Housing & Real Estate — Rainbow City, Alabama
Overview
| Total Housing Units | 4,565 |
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| Occupied | 3,877 |
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| Vacant | 688 |
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| Owner-Occupied | 2,484 |
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| Renter-Occupied | 1,393 |
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| Median Home Value (Census) | $223,000 |
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| Estimated 2026 | ~$275,000 |
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| Median Rent | $998/mo |
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| Median Property Tax | $826/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 56.4% |
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Housing Age
| Built 2010 or later | 420 |
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| Built 2000-2009 | 1,042 |
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| Built 1990-1999 | 876 |
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| Built before 1960 | 193 |
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| Median Year Built | 1985 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
