Rainbow Lakes vs Paterson
| Rainbow Lakes | Paterson | |
|---|---|---|
| Population | 1,187 | 157,864 |
| Median Household Income | $93,051 | $55,997 |
| Median Home Value | $481,800 | $360,100 |
| Median Gross Rent | $2,022/mo | $1,548/mo |
| Homeownership Rate | 67.4% | 26.9% |
| Unemployment Rate | 5.1% | 10.7% |
| Bachelor's Degree or Higher | 52.4% | 11.8% |
| Median Age | 38.7 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.