Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 61.4 yrs |
|---|---|
| Avg HH Size | 1.65 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 73.6% ▲ 90% above avg |
| Unemployment | 5.6% ▲ 14% above avg |
| HS Graduate | 27 (17%) |
| Some College | 3 (1.9%) |
| Associates | 12 (7.5%) |
| Bachelors | 4 (2.5%) |
| Graduate Degree | 113 (71.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,417 ▼ 8% below avg |
|---|---|
| Median Home Value | $291,700 ≈ Avg |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Total Housing Units | 264 |
| Vacant Units | 145 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Rainbow Lake is a city in New York, located in Franklin County. The city spans 1 ZIP code and is home to approximately 196 residents. It is an older city, with a median age of 61.4 years.
Economically, Rainbow Lake is a solidly middle-class community. The median household income of $70,417 is near the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 5.6%, near the national average.
The real estate market in Rainbow Lake is a mid-range housing market. Median home values stand at $291,700, which is near the national average. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.
The population of Rainbow Lake is highly educated. 73.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (93.88%).
Rainbow Lake, NY offers residents a cost-conscious lifestyle within New York.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 12976 | 196 | $70,417 | $291,700 | — | 5.6% | 73.6% | 79.8% |