Rainbow City—85941
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rainbow City
Rainbow City lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rainbow City
Rainbow City lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rainbow City
Rainbow City lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Rainbow City
As of the latest ACS Survey released in 2023, Rainbow City has a population of 10,300, which has decreased by -7.3% over the past 5 years. Rainbow City is a popular place for families, as children make up 35.5% of the population. The area has a poorly educated workforce, with 7.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | -7.3% |
% Under 18 | 35.5% | 5.3% |
% Seniors | 8.8% | 4.8% |
% WFH | 4.0% | 233.3% |
% w/ College Degree | 7.8% | 47.2% |
As of the latest ACS Survey released in 2023, Rainbow City is a predominantly white area, with 3.8% of the population identifying as white. The white population has grown by 171.4% in the last 5 years. The second most common race or ethnicity in Rainbow City is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.5% of the population in Rainbow City, and this percentage has increased by 150.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.8% | 171.4% |
% Black | 0.3% | 200.0% |
% Hispanic | 1.5% | -37.5% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.5% | 150.0% |
Mortgage and Risk — Rainbow City
Rainbow City lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 0 |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Rainbow City
Rainbow City lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Rainbow City
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $41,600 |