Rainbow City Alabama Real Estate
Rainbow City, Alabama, is located in Etowah County, 55 miles NE of Birmingham, Alabama and 155 miles S of Nashville, Tennessee. Rainbow City has a population of 8,428.
Rainbow City Homes
Rainbow City properties pool is 3,626 residential properties including Rainbow City new homes. Median age of real estate in Rainbow City is 1977. Average Household size is 2.84 people. 0% are one bedroom homes, 16% are 2 bedroom homes, 60% are 3 bedroom homes, 19% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Rainbow City Mortgage Statistics
Rainbow City mortgages vs. USA median statistics
| Homes |
Rainbow City |
USA |
| Homes With No Mortgage |
44% |
30% |
| Homes With Mortgage |
56% |
70% |
| First Mortgage Only |
42% |
54% |
| First & Second Mortgage or HELOC |
14% |
16% |
Rainbow City Area Real Estate Tax
Rainbow City Real estate Tax: Median Real Estate Taxes (2000) were $278 comparing to 1999 Median Family income $ 50,844. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Rainbow City School District: Children make up 23% of Rainbow City population. Rainbow City has 1,937 under 18 years old residents, or 0.47 kids per one worker, or 0.53 kids per one household.
Rainbow City Real Estate & Rainbow City Homeownership
There are 979.02 or 27% one person households, 1305.36 or 36% two person households, and 688.94 or 19% three person households in Rainbow City, Alabama. Median residents age is 39, Senior citizens (65+) make up 1,227 or 14.6%% of Rainbow City population.
There are 4,112 workers (over 16 years of age) in Rainbow City. Of these, 97.93% drive to work. Approximately 0% of workers in Rainbow City take public transportation. An estimated 0.41% walk to work.
Median Rainbow City homeowner's housing expences are 15.1%
Crime in Rainbow City (2003), crimes per 10,000 residents per year
| Type of Crime |
Rainbow City |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
366.64 |
358.8 |
| Burglaries |
40.34 |
74.0 |
| Larceny-Thefts |
315.61 |
241.5 |
| Motor Vehicle Thefts |
10.68 |
43.3 |
Invest in Rainbow City Properties
When making a decision about buying real estate in Rainbow City Alabama area, you should consider following statistical data:
| Category |
Rainbow City |
USA |
| Near Medium City |
Birmingham, Alabama |
- |
| Near Large City |
Nashville, Tennessee |
- |
| Rainbow City Zip Codes |
35901, 35906 |
- |
| Rainbow City Area Codes |
256 |
- |
| White population |
93.09% |
75.1% |
| African-American population |
3.51% |
12.3% |
| Asian |
1.45% |
3.6% |
| American Indian & Alaskan |
0.34% |
0.9% |
| Hispanic (of any race) |
1.45% |
12.5% |
| Median Family Income (1999) |
$ 50,844% |
$42,000 |
| Population Below Poverty Level |
8.58% |
12.4% |
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