Rainbow Lakes

County:: Morris County
County Seat:: No
Area (mi²):: 1.097
State:: New Jersey

Rainbow Lakes is a CDP located in Morris County, New Jersey. Rainbow Lakes has a 2025 population of 1,484. Rainbow Lakes is currently growing at a rate of 7.15% annually and its population has increased by 16.3% since the most recent census, which recorded a population of 1,276 in 2020.

The average household income in Rainbow Lakes is $125,822 with a poverty rate of 3.71%. The median age in Rainbow Lakes is 31.7 years: 31.2 years for males, and 32.5 years for females.

Demographics

The racial composition of Rainbow Lakes includes 64.24% White, 23.11% Asian, 4.51% other race, and smaller percentages for Black or African American, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Two or more races

Other race

Black or African American

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	884	64.24%
Asian	318	23.11%
Two or more races	103	7.49%
Other race	62	4.51%
Black or African American	9	0.65%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Rainbow Lakes Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Rainbow Lakes' average per capita income is $72,458. Household income levels show a median of $109,083. The poverty rate stands at 3.71%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$156,771	-
Families	$156,172	$158,192
Households	$109,083	$125,822
Non Families	$81,653	$72,196

$72,458

Average Income

$109,083

Median Household Income

3.71%

Poverty Rate