Rainbow Lakes

County:: Morris County
County Seat:: No
Area (mi²):: 1.097
State:: New Jersey

Rainbow Lakes is a CDP located in Morris County, New Jersey. Rainbow Lakes has a 2025 population of 1,484. Rainbow Lakes is currently growing at a rate of 7.15% annually and its population has increased by 16.3% since the most recent census, which recorded a population of 1,276 in 2020.

The average household income in Rainbow Lakes is $125,822 with a poverty rate of 3.71%.The median age in Rainbow Lakes is 31.7 years: 31.2 years for males, and 32.5 years for females.

Demographics

The racial composition of Rainbow Lakes includes 64.24% White, 23.11% Asian, 4.51% other race, and smaller percentages for Black or African American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	884	64.24%
Asian	318	23.11%
Two or more races	103	7.49%
Other race	62	4.51%
Black or African American	9	0.65%

Rainbow Lakes Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Rainbow Lakes' average per capita income is $72,458. Household income levels show a median of $109,083. The poverty rate stands at 3.71%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$156,771	-
Families	$156,172	$158,192
Households	$109,083	$125,822
Non Families	$81,653	$72,196

$72,458

Average Income

$109,083

Median Household Income

3.71%

Poverty Rate