The median home value in Rainbow City, AL is $225,000. This is higher than the county median home value of $99,100. The national median home value is $219,700. The average price of homes sold in Rainbow City, AL is $225,000. Approximately 53.42% of Rainbow City homes are owned, compared to 32.89% rented, while 13.69% 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 has a population of 9,560. Rainbow City is more family-centric than the surrounding county with 31.67% of the households containing married families with children. The county average for households married with children is 26.41%.
The median household income in Rainbow City, Alabama is $49,158. The median household income for the surrounding county is $42,064 compared to the national median of $57,652. The median age of people living in Rainbow City is 39.5 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 53.4 inches per year, with 0.1 inches of snow per year.