The Town FilesRainbow Park, Florida
Community in Marion County · population 1,672 (2020 Census)
- Median home
- $197,600
- Household income
- $66,550
- Jan low / Jul high
- 46° / 92°
- Tornadoes ≤10 mi since 1950
- 16
- Median age
- 41.4
Rainbow Park is a community of 1,672 people in Marion County, Florida. The median home is worth $197,600, below the typical Florida town ($331,600). It ranks easier by car than 87% of Florida towns, better for first-time buyers than 86% of Florida towns, quieter than 81% of Florida towns.
How Rainbow Park ranks
Percentile among Florida towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Florida towns.
Homes and cost of living
The median home in Rainbow Park is worth $197,600, below the typical Florida town ($331,600). Homes cost about 3.0 times the median household income of $66,550, which is more affordable than 91% of Florida towns. Median rent is $1,443 a month. 81.9% of households own their home.
| Housing | Rainbow Park | Typical Florida town |
|---|---|---|
| Median home value | $197,600 | $331,600 |
| Median rent | $1,443 | $1,569 |
| Median household income | $66,550 | $71,140 |
| Home value ÷ income | 3.0× | 4.5× |
| Homeownership | 81.9% | 73.5% |
| Median year built | 2004 | 1985 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Rainbow Park
| People | Rainbow Park | Typical Florida town |
|---|---|---|
| Median age | 41.4 | 42.8 |
| Age 65 and over | 17.9% | 20.2% |
| Under 18 | 28.6% | — |
| Bachelor's degree or higher | 10.6% | 28.8% |
| Below the poverty line | 12.9% | 11.3% |
| Veterans | 9.5% | — |
| Born outside the U.S. | 14.2% | — |
| Work from home | 8.7% | 13.5% |
| Average commute | 29.1 min | 27.5 min |
| Homes with broadband | 94.6% | 92.4% |
Weather in Rainbow Park
July highs average 92.0°F and January lows 45.6°F. About 51.6 inches of rain and melted snow fall a year. Expect about 110 days a year at 90°F or hotter and 8 nights at or below freezing.
Tornadoes, storms and disasters
16 tornadoes have passed within 10 miles of Rainbow Park since 1950, compared with 35 for the typical Florida town. 3 rated (E)F2 or stronger. The strongest, an F2, struck on April 9, 1983 about 8.1 miles from the town center. The most recent was on March 12, 2022.
Hail of 1 inch or larger has been reported within 10 miles 22 times; the largest was 1.75 inches on May 28, 2006.
Severe weather in Marion County since 1996
Marion County has been included in 38 federal disaster or emergency declarations since 1953, most often for fire, tornado, freezing.
| Declared | Incident | Declaration |
|---|---|---|
| October 11, 2024 | Hurricane | DR-4834: Hurricane Milton |
| October 7, 2024 | Hurricane | EM-3622: Hurricane Milton |
| September 28, 2024 | Hurricane | DR-4828: Hurricane Helene |
| September 24, 2024 | Tropical Storm | EM-3615: Tropical Storm Helene |
| August 10, 2024 | Tropical Storm | DR-4806: Hurricane Debby |
Jobs and pay in Marion County
Marion County had 119,528 jobs in 2024, paying an average of $52,526 a year. Unemployment was 3.6% in 2023; in Rainbow Park itself the ACS puts it at 4.2%.
Towns near Rainbow Park
- Ocala Estates, FL4.1 mi · 2,991 people · home $152,900
- On Top of the World, FL6.2 mi · 12,668 people · home $303,900
- Rainbow Springs, FL6.7 mi · 5,091 people · home $310,600
- Dunnellon, FL8.2 mi · 1,928 people · home $168,200
- Rainbow Lakes Estates, FL8.8 mi · 3,438 people · home $160,400
- Liberty Triangle, FL10.7 mi · 23,759 people · home $275,500
- Ocala, FL12.9 mi · 63,591 people · home $241,400
- Citrus Springs, FL13.2 mi · 10,246 people · home $240,000
Rainbow Park questions
Is Rainbow Park, Florida a good place to retire?
On The Town Files lifestyle rankings, Rainbow Park scores better for retirees than 48% of Florida towns and quieter than 81%. 17.9% of residents are 65 or older (median age 41.4).
How much does a house cost in Rainbow Park?
The median owner-occupied home in Rainbow Park is valued at $197,600 (Census ACS 2020–2024), against a median household income of $66,550, so homes cost about 3.0 times income. Median rent is $1,443 a month.
What is the weather like in Rainbow Park?
July highs average 92.0°F and January lows 45.6°F (NOAA 1991–2020 normals). It gets about 51.6 inches of precipitation a year.
Does Rainbow Park get tornadoes?
16 tornadoes have passed within 10 miles of Rainbow Park since 1950 (NOAA Storm Events); the strongest was a F2 on April 9, 1983. The typical Florida town has had 35.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)