profile · New Jersey · Morris County County

4.1 /5.0

A Great

1,376 Population 1,251/sq mi density

$109,083 Median Income $49,371 per capita

$531,700 Home Value $1,156,954 Zillow

$2,079 Median Rent 27.2% income on rent

52°F Avg Temperature 275 sunny days/yr

Overall

4.1 / 5.0

Strong

A+

Economy

4.8 / 5.0

$109,083 median income, 3.6% unemployment

B+

Affordability

3.9 / 5.0

$531,700 home value, $2,079/mo rent

C+

Safety

2.5 / 5.0

0 violent crimes/100K

A+

Education

5.0 / 5.0

62.8% bachelor's degree or higher

Change Over Time (2021–2023)

Population Change

+3%

1,336 → 1,376

over 2 years

Annual Pop. Growth

+1.49%

Compound annual growth rate

Median Income Change

+0.9%

$108,125 → $109,083

nominal, not inflation-adjusted

Annual Income Growth

+0.44%

Compound annual growth rate

Population Over Time

Total population for Rainbow Lakes across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2021–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030

1,526

+150 from 2023 (1,376)

Projected Median Income 2030

$112,487

+$3,404 from 2023 ($109,083)

Year-by-Year Detail

Year	Population	YoY %	Median Income	YoY %
2021	1,336	—	$108,125	—
2023	1,376	+3%	$109,083	+0.9%

Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.