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Rainbow Park, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Rainbow Park, Florida had a total population of 2,056, the 675th largest community in Florida, with a median household income of $66,550, which is 11% lower than the state average. The poverty rate is 12.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Rainbow Park Quick Facts

Population 2,056
Median Household Income $66,550
Median Home Value $197,600
Poverty Rate 12.9%
Unemployment Rate 4.2%
Median Age 41.4 years
Homeownership Rate 81.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 10.6%
High School Graduation Rate 84.8%
Diversity Index 59/100
Population 2,056 675th of 955
Median Income $66,550 average
Poverty Rate 12.9% 4% higher than national
Median Home Value $197,600 bottom 20%

How Rainbow Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,0702,056-0.7%
Median household income$52,685$66,550+26.3%
Median home value$165,400$197,600+19.5%

How Rainbow Park Compares

Economy & Housing

Household Income Distribution

Under $25K 2.8%
$25K-$50K 30.7%
$50K-$100K 43.7%
$100K+ 22.7%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
2.8%
$20K-$25K
0.0%
$25K-$30K
18.5%
$30K-$35K
3.1%
$35K-$40K
1.1%
$40K-$45K
2.6%
$45K-$50K
5.4%
$50K-$60K
8.8%
$60K-$75K
15.4%
$75K-$100K
19.5%
$100K-$125K
5.8%
$125K-$150K
9.9%
$150K-$200K
5.4%
$200K+
1.6%

Employment

4.2% Unemployment Rate State: 4.8%|National: 5.2%
65.2% Labor Force Participation

Housing Overview

Owner 81.9%
Renter 18.1%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,443/mo 26.0% of median household income annually

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Rainbow Park Rankings in Florida

#675 Population of 955
#535 Median Income of 911
#841 Education of 955
#734 Home Value of 901

Other Cities in Marion County

CityPopulationMedian IncomePovertyHome Value
The Villages 83,498 $77,622 4.7% $400,100
Ocala 66,584 $56,376 21.1% $241,400
Silver Springs Shores 28,537 $63,611 14.2% $201,300
Liberty Triangle 24,888 $64,943 8.6% $275,500
Marion Oaks 23,972 $72,392 10.2% $257,700
On Top of the World 16,007 $60,670 7.0% $303,900
Rainbow Springs 6,082 $57,161 9.3% $310,600
Belleview 5,805 $57,813 16.8% $210,200
Rainbow Lakes Estates 3,762 $50,429 11.9% $160,400
Silver Springs 2,712 $32,074 29.8% $30,800

Cities Similar to Rainbow Park

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Havana2,031$60,799$216,30027.5%22.1%
Bear Creek2,179$66,923$373,10052.1%16.2%
Roseland2,142$63,929$330,50012.7%7.2%
Belleair Bluffs2,070$58,953$415,90035.8%9.5%
Lake Mack-Forest Hills2,200N/A$138,8009.9%20.4%

Population Overview

Rainbow Park is a small community located in Florida, within Marion County. The total population is 2,056. It ranks as the 675th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Rainbow Park is 41.4 years. This is 3% lower than the state median of 42.6 years. With 28.6% of the population under 18, Rainbow Park has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Rainbow Park is $66,550. This is 11% lower than the state median of $74,568. It is also 18% lower than the national median of $80,734. The poverty rate stands at 12.9%. This is 3% higher than the state poverty rate of 12.6%. The unemployment rate is 4.2%. This is 12% lower than the state rate of 4.8%. The median home value is $197,600. Housing costs are 45% lower than the state median of $359,000. The home-value-to-income ratio is 3.0x. 81.9% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Rainbow Park is White (non-Hispanic), making up 56.5% of the population. Hispanic or Latino residents account for 28.4%. The Black or African American population (4.9%) is well below the state average of 14.6%.

Education

10.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 69% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.8%.

Data Sources & Methodology

All demographic data for Rainbow Park, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Rainbow Park, Florida?

Rainbow Park, Florida has a population of 2,056 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rainbow Park, FL?

The median household income in Rainbow Park is $66,550, which is 18% lower than the national median of $80,734.

What is the poverty rate in Rainbow Park, FL?

The poverty rate in Rainbow Park is 12.9%. This means approximately 265 residents live below the federal poverty line.

What is the racial makeup of Rainbow Park, Florida?

Rainbow Park's population is 56.5% White, 4.9% Black, 28.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Rainbow Park, FL?

The median home value in Rainbow Park is $197,600. The home-value-to-income ratio is 3.0x.

How educated is Rainbow Park, Florida?

10.6% of adults (25+) in Rainbow Park hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.