Rainbow Lakes Estates North median real estate price is $274,646, which is less expensive than 79.2% of Florida neighborhoods and 66.7% of all U.S. neighborhoods.
The average rental price in Rainbow Lakes Estates North is currently $1,419, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.2% of Florida neighborhoods.
Rainbow Lakes Estates North is a remote neighborhood (based on population density) located in Dunnellon, Florida.
Rainbow Lakes Estates North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Rainbow Lakes Estates North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Home and apartment vacancy rates are 7.8% in Rainbow Lakes Estates North. NeighborhoodScout analysis shows that this rate is lower than 47.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
One of the notable things about Rainbow Lakes Estates North is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Our research reveals that 90.0% of commuters who live in the Rainbow Lakes Estates North neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.2% of U.S. neighborhoods.
Did you know that the Rainbow Lakes Estates North neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Cuban ancestry.
Rainbow Lakes Estates North is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Rainbow Lakes Estates North neighborhood in Dunnellon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.1% of U.S. neighborhoods. With 46.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Rainbow Lakes Estates North neighborhood, 42.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.2%), and 14.1% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Rainbow Lakes Estates North neighborhood is English, spoken by 95.3% of households. Other important languages spoken here include Polish and German/Yiddish.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Rainbow Lakes Estates North neighborhood in Dunnellon, FL, residents most commonly identify their ethnicity or ancestry as Irish (14.8%). There are also a number of people of English ancestry (12.5%), and residents who report German roots (10.6%), and some of the residents are also of Italian ancestry (9.5%), along with some Polish ancestry residents (5.6%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Rainbow Lakes Estates North neighborhood spend between 30 and 45 minutes commuting one-way to work (50.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (90.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.