Rainbow Park vs Silver Springs

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

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

Silver Springs has the higher population (2,640 vs 2,070 in Rainbow Park). Rainbow Park has the higher median household income ($52,685 vs $32,228 in Silver Springs). Since 2019, Rainbow Park's population has grown faster (+36.0% vs -21.4%).

Population, income & housing

	Rainbow Park	Silver Springs
Population	2,070	2,640
Median age	35.7 yrs	32.5 yrs
Median household income	$52,685	$32,228
Median home value	$165,400	—
Median gross rent	—	$1,143
Housing units	652	1,535
Homeownership rate	95.6%	41.9%
Bachelor's degree or higher	13.9%	16.2%
Unemployment rate	13.4%	2.0%

Trends (ACS 5-year, 2019–2023)

	Rainbow Park	Silver Springs
Population	1,522 → 2,070 (+36.0%)	3,359 → 2,640 (-21.4%)
Median household income	$28,911 → $52,685 (+82.2%)	$32,786 → $32,228 (-1.7%)
Median home value	$69,000 → $165,400 (+139.7%)	$14,400 → $28,800 (+100.0%)
Median gross rent	—	$880 → $1,143 (+29.9%)

Rainbow Park

Population

1,5222,070

Median household income

$28,911$52,685

Median home value

$69,000$165,400

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 Park	Silver Springs
Under 5	2.9%	12.6%
5 to 17	25.8%	10.4%
18 to 24	11.1%	5.5%
25 to 34	8.6%	22.8%
35 to 44	10.7%	12.4%
45 to 54	5.6%	14.5%
55 to 64	15.2%	9.4%
65 to 74	14.3%	9.3%
75 and over	5.9%	3.1%

Race & ethnicity (share)

	Rainbow Park	Silver Springs
White (non-Hispanic)	47.7%	42.3%
Black or African American	10.4%	35.3%
American Indian & Alaska Native	4.3%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.7%	6.3%
Hispanic or Latino	34.8%	16.1%

Educational attainment (age 25+)

Share of adults 25+

	Rainbow Park	Silver Springs
No high school diploma	15.6%	15.8%
High school graduate	38.1%	41.4%
Some college or associate's	32.4%	26.6%
Bachelor's degree	12.7%	11.6%
Graduate or professional degree	1.2%	4.6%

Commute to work

How workers get to work (share)

	Rainbow Park	Silver Springs
Drove alone	86.8%	81.2%
Carpooled	12.4%	0.0%
Public transit	0.0%	0.0%
Walked	0.0%	1.3%
Bicycle	0.0%	0.0%
Worked from home	0.8%	17.5%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Rainbow Park	Silver Springs
1-unit, detached	66.1%	7.4%
1-unit, attached	0.0%	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	33.9%	38.6%

Poverty & households

	Rainbow Park	Silver Springs
Poverty rate	44.7%	28.5%
Average household size	3.17	1.98
Mean commute (minutes)	26	25
Median year structure built	2002	1984