The Population & Steets in Rainbow State, Alabama, USA are very interesting and detailed. In fact, these two statistics are often used to make comparisons between cities. For instance, here is a list of population and steets in Rainbow City. Moreover, you can also find out the rent burden in the city. This measure indicates the amount of income a household spends on housing. This is very useful to understand the affordability of housing in the city.
The median age of the population of Rainbow City, AL is 38. This figure includes both native-born and non-native residents. However, the median age of foreign-born residents was lower than that for citizens of other countries. In 2019, the most common countries of origin for residents of Rainbow City, AL were Mexico, Guatemala, and India. Moreover, a majority of citizens of Rainbow City, AL speak at least one other language.
The millennials, the generation that is 21 to 38 years old, outnumber the Baby Boomers in the United States, 79 million to 75 million. While the latter generation led to the biggest residential real estate boom in history, they are now considered "baby blockers." Moreover, the millennials idealize their parents' generation and reject electoral politics. For these reasons, it is no wonder that the city's millennial population is so diverse.
Compared to the national average, the Rainbow City, AL's median property value is 0.691 times smaller. The median property value in Rainbow City, AL was $166,100 in 2019 - a 4.79% increase. In Rainbow City, AL, 60% of residents are homeowners, which is a lower than average figure. The median car ownership rate is equal to the national average. It is also important to note that 59.1% of the population of Rainbow City, AL is Hispanic.