HomeNew JerseyMorris CountyRainbow Lakes CDP
Rainbow Lakes CDP, New Jersey: commercial real estate data.
Rainbow Lakes CDP is a Census CDP of 1,375 people across 1.10 square miles of land, in Morris County. Median household income is $93,051, 67.4 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Rainbow Lakes
What Rainbow Lakes is
- Census place typeCDP
- Land area1.1 sq mi
- Water area0.1 sq mi
- Population per square mile of land1,254
- County holding the largest share of its areaMorris County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rainbow Lakes
How many people live in Rainbow Lakes
- Population1,375
- Median age38.7
- Population under 18328 plus or minus 110
- Share under 1823.9 percent plus or minus 7.2
- Population 65 and over87 plus or minus 58
- Share 65 and over6.3 percent plus or minus 4.1
- Households540
- Family households337 plus or minus 78
- Share of households that are families62.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rainbow Lakes
Income and work in Rainbow Lakes
- Median household income$93,051
- Per capita income$46,939
- Civilian labor force884
- Employed839
- Unemployed45 plus or minus 42
- Unemployment rate5.1 percent plus or minus 4.6
- Adults 25 and over942
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher52.4 percent plus or minus 10.9
- Adults 25 and over with a graduate degree18.5 percent plus or minus 8.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rainbow Lakes
Housing in Rainbow Lakes
- Housing units540
- Occupied units540
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied364 plus or minus 77
- Renter occupied176 plus or minus 75
- Ownership rate67.4 percent
- Median owner-occupied home value$481,800
- Median gross rent, monthly$2,022
- Annual rent as a share of median income26.1 percent
- Single family units384 plus or minus 81
- Share single family71.1 percent
- Units in buildings of two or more156 plus or minus 92
- Share in buildings of two or more28.9 percent plus or minus 16.3
- Mobile homes0
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rainbow Lakes
How Rainbow Lakes gets to work
- Workers 16 and over who commute597 plus or minus 164
- Commuting under 15 minutes152 plus or minus 79
- Share commuting under 15 minutes25.5 percent plus or minus 11.2
- Commuting 30 minutes or more189 plus or minus 91
- Share commuting 30 minutes or more31.7 percent plus or minus 12.4
- Drove alone67.8 percent
- Carpooled5.6 percent plus or minus 7.9
- Public transport2.5 percent plus or minus 2.6
- Walked0.0 percent
- Worked from home24.0 percent plus or minus 10.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morris County, not Rainbow Lakes
Morris County context, not Rainbow Lakes figures
These are Morris County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Rainbow Lakes measurements.
- Establishments in Morris County16,518
- Employment at those establishments, Morris County301,249
- Covered employment, Morris County298,824
- Average annual pay, Morris County$101,208
- Average weekly wage, Morris County$1,946
- Housing units permitted, Morris County2,055
- Of those, single family, Morris County864
- County product, 2024, Morris County$74,395,289,000
- County product change over the prior year, Morris County4.3 percent
- Average income of an arriving household, Morris County$142,777
Every figure in this section is published for Morris County as a whole and is not a measurement of Rainbow Lakes. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Rainbow Lakes questions, answered from the record.
How many people live in Rainbow Lakes, New Jersey?
1,375, in 540 households. Rainbow Lakes CDP covers 1.10 square miles of land, which is 1,254 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rainbow Lakes in?
Morris County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Rainbow Lakes?
$93,051. The median owner-occupied home is valued at $481,800. Median gross rent is $2,022 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Rainbow Lakes figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morris County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Rainbow Lakes.
Is zoning published for Rainbow Lakes?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.