The median home value in Rainbow, TX is $215,200. This is lower than the county median home value of $254,100. The national median home value is $219,700. The average price of homes sold in Rainbow, TX is $215,200. Approximately 80.92% of Rainbow homes are owned, compared to 13.97% rented, while 5.12% are vacant. Rainbow 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 real estate agent to arrange a tour today!
Rainbow, Texas has a population of 419. Rainbow is more family-centric than the surrounding county with 46.48% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Rainbow, Texas is $31,042. The median household income for the surrounding county is $52,346 compared to the national median of $57,652. The median age of people living in Rainbow is 56.2 years.
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 35.9 inches per year, with 0.1 inches of snow per year.