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 $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.
According to the most recent ACS, the racial composition of Rainbow Lakes was:
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% |
White
Asian
Two or more races
Other race
Black or African American
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 534 | 2.58 | 65 | 35 |
| Married | 242 | 3.36 | 83.1 | 16.9 |
| Non Family | 201 | 1.45 | 37.3 | 62.7 |
| Female | 65 | 3.08 | 69.2 | 30.8 |
| Male | 26 | 2.77 | 100 | 0 |
3.26
Average Family Size
2.58
Average Household Size
65.0%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 33 | 3.79% |
| Associates Degree | 36 | 4.13% |
| Bachelors Degree | 358 | 41.1% |
| Graduate Degree | 189 | 21.7% |
| High School Graduate | 118 | 13.55% |
| Less Than 9th Grade | 0 | 0% |
| Some College | 137 | 15.73% |
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 | 585 | 568 | 332 |
| Asian | 188 | 182 | 176 |
| Hispanic | 66 | 56 | 30 |
| 2+ Races | 53 | 53 | 30 |
| Other Race | 36 | 26 | 0 |
| Black | 9 | 9 | 9 |
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 | $78,145 | $66,857 | $78,871 |
| Graduate Degree | $109,500 | $0 | $108,625 |
| High School Graduate | $55,721 | $56,563 | $43,304 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $72,458 | $66,000 | $77,540 |
| Some College | $73,015 | $81,324 | $71,813 |
$72,458
Average Earnings
$66,000
Average Male
$77,540
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
65.68% of Rainbow Lakes residents speak only English, while 34.32% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 18.44% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 884 | 51 | 5.77% |
3.71%
Overall Poverty Rate
1.26%
Male Poverty Rate
5.79%
Female Poverty Rate
The race most likely to be in poverty in Rainbow Lakes is White, with 5.77% below the poverty level.
The race least likely to be in poverty in Rainbow Lakes is White, with 5.77% 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 6.91%, and for those that did not work, the poverty rate was 25%.
rate
Rate | Poverty |
|---|---|
| Bachelors or Greater | 7.86% |
| Some College | 4.62% |
| Less Than 9th Grade | 0% |
| High School | 0% |
rate
Rate | Poverty |
|---|---|
| Female Unemployed | 100% |
| Female Employed | 2.85% |
| Male Employed | 0% |
| Male Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $156,172 | $158,192 |
| Households | $109,083 | $125,822 |
| Married Families | $156,771 | $-999,999,999 |
| Non Families | $81,653 | $72,196 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
44.0%
Overall Marriage Rate
51.2%
Male Marriage Rate
38.3%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, 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
0
Number of Veterans
0
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 |
|---|---|
| 18 to 34 | 0 |
| 35 to 54 | 0 |
| 55 to 64 | 0 |
| 65 to 74 | 0 |
| 75+ | 0 |
count
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
0%
Veteran Disability Rate
LaborForceParticipation
89.5%
Labor Force Participation
85.8%
Employment Rate
4.1%
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
55.01%
Born in Rainbow Lakes
79.43%
Native Born
20.57%
Foreign Born
7.7%
Non Citizen
12.86%
Naturalized
79.43% of Rainbow Lakes residents were born in the United States, with 55.01% having been born in New Jersey. 7.7% 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% |