There are 12 independent living communities serving Rainbow City, Alabama. This includes 2 communities in Rainbow City and 10 nearby. Independent living costs in Alabama range from around $17 up to $106 per day, with a median expenditure running around $53. The per month expense averages about $1,591 and ranges between $495 and $3,168. On an annual basis, the median cost is about $19,100, which is less than the nationwide average of $23,100.
Costs of independent living in Rainbow City range between $963 per month and $1,691 per month. The average cost is about $1,377 per month, or about $16,517 per year.
Rainbow City is a small city in Alabama. It is located in Etowah County and is included in the Gadsden metropolitan area. It has a total population of 9,897, with 74,795 inhabitants in the surrounding metro area. The 55+ community currently composes 30% of the total population.
The SeniorScore™ for Rainbow City is 77. The city has a median per capita income of $24,000. The average household income is $47,000 vs the average of $40,000 for the whole of Alabama. The current unemployment rate is about 7.47% and the average home price is $226,500, which is higher than the state average of $145,500.
Rainbow City has mild average temperatures, with comfortable winters and temperate summers. The area gets very heavy amounts of precipitation each year. Rainbow City has a very low rate of crime and low air quality in relation to similarly-sized cities.