Rainbow Lakes is a CDP located in Morris County New Jersey. Rainbow Lakes has a 2024 population of 1,385. Rainbow Lakes is currently growing at a rate of 7.7% annually and its population has increased by 8.54% since the most recent census, which recorded a population of 1,276 in 2020.
The average household income in Rainbow Lakes is $122,407 with a poverty rate of 3.29%. The median age in Rainbow Lakes is 32.8 years: 32.9 years for males, and 32.8 years for females.
According to the most recent ACS, the racial composition of Rainbow Lakes was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 801 | 67.48% |
| Asian | 298 | 25.11% |
| Other race | 52 | 4.38% |
| Two or more races | 19 | 1.6% |
| Black or African American | 17 | 1.43% |
| Native American | 0 | 0% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
White
Asian
Other race
Two or more races
Black or African American
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 478 | 2.48 | 66.9 | 33.1 |
| Married | 215 | 3.05 | 83.7 | 16.3 |
| Non Family | 163 | 1.53 | 47.9 | 52.1 |
| Male | 57 | 2.65 | 71.9 | 28.1 |
| Female | 43 | 3.05 | 48.8 | 51.2 |
2.97
Average Family Size
2.48
Average Household Size
66.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 47 | 5.62% |
| Associates Degree | 30 | 3.59% |
| Bachelors Degree | 346 | 41.39% |
| Graduate Degree | 157 | 18.78% |
| High School Graduate | 164 | 19.62% |
| Less Than 9th Grade | 0 | 0% |
| Some College | 92 | 11% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 573 | 539 | 302 |
| Asian | 189 | 186 | 167 |
| Hispanic | 55 | 45 | 17 |
| Other Race | 26 | 16 | 0 |
| 2+ Races | 19 | 19 | 17 |
| Black | 17 | 17 | 17 |
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among black people with a rate of 100%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $82,679 | $91,250 | $75,799 |
| Graduate Degree | $103,194 | $0 | $102,639 |
| High School Graduate | $45,093 | $53,219 | $31,295 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $67,721 | $64,743 | $68,274 |
| Some College | $68,631 | $77,813 | $68,452 |
$67,721
Average Earnings
$64,743
Average Male
$68,274
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
67.73% of Rainbow Lakes residents speak only English, while 32.27% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 17.82% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 789 | 39 | 4.94% |
3.29%
Overall Poverty Rate
1.44%
Male Poverty Rate
4.91%
Female Poverty Rate
The race most likely to be in poverty in Rainbow Lakes is White, with 4.94% below the poverty level.
The race least likely to be in poverty in Rainbow Lakes is White, with 4.94% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 6.56%, and for those that did not work, the poverty rate was 12.33%.
rate
Rate | Poverty |
|---|---|
| Some College | 6.56% |
| Bachelors or Greater | 6.16% |
| Less Than 9th Grade | 0% |
| High School | 0% |
rate
Rate | Poverty |
|---|---|
| Female Unemployed | 60% |
| Female Employed | 3.02% |
| Male Employed | 0% |
| Male Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $143,875 | $145,592 |
| Households | $102,917 | $122,407 |
| Married Families | $151,116 | $-999,999,999 |
| Non Families | $87,582 | $77,604 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
43.7%
Overall Marriage Rate
48.1%
Male Marriage Rate
39.6%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
16
Number of Veterans
16
Male Veterans
0
Female Veterans
War | Veterans |
|---|---|
| Second Gulf War | 0 |
| First Gulf War | 0 |
| Vietnam | 0 |
| Korea | 0 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 55 to 64 | 11 |
| 75+ | 5 |
| 18 to 34 | 0 |
| 35 to 54 | 0 |
| 65 to 74 | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 16 | 2.34% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
31.25%
Veteran Disability Rate
LaborForceParticipation
84.5%
Labor Force Participation
80%
Employment Rate
5.4%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
48.86%
Born in Rainbow Lakes
77%
Native Born
23%
Foreign Born
10.95%
Non Citizen
12.05%
Naturalized
77% of Rainbow Lakes residents were born in the United States, with 48.86% having been born in New Jersey. 10.95% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Change |
|---|---|---|---|
| 2024 | 1,385 | 99 | 7.7% |
| 2023 | 1,286 | 99 | 8.34% |
| 2022 | 1,187 | -149 | -11.15% |
| 2021 | 1,336 | 60 | 4.7% |
| 2020 | 1,276 | 0 | 0% |