There are 20 assisted living facilities serving Rainbow City, Alabama. This includes 3 facilities in Rainbow City and 17 nearby. The median cost per day for assisted living in Alabama is around $96, with costs ranging between $30 and $192 per day. On a per month basis, this equates to a mean expense of $2,894, with costs ranging from around $900 up to $5,760. The median yearly cost is $34,728, which is under the national average of $42,000.
Costs of assisted living in Rainbow City typically range between $1,750 per month and $3,075 per month. The average cost is around $2,503 per month, or around $30,030 yearly.
SeniorScore™ for Rainbow City, Alabama
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Rainbow City scores higher than the Alabama average of 72.
- Rainbow City scores higher than the national average of 72.
- There is an average number of Medicare registered physicians within the city limits.
- There are 2 hospitals within close range of the city (Mountain View Hospital and Riverview Regional Medical Center).
- There are 17 senior living facilities in close proximity to the city, including Regency Pointe Retirement Community, The Meadows of Rainbow City, and Attalla Health and Rehab.
- There is a high number of home healthcare providers operating in the city.
- There is a high number of fire stations serving the city.
- The average life expectancy is 75.4, compared to the national average of 78.6.
- There are 91 pharmacies within close range of the city.
- The area has a low property crime rate.
- The area has a very low violent crime rate.
- The city has a high percentage of seniors in the population (30% of residents).
- There are 25 golf courses in or around the city, including Briarmead Golf Club, Short Course at Silver Lakes, and Wills Creek Country Club.
- There are 4 parks near the city center, including River Country Campground, Noccalula Falls Park & Campgrounds, and Bluff Creek Falls.
- There are 72 churches in or near the city, including Coosa Valley Baptist Church, First Baptist Church, and Church at Bridge Point.
- There are 10 malls / shopping centers within close range of the city.
- There are 41 grocery stores within the city.
- There are 5 movie theatres in or near the city.
- There are 13 gyms or health clubs in or near the city.
- The property taxes average 0.86% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.38% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 8.25%, which is significantly higher than the national average of 6.97%.
- Alabama has an average state income tax of 3.95%, compared to the national average of 3.38%.
- The city's mean household income is $61,563, which is lower than the national average of $64,580.
- The city's median household income is $47,458, which is lower than the national median of $51,560.
- The city's per capita income is $24,167, which is lower than the national average of $25,611.
- Assisted living costs average $30,030 per year, which are very low compared to national figures.
- Nursing home costs average $70,810 per year, which are low compared to national costs.
- Adult daycare costs average $17,680 per year, which are average compared to national numbers.
- Home healthcare costs average $37,752 annually, which are very low compared to national costs.
- The unemployment rate is about 7.47%, which is average compared to national averages.
- The overall cost of living is very low compared to national averages.
- 3% of the senior population are financially responsible for at least one grandchild.
- Rainbow City receives very high levels of rainfall each year.
- Rainbow City has mild mean temperatures, with comfortable winters and warm summers.
- This city has below average air quality.
- Rainbow City has a sparse population density of 280.3 people per square mile.
- Residents of Rainbow City have an average daily commute time.
- Rainbow City has a very low public school quality ranking.
- The city has a low public school safety rating.
- This city has a high graduation rate of 91.79%.
Rainbow City is a small city in Etowah County in the State of Alabama. It is part of the Gadsden metro statistical area. While the city itself is home to 9,897 residents, the surrounding metro area includes a total population of 74,795. The 55-and-over community constitutes 30% of the total population.
The SeniorScore™ for Rainbow City is 77. The city's median household income is $47,000 ($24,000 per capita), versus the average of $40,000 for the whole of Alabama. The median housing price in Rainbow City is $226,500, which is much more than the Alabama average of $145,500. Rainbow City has a moderate unemployment rate of approximately 7.47%.
Rainbow City has mild mean temperatures, with comfortable winters and balmy summers. The city gets very high amounts of precipitation annually. Rainbow City has below average air quality ratings and a very low crime rate in relation to other cities in the US.