Rainbow City is a city in Alabama state in USA with a population of 9601 residents.. The poverty rate of Rainbow City is 12.1%, which is 14% lower than national average. The typical household in Rainbow City earns $48644 a year, compared to the national median of $67,500. Nearly 51.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Rainbow City, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rainbow City remained 8.3%, which is 77% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rainbow City, only 28% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Rainbow City is 89, which is 11% lower than national average. Median home value in Rainbow City is $163000 , which is 29% lower than national average. While median income in Rainbow City remained $48644, which is 28% lower than national average.