Living in Rainbow, California
Cost of living, income, home prices, rent and demographics of Rainbow · Census data 2020–2024
Rainbow has 2,029 residents with a median age of 43.7. The median household income is $104,338 (5% higher than the California median), the median home value is $841,100, the median rent is $2,085/month.
Rainbow at a glance
- Population
- 2,029
- Median age
- 43.7State: 37.9
- Median household income
- $104,338State: $99,122
- Median home value
- $841,100State: $734,700
- Median rent
- $2,085/moState: $2,036
- Homeowners
- 85%
- Bachelor's degree or higher
- 34.1%
- Average commute
- 33 min
Is Rainbow a good place to live?
Pros: Median household income 5% higher than the California median; a poverty rate of 7.7%.
Cons: Home values 14% higher than the state median; an average commute of 33 minutes; unemployment of 6.9%.
The weather is best in April to June and November.
Cost of living in Rainbow
Housing is the biggest part of the cost of living. In Rainbow the median home value is $841,100, 153% higher than the U.S. median. Renters pay a median of $2,085 per month, which is 34.9% of household income. Homeowners with a mortgage pay $3,685 a month in housing costs.
Rainbow median household income
The median household income in Rainbow is $104,338 and the income per person is $49,985. 7.7% of residents live below the poverty line (California: 12%).
Housing in Rainbow: homes for sale and rent
- Housing units
- 757
- Owner-occupied
- 85%
- Renter-occupied
- 15%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.93
Rainbow demographics
- Population
- 2,029
- Median age
- 43.7
- Under 18
- 21.1%
- 65 and older
- 22.7%
- Households
- 681
- Foreign-born
- 24.8%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Rainbow ›
Education in Rainbow
34.1% of adults 25 and older in Rainbow have a bachelor's degree or higher (California: 37.1%), and 8.7% have a graduate or professional degree.
Jobs and commute in Rainbow
- Unemployment rate
- 6.9%State: 6.6%
- Average commute
- 33 minState: 29 min
- Work from home
- 10.1%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 87.7%
Rainbow vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rainbow | 2,029 | $104,338 | $841,100 | $2,085 |
| Fallbrook | 32,112 | $96,394 | $784,100 | $1,786 |
| Pala | 914 | $106,250 | $305,600 | $1,263 |
| Temecula | 111,167 | $121,063 | $679,700 | $2,347 |
| Bonsall | 4,332 | $113,537 | $958,700 | $2,336 |
| Murrieta | 112,064 | $114,081 | $639,800 | $2,388 |
| Hidden Meadows | 3,524 | $123,125 | $851,100 | $2,736 |
| Camp Pendleton Mainside | 9,501 | $61,575 | — | $3,501 |
| French Valley | 45,269 | $148,520 | $679,800 | $3,119 |
More for people moving to Rainbow
Rainbow ZIP code ›Weather and climate ›Living in Rainbow: FAQ
What is the median household income in Rainbow, CA?
The median household income in Rainbow is $104,338, 5% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Rainbow?
The median home value in Rainbow is $841,100, compared with $734,700 in California.
How much is rent in Rainbow?
The median gross rent in Rainbow is $2,085 per month, about 34.9% of household income.
Is Rainbow, CA a good place to live?
Pluses: median household income 5% higher than the California median; a poverty rate of 7.7%. Minuses: home values 14% higher than the state median; an average commute of 33 minutes; unemployment of 6.9%.
What is the median age in Rainbow?
The median age in Rainbow is 43.7 years (California: 37.9).
How long is the commute in Rainbow?
The average commute to work in Rainbow is 33 minutes; 10.1% of workers work from home.
What is the unemployment rate in Rainbow?
The unemployment rate in Rainbow is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rainbow?
34.1% of adults in Rainbow have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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