About Rainbow City, Alabama
Rainbow City, a city located in the state of Alabama (AL), is home to a population of approximately 10,184 people. Rainbow City boasts a median age of 41, with around 24.1% of its residents aged 60 or above. 7% of the population identifies as US Veterans. 17.7% of Rainbow City residents are disabled. The city has an average household income of $60,260, while the unemployment rate stands at 8.3%, and around 8.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Rainbow City is $192,799, with a monthly rent averaging $959.