Rainbow City, AL 35906 has a population of approximately 9,989 and experiences a population change rate of 13.01%. The population density is 283 / sq mi .
Rainbow City, AL 35906 has a population of approximately 9,989 and experiences a population change rate of 13.01%. The population density is 283 / sq mi .
The median household income for Rainbow City, AL 35906 is $51,975, with 3,882 households and an average household size of 2.65.
The median value of a home in Rainbow City, AL 35906 is $218,900 with an appreciation rate of 17.90%. 49.16% of housing in the state is owned while 33.63% is rented.
The cost of living in Rainbow City, AL 35906 is 93.5 %.
The unemployment rate in Rainbow City, AL 35906 is 1.90%, and recent job growth is at 0.48%. Future job growth is projected at 28.71%.
The sales tax rate in Rainbow City, AL 35906 is 10.00%, while the income tax rate is 5.00% .
School expenditures in Rainbow City, AL 35906 are $10,618, and the school ratio is 17.9:1.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 30.1 degrees. The average rainfall is approximately 52.3 inches per year, with 0.1 inches of snow per year.