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Rainbow Springs, FL
Full City Profile · Florida · Marion County County
Rainbow Springs, FL
At a Glance
How Rainbow Springs Compares to the U.S. Average
Each bar shows Rainbow Springs's value as a percentage of the national average (100% = U.S. avg)
Is Rainbow Springs a Good Place to Live?
Economy & Jobs
Rainbow Springs residents earn a median household income of $49,535 , which is 34% below the national average of $75,149. Per capita income is $32,792. The unemployment rate stands at 0.3% (92% below the U.S. rate of 3.6%). 11.2% of residents live below the poverty line. The area is home to 10,226 business establishments, including 570 restaurants.
Housing & Cost of Living
The median home value in Rainbow Springs is $264,600 , 6% below the national median of $281,900. Zillow estimates the typical home at $267,833. Median rent is $1,118/month, with 51.0% 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 1996.
Safety & Crime
Rainbow Springs 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
22.7% of adults in Rainbow Springs hold a bachelor's degree or higher (33% below the national average). 93.0% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Rainbow Springs has an average annual temperature of 71°F (22°C). Winters average 58°F in January while summers reach 82°F in July. The area gets 314 sunny days per year. Annual precipitation totals 51.6 inches. Air quality is rated Good with a median AQI of 41.