Rainbow Lakes, New Jersey Population 2024

1,098

Rainbow Lakes is a city located in Morris County New Jersey. Rainbow Lakes has a 2024 population of 1,098. Rainbow Lakes is currently declining at a rate of -3.85% annually and its population has decreased by -13.95% since the most recent census, which recorded a population of 1,276 in 2020.

The average household income in Rainbow Lakes is $122,407 with a poverty rate of 3.29%. The median age in Rainbow Lakes is 32.8 years: 32.9 years for males, and 32.8 years for females.

Rainbow Lakes Demographics

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

  • White: 67.48%
  • Asian: 25.11%
  • Other race: 4.38%
  • Two or more races: 1.6%
  • Black or African American: 1.43%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
1.1 sq mi
Density (mi²)
1,001.30/sq mi
Growth Since 2020
-13.95% (-178)
The current population of Rainbow Lakes, New Jersey is 1,098 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,276.

Population by Race

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Race
Population
Percentage (of total)
White80167.48%
Asian29825.11%
Other race524.38%
Two or more races191.6%
Black or African American171.43%
Native American00%
Native Hawaiian or Pacific Islander00%

White

Asian

Other race

Two or more races

Black or African American

Native American

Native Hawaiian or Pacific Islander

Rainbow Lakes Population by Race

Rainbow Lakes Population Pyramid 2024

Rainbow Lakes Median Age

32.8

Total

32.9

Male

32.8

Female

Rainbow Lakes Adults

There are 950 adults, (98 of whom are seniors) in Rainbow Lakes.

Rainbow Lakes Age Dependency

39.3

Age Dependency Ratio

11.5

Old Age Dependency Ratio

27.8

Child Dependency Ratio

Rainbow Lakes Sex Ratio

Female63153.16%
Male55646.84%

Rainbow Lakes Population by Age

Rainbow Lakes Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4782.4866.933.1
Married2153.0583.716.3
Non Family1631.5347.952.1
Male572.6571.928.1
Female433.0548.851.2

2.97

Average Family Size

2.48

Average Household Size

66.9%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Rainbow Lakes Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade475.62%
Associates Degree303.59%
Bachelors Degree34641.39%
Graduate Degree15718.78%
High School Graduate16419.62%
Less Than 9th Grade00%
Some College9211%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Rainbow Lakes Educational Attainment by Sex (over 25)

Rainbow Lakes Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White573539302
Asian189186167
Hispanic554517
Other Race26160
2+ Races191917
Black171717

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

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

Rainbow Lakes Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$82,679$91,250$75,799
Graduate Degree$103,194$0$102,639
High School Graduate$45,093$53,219$31,295
Less Than 9th Grade$0$0$0
Overall$67,721$64,743$68,274
Some College$68,631$77,813$68,452

$67,721

Average Earnings

$64,743

Average Male

$68,274

Average Female

Rainbow Lakes Earnings by Educational Attainment

Rainbow Lakes Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Rainbow Lakes Language

67.73% of Rainbow Lakes residents speak only English, while 32.27% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 17.82% of the population.

Rainbow Lakes Language

Rainbow Lakes Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White789394.94%

3.29%

Overall Poverty Rate

1.44%

Male Poverty Rate

4.91%

Female Poverty Rate

Poverty in Rainbow Lakes

The race most likely to be in poverty in Rainbow Lakes is White, with 4.94% below the poverty level.

The race least likely to be in poverty in Rainbow Lakes is White, with 4.94% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 6.56%, and for those that did not work, the poverty rate was 12.33%.

Rainbow Lakes Poverty

rate

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Rate
Poverty
Some College6.56%
Bachelors or Greater6.16%
Less Than 9th Grade0%
High School0%

Rainbow Lakes Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed60%
Female Employed3.02%
Male Employed0%
Male Unemployed0%

Rainbow Lakes Poverty Rate by Employment Status and Sex

Rainbow Lakes Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$143,875$145,592
Households$102,917$122,407
Married Families$151,116$-999,999,999
Non Families$87,582$77,604

mean

median

Income by Household Type

Rainbow Lakes Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

43.7%

Overall Marriage Rate

48.1%

Male Marriage Rate

39.6%

Female Marriage Rate

Rainbow Lakes Married by Age and Sex

male

female

Rainbow Lakes Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.

Rainbow Lakes Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Rainbow Lakes Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

16

Number of Veterans

16

Male Veterans

0

Female Veterans

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War
Veterans
Second Gulf War0
First Gulf War0
Vietnam0
Korea0
World War II0

Rainbow Lakes Veterans by War

count

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Age Group
Veterans
55 to 6411
75+5
18 to 340
35 to 540
65 to 740

Rainbow Lakes Veterans by Age

count

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Name
Veterans
% of Total
White162.34%

Rainbow Lakes Veterans by Race

Rainbow Lakes Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

31.25%

Veteran Disability Rate

Rainbow Lakes Veterans by Education

LaborForceParticipation

84.5%

Labor Force Participation

80%

Employment Rate

5.4%

Unemployment Rate

Rainbow Lakes Employment by Age

LaborForceParticipation

Rainbow Lakes Employment by Race

LaborForceParticipation

Rainbow Lakes 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

48.86%

Born in Rainbow Lakes

77%

Native Born

23%

Foreign Born

10.95%

Non Citizen

12.05%

Naturalized

Place of Birth

77% of Rainbow Lakes residents were born in the United States, with 48.86% having been born in New Jersey. 10.95% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Rainbow Lakes Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20241,098-44-3.85%
20231,142-45-3.79%
20221,187-149-11.15%
20211,336604.7%
20201,27600%

Rainbow Lakes Population by Year