Rainbow Lakes Estates vs Silver Springs

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

Rainbow Lakes Estates and Silver Springs 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 2,640 in Silver Springs). Rainbow Lakes Estates has the higher median household income ($50,298 vs $32,228 in Silver Springs). Since 2019, Rainbow Lakes Estates's population has grown faster (-5.3% vs -21.4%).

Population, income & housing

	Rainbow Lakes Estates	Silver Springs
Population	3,376	2,640
Median age	51.8 yrs	32.5 yrs
Median household income	$50,298	$32,228
Median home value	$144,500	—
Median gross rent	$766	$1,143
Housing units	1,712	1,535
Homeownership rate	86.1%	41.9%
Bachelor's degree or higher	10.2%	16.2%
Unemployment rate	3.7%	2.0%

Trends (ACS 5-year, 2019–2023)

	Rainbow Lakes Estates	Silver Springs
Population	3,565 → 3,376 (-5.3%)	3,359 → 2,640 (-21.4%)
Median household income	$45,417 → $50,298 (+10.7%)	$32,786 → $32,228 (-1.7%)
Median home value	$98,500 → $144,500 (+46.7%)	$14,400 → $28,800 (+100.0%)
Median gross rent	$771 → $766 (-0.6%)	$880 → $1,143 (+29.9%)

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

Silver Springs

Population

3,3592,640

Median household income

$32,786$32,228

Median home value

$14,400$28,800

Median gross rent

$880$1,143

Age & race/ethnicity

Age distribution (share)

	Rainbow Lakes Estates	Silver Springs
Under 5	4.9%	12.6%
5 to 17	18.9%	10.4%
18 to 24	2.2%	5.5%
25 to 34	7.0%	22.8%
35 to 44	10.8%	12.4%
45 to 54	10.2%	14.5%
55 to 64	13.9%	9.4%
65 to 74	15.4%	9.3%
75 and over	16.7%	3.1%

Race & ethnicity (share)

	Rainbow Lakes Estates	Silver Springs
White (non-Hispanic)	84.9%	42.3%
Black or African American	4.2%	35.3%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.6%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.2%	0.0%
Two or more races	4.3%	6.3%
Hispanic or Latino	5.8%	16.1%

Educational attainment (age 25+)

Share of adults 25+

	Rainbow Lakes Estates	Silver Springs
No high school diploma	19.4%	15.8%
High school graduate	35.2%	41.4%
Some college or associate's	35.1%	26.6%
Bachelor's degree	6.4%	11.6%
Graduate or professional degree	3.8%	4.6%

Commute to work

How workers get to work (share)

	Rainbow Lakes Estates	Silver Springs
Drove alone	78.2%	81.2%
Carpooled	7.7%	0.0%
Public transit	0.0%	0.0%
Walked	0.0%	1.3%
Bicycle	0.0%	0.0%
Worked from home	7.5%	17.5%
Other means	6.6%	0.0%

Housing

Units in structure (share)

	Rainbow Lakes Estates	Silver Springs
1-unit, detached	89.8%	7.4%
1-unit, attached	3.0%	2.7%
2 to 4 units	0.0%	44.6%
5 to 19 units	0.0%	2.9%
20 or more units	0.0%	4.0%
Mobile home & other	7.2%	38.6%

Poverty & households

	Rainbow Lakes Estates	Silver Springs
Poverty rate	11.0%	28.5%
Average household size	2.42	1.98
Mean commute (minutes)	36	25
Median year structure built	1985	1984