Rainbow Lakes Estates, Florida Population 2024

2,651

Rainbow Lakes Estates is a city located in Levy County and Marion County Florida. Rainbow Lakes Estates has a 2024 population of 2,651. Rainbow Lakes Estates is currently declining at a rate of -7.92% annually and its population has decreased by -25.64% since the most recent census, which recorded a population of 3,565 in 2020.

The average household income in Rainbow Lakes Estates is $54,440 with a poverty rate of 9.85%. The median age in Rainbow Lakes Estates is 51 years: 55.1 years for males, and 47.8 years for females.

Rainbow Lakes Estates Demographics

According to the most recent ACS, the racial composition of Rainbow Lakes Estates was:

  • White: 81.95%
  • Two or more races: 9.17%
  • Black or African American: 4.73%
  • Other race: 2.77%
  • Asian: 1.35%
  • Native American: 0.03%
  • Native Hawaiian or Pacific Islander: 0%
State
Florida
Land Area (mi²)
15.8 sq mi
Density (mi²)
167.40/sq mi
Growth Since 2020
-25.64% (-914)
The current population of Rainbow Lakes Estates, Florida is 2,651 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 3,565.

Population by Race

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Race
Population
Percentage (of total)
White2,54781.95%
Two or more races2859.17%
Black or African American1474.73%
Other race862.77%
Asian421.35%
Native American10.03%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Black or African American

Other race

Asian

Native American

Native Hawaiian or Pacific Islander

Rainbow Lakes Estates Population by Race

Rainbow Lakes Estates Population Pyramid 2024

Rainbow Lakes Estates Median Age

51

Total

55.1

Male

47.8

Female

Rainbow Lakes Estates Adults

There are 2,528 adults, (1,066 of whom are seniors) in Rainbow Lakes Estates.

Rainbow Lakes Estates Age Dependency

112.6

Age Dependency Ratio

72.9

Old Age Dependency Ratio

39.7

Child Dependency Ratio

Rainbow Lakes Estates Sex Ratio

Female1,57850.77%
Male1,53049.23%

Rainbow Lakes Estates Population by Age

Rainbow Lakes Estates Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,3482.384.615.4
Married7132.795.44.6
Non Family4801.326931
Male1183.191000
Female374.6532.467.6

2.77

Average Family Size

2.3

Average Household Size

84.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Rainbow Lakes Estates Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade35214.62%
Associates Degree2259.35%
Bachelors Degree1526.31%
Graduate Degree582.41%
High School Graduate1,09145.33%
Less Than 9th Grade582.41%
Some College47119.57%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Rainbow Lakes Estates Educational Attainment by Sex (over 25)

Rainbow Lakes Estates Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White2,0841,687146
Black1471470
Hispanic969322
Other Race83700
Asian424242
2+ Races28280
Native American110

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 100%.

Rainbow Lakes Estates Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$0$0$0
Graduate Degree$0$0$0
High School Graduate$32,681$36,305$0
Less Than 9th Grade$0$0$0
Overall$36,783$36,507$45,063
Some College$51,190$0$52,628

$36,783

Average Earnings

$36,507

Average Male

$45,063

Average Female

Rainbow Lakes Estates Earnings by Educational Attainment

Rainbow Lakes Estates Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Rainbow Lakes Estates Language

95.63% of Rainbow Lakes Estates residents speak only English, while 4.37% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2% of the population.

Rainbow Lakes Estates Language

Rainbow Lakes Estates Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,52525310.02%
Black1473020.41%
Hispanic234239.83%
Native11100%

9.85%

Overall Poverty Rate

8.37%

Male Poverty Rate

11.28%

Female Poverty Rate

Poverty in Rainbow Lakes Estates

The race most likely to be in poverty in Rainbow Lakes Estates is Native, with 100% below the poverty level.

The race least likely to be in poverty in Rainbow Lakes Estates is Hispanic, with 9.83% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.5%. Among those working part-time, it was 14.01%, and for those that did not work, the poverty rate was 17.95%.

Rainbow Lakes Estates Poverty

rate

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Rate
Poverty
Some College15.37%
High School14.12%
Bachelors or Greater12.86%
Less Than 9th Grade2.93%

Rainbow Lakes Estates Poverty Rate by Education

rate

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Rate
Poverty
Male Employed5.13%
Female Employed4.43%
Male Unemployed0%
Female Unemployed0%

Rainbow Lakes Estates Poverty Rate by Employment Status and Sex

Rainbow Lakes Estates Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$57,000$52,271
Households$50,833$54,440
Married Families$42,917$-999,999,999
Non Families$45,880$57,637

mean

median

Income by Household Type

Rainbow Lakes Estates Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

57.8%

Overall Marriage Rate

59.9%

Male Marriage Rate

55.7%

Female Marriage Rate

Rainbow Lakes Estates Married by Age and Sex

male

female

Rainbow Lakes Estates Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 55-64.

Rainbow Lakes Estates Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Rainbow Lakes Estates Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

379

Number of Veterans

379

Male Veterans

0

Female Veterans

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War
Veterans
Vietnam249
Second Gulf War24
Korea11
First Gulf War0
World War II0

Rainbow Lakes Estates Veterans by War

count

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Age Group
Veterans
65 to 74229
55 to 6478
75+48
18 to 3424
35 to 540

Rainbow Lakes Estates Veterans by Age

count

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Name
Veterans
% of Total
White34916.19%
Black3020.41%

Rainbow Lakes Estates Veterans by Race

Rainbow Lakes Estates Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

16.89%

Veteran Poverty Rate

17.94%

Veteran Disability Rate

Rainbow Lakes Estates Veterans by Education

LaborForceParticipation

49.8%

Labor Force Participation

48%

Employment Rate

3.6%

Unemployment Rate

Rainbow Lakes Estates Employment by Age

LaborForceParticipation

Rainbow Lakes Estates Employment by Race

LaborForceParticipation

Rainbow Lakes Estates Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

35.52%

Born in Rainbow Lakes Estates

98.33%

Native Born

1.67%

Foreign Born

0%

Non Citizen

1.67%

Naturalized

Place of Birth

98.33% of Rainbow Lakes Estates residents were born in the United States, with 35.52% having been born in Florida. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Rainbow Lakes Estates Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20242,651-228-7.92%
20232,879-229-7.37%
20223,108-298-8.75%
20213,406-159-4.46%
20203,56500%

Rainbow Lakes Estates Population by Year