Income & Economy in Rainbow Lakes Estates, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$50,298

-31% vs national

Per Capita Income

$24,334

-35% vs national

Poverty Rate

11.0%

-19% vs national

Gini Index

0.3586

0 = perfect equality

Unemployment

3.7%

-29% vs national

SNAP Recipients

15.2%

of households

How Rainbow Lakes Estates Compares

Source: Census ACS (2023)

Rainbow Lakes Estates vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Rainbow Lakes Estates is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Rainbow Lakes Estates. The median household income here is $50,298.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
28.3%
$25-50K
21.2%
$50-75K
35.4%
$75-100K
7.9%
$100-150K
3.4%
$150-200K
1.4%
$200K+
2.5%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.7%

-25% vs FL avg

Labor Force

1,218

Employed

1,173

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

7.6%

of adults 25+

High School Diploma+

33.6%

of adults 25+

Median Age

51.8

Work from Home

7.5%

of workers

The median household income in Rainbow Lakes Estates, FL is $50,298, which is 31.3% below the national average of $73,224. Per capita income is $24,334. The poverty rate of 11.0% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.3586, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.7%, compared to the state average of 4.9%. 7.6% of adults hold a bachelor's degree or higher.