The median home value in Rainbow City, AL is $214,900. This is higher than the county median home value of $148,900. The national median home value is $338,100. The average price of homes sold in Rainbow City, AL is $214,900. Approximately 48.73% of Rainbow City homes are owned, compared to 34.6% rented, while 16.67% are vacant. Rainbow City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rainbow City real estate agent to arrange a tour today!
Rainbow City, Alabama 35906 has a population of 10,093. Rainbow City 35906 is less family-centric than the surrounding county with 23.47% of the households containing married families with children. The county average for households married with children is 25.66%.
The median household income in Rainbow City, Alabama 35906 is $51,765. The median household income for the surrounding county is $46,984 compared to the national median of $69,021. The median age of people living in Rainbow City 35906 is 36.8 years.
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.