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AL area data

Rainbow city, AL

Rainbow city, AL.

Population: 10,446 (Census ACS)

Home values & appreciation

Median home value
$255,040
1-year appreciation
+2.5%
3-year appreciation
+9.5%
5-year appreciation
+26.5%
10-year appreciation
+81.1%
All-time peak (2026-07)
$255,040
House Price Index
370.8 (+2.6% YoY)

Market activity

Median sale price
$299,900
Median list price
$313,000
Median days on market
94 days
Sale-to-list ratio
96.6%
Active listings
36
1-year forecast
+1.7%
New listings (monthly)
10

Rents

2-bedroom fair-market rent (HUD reference)
$1,110/mo
3BR fair-market rent
$1,350/mo

Affordability

Cost of living index (Low)
87.9 (100 = US avg)
Electricity rate (state-level)
16.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, tornado, coldWave, inlandFlooding, lightning
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
74.0°F
Average low
53.0°F
Annual precipitation
58.7 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
51
Days with Good air quality
182

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
3
Nearest national park
Freedom Riders National Monument (23 mi)
Nearest airport
Northeast Alabama Regional Airport (GAD) (3 mi)
Nearest major airport
Anniston Regional Airport (ANB) (27 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
1.5 / 5
EV charging stations (within 10 mi)
20
Solar radiation rating
Fair (4.5 kWh/m²/day)

Migration

Net migration
+112 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$820
Mean commute to work
24 min
Households with broadband internet
70.0%

Employment & development

Total county employment
27,584
Average weekly wage
$854
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
117

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents