Rainbow City, Alabama 

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Population

9,580

25% Growth

Unemployment Rate

6.5%

Median Income

$46,548

Avg. Home Price

$139,200

Best Places to Live in Rainbow City, Alabama

Small industrial town - Northeast Alabama, between Birmingham and Chattanooga, Tennessee
Pros
-Cost of living
-Attractive setting
-Nearby water recreation
Cons
-Economy and jobs
-Entertainment
-Low educational attainment

Find your Best Mortgage in Rainbow City: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Gadsden Metro Area

Gadsden is historically one of the state’s largest industrial centers, producing steel, rubber, fabricated metal and electronic equipment in an almost early 20th century company-town environment. The steel and rubber factories, led by Goodyear and Republic Steel, mostly went away in the 1980’s, leaving a fairly gritty and impoverished industrial landscape. The city worked hard through the 1990’s to reverse the tide with redevelopment investments with some success, but today Gadsden is still a mixed bag with unemployment, crime and education issues.


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Alabama
County: Etowah County
Metro Area: Gadsden Metro Area
City: Rainbow City
Zip Codes: 35906
Time zone: Central Standard Time (CST)
Elevation: 624 ft above sea level

Highlights

ECONOMY
The unemployment rate in Rainbow City is 6.5% (U.S. avg. is 5.2%). Recent job growth is Negative. Rainbow City jobs have decreased by 0.20%. Learn More...
COST OF LIVING
Compared to the rest of the country, Rainbow City's cost of living is 11.70% lower than the U.S. average. Learn More... or Compare Rainbow City's Cost of Living
POPULATION
Rainbow City's population is 9,580 people. Since 2000, it has had a population growth of 24.85%. Learn More...
TRANSPORTATION
Average Commute time is 29 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Rainbow City is $139,200. Home appreciation the last 10 years has been 3.71%. Check out the homes in the area.
SCHOOLS
Rainbow City public schools spend $8,139 per student. The average school expenditure in the U.S. is $12,383. There are about 14.8 students per teacher in Rainbow City. Learn More...

Best Places to Live in Rainbow City Rankings


Housing Market in Rainbow City

It's a good time to buy in Rainbow City. Home Appreciation is up 1.5% in the last 12 months. Browse Rainbow City Real Estate.

The median home price in Rainbow City is $139,200. Browse Homes in this Range.


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COMPARE CITY TO CITY
Compare Rainbow City, Alabama to any other place in the USA.

MORTGAGE RATES IN RAINBOW CITY
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF RAINBOW CITY, ALABAMA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Rainbow_City,Alabama Map
ZIP CODES IN RAINBOW CITY, ALABAMA
35906