Ocala Estates vs Rainbow Lakes Estates

A side-by-side comparison of Ocala Estates and Rainbow Lakes Estates: population, income, housing, and more.

Ocala Estates and Rainbow Lakes Estates are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Rainbow Lakes Estates has the higher population (3,376 vs 2,347 in Ocala Estates). Rainbow Lakes Estates has the higher median household income ($50,298 vs $47,895 in Ocala Estates). Since 2019, Rainbow Lakes Estates's population has grown faster (-5.3% vs -31.5%).

Population, income & housing

	Ocala Estates	Rainbow Lakes Estates
Population	2,347	3,376
Median age	41.1 yrs	51.8 yrs
Median household income	$47,895	$50,298
Median home value	—	$144,500
Median gross rent	$806	$766
Housing units	723	1,712
Homeownership rate	68.5%	86.1%
Bachelor's degree or higher	4.7%	10.2%
Unemployment rate	14.4%	3.7%

Trends (ACS 5-year, 2019–2023)

	Ocala Estates	Rainbow Lakes Estates
Population	3,427 → 2,347 (-31.5%)	3,565 → 3,376 (-5.3%)
Median household income	$31,094 → $47,895 (+54.0%)	$45,417 → $50,298 (+10.7%)
Median home value	$46,400 → $61,400 (+32.3%)	$98,500 → $144,500 (+46.7%)
Median gross rent	$728 → $806 (+10.7%)	$771 → $766 (-0.6%)

Ocala Estates

Population

3,4272,347

Median household income

$31,094$47,895

Median home value

$46,400$61,400

Median gross rent

$728$806

Rainbow Lakes Estates

Population

3,5653,376

Median household income

$45,417$50,298

Median home value

$98,500$144,500

Median gross rent

$771$766

Age & race/ethnicity

Age distribution (share)

	Ocala Estates	Rainbow Lakes Estates
Under 5	3.9%	4.9%
5 to 17	11.0%	18.9%
18 to 24	3.2%	2.2%
25 to 34	23.8%	7.0%
35 to 44	18.4%	10.8%
45 to 54	16.8%	10.2%
55 to 64	15.5%	13.9%
65 to 74	5.5%	15.4%
75 and over	1.9%	16.7%

Race & ethnicity (share)

	Ocala Estates	Rainbow Lakes Estates
White (non-Hispanic)	44.5%	84.9%
Black or African American	7.8%	4.2%
American Indian & Alaska Native	1.2%	0.0%
Asian	0.5%	0.6%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.1%	0.2%
Two or more races	2.8%	4.3%
Hispanic or Latino	43.0%	5.8%

Educational attainment (age 25+)

Share of adults 25+

	Ocala Estates	Rainbow Lakes Estates
No high school diploma	32.9%	19.4%
High school graduate	47.9%	35.2%
Some college or associate's	14.4%	35.1%
Bachelor's degree	3.9%	6.4%
Graduate or professional degree	0.9%	3.8%

Commute to work

How workers get to work (share)

	Ocala Estates	Rainbow Lakes Estates
Drove alone	78.0%	78.2%
Carpooled	19.3%	7.7%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	0.0%	7.5%
Other means	2.6%	6.6%

Housing

Units in structure (share)

	Ocala Estates	Rainbow Lakes Estates
1-unit, detached	14.0%	89.8%
1-unit, attached	0.0%	3.0%
2 to 4 units	5.5%	0.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	80.5%	7.2%

Poverty & households

	Ocala Estates	Rainbow Lakes Estates
Poverty rate	22.7%	11.0%
Average household size	2.54	2.42
Mean commute (minutes)	25	36
Median year structure built	1982	1985