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Rainbow City City, Alabama Economic Analysis

   (County: Etowah County)

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Economic Analysis

People and the communities they live in depend on money. The people of Rainbow City City, Alabama need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Alabama

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.59 6.72 4.34 5.61 0.00 5.57
  Total Electric Industry 6.59 6.72 4.34 5.61 0.00 5.57
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.81 4.37 5.77 0.00 5.64
  Total Electric Industry 6.69 6.81 4.37 5.77 0.00 5.64
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.85 4.29 5.84 0.00 5.57
  Total Electric Industry 6.69 6.85 4.29 5.84 0.00 5.57
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.82 6.93 4.34 5.89 0.00 5.67
  Total Electric Industry 6.82 6.93 4.34 5.89 0.00 5.67
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.76 4.12 6.28 0.00 5.48
  Total Electric Industry 6.69 6.76 4.12 6.28 0.00 5.48
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.71 6.73 4.05 7.35 0.00 5.47
  Total Electric Industry 6.71 6.73 4.05 7.35 0.00 5.47
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.63 6.49 3.90 6.82 0.00 5.35
  Total Electric Industry 6.63 6.49 3.90 6.82 0.00 5.35
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.74 6.34 3.71 6.47 0.00 5.33
  Total Electric Industry 6.74 6.34 3.71 6.47 0.00 5.33
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.94 6.54 3.89 7.26 0.00 5.56
  Total Electric Industry 6.94 6.54 3.89 7.26 0.00 5.56
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.03 6.54 3.82 7.02 0.00 5.54
  Total Electric Industry 7.03 6.54 3.82 7.02 0.00 5.54
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.05 6.58 3.87 7.12 0.00 5.61
  Total Electric Industry 7.05 6.58 3.87 7.12 0.00 5.61
2001              
  Full-Service Providers 7.01 6.53 3.79 7.11 0.00 5.60
  Total Electric Industry 7.01 6.53 3.79 7.11 0.00 5.60
2002              
  Full-Service Providers 7.12 6.63 3.82 7.46 0.00 5.71
  Total Electric Industry 7.12 6.63 3.82 7.46 0.00 5.71
2003              
  Full-Service Providers 7.39 6.85 3.98 0.00 0.00 5.88
  Total Electric Industry 7.39 6.85 3.98 0.00 0.00 5.88
2004              
  Full-Service Providers 7.62 7.12 4.15 0.00 0.00 6.08
  Total Electric Industry 7.62 7.12 4.15 0.00 0.00 6.08
2005              
  Full-Service Providers 8.00 7.50 4.52 0.00 0.00 6.46
  Total Electric Industry 8.00 7.50 4.52 0.00 0.00 6.46
2006              
  Full-Service Providers 8.75 8.18 4.90 0.00 0.00 7.07
  Total Electric Industry 8.75 8.18 4.90 0.00 0.00 7.07

(updated 2006)



Time Leaving to Work in Rainbow City City, Alabama

12:00 A.M. TO 4:59 A.M.   : 224   (5.5%)
5:00 A.M. TO 5:29 A.M.   : 124   (3.1%)
5:30 A.M. TO 5:59 A.M.   : 204   (5.0%)
6:00 A.M. TO 6:29 A.M.   : 473   (11.7%)
6:30 A.M. TO 6:59 A.M.   : 318   (7.9%)
7:00 A.M. TO 7:29 A.M.   : 724   (17.9%)
7:30 A.M. TO 7:59 A.M.   : 648   (16.0%)
8:00 A.M. TO 8:29 A.M.   : 317   (7.8%)
8:30 A.M. TO 8:59 A.M.   : 129   (3.2%)
9:00 A.M. TO 9:59 A.M.   : 183   (4.5%)
10:00 A.M. TO 10:59 A.M.   : 79   (2.0%)
11:00 A.M. TO 11:59 A.M.   : 14   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 313   (7.7%)
4:00 P.M. TO 11:59 P.M.   : 294   (7.3%)


(updated 2010)



Means Of Transportation
(Rainbow City City, Alabama)

Car, truck, or van:

Drove alone : 3,263

Carpooled:

In 2-person carpool : 189

In 3-person carpool : 116

In 4-person carpool : 41

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 64

Other means : 16

Worked at home : 210


(updated 2009)



Travel Time To Work
(Rainbow City City, Alabama)

Less than 5 minutes : 363

5 to 9 minutes : 438

10 to 14 minutes : 783

15 to 19 minutes : 674

20 to 24 minutes : 405

25 to 29 minutes : 109

30 to 34 minutes : 183

35 to 39 minutes : 108

40 to 44 minutes : 118

45 to 59 minutes : 210

60 to 89 minutes : 222

90 or more minutes : 76


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Rainbow City City, Alabama)

With Social Security income : 1,259

No Social Security income : 2,472


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Rainbow City City, Alabama)

With retirement income : 895

No retirement income : 2,836


(updated 2009)



Family Income (Annual)
(Rainbow City City, Alabama)

Less than $10,000 : 157

$10,000 to $14,999 : 38

$15,000 to $19,999 : 88

$20,000 to $24,999 : 72

$25,000 to $29,999 : 217

$30,000 to $34,999 : 197

$35,000 to $39,999 : 136

$40,000 to $44,999 : 191

$45,000 to $49,999 : 34

$50,000 to $59,999 : 194

$60,000 to $74,999 : 395

$75,000 to $99,999 : 520

$100,000 to $124,999 : 197

$125,000 to $149,999 : 130

$150,000 to $199,999 : 73

$200,000 or more : 64


(updated 2009)



Median Family Income (Annual)
(Rainbow City City, Alabama)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $61,042


(updated 2009)



Occupations in Rainbow City City, Alabama

Male:


  • Management, Professional, And Related Occupations: 689  (30.1%)
  • Service Occupations: 190  (8.3%)
  • Sales And Office Occupations: 380  (16.6%)
  • Farming, Fishing, And Forestry Occupations 8  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 416  (18.2%)

Female:


  • Management, Professional, And Related Occupations: 739  (39.7%)
  • Service Occupations: 193  (10.4%)
  • Sales And Office Occupations: 781  (42.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 13  (0.7%)


(updated 2010)





There are 64 Farms In Rainbow City City, Alabama


(updated 2008)



Banks In Rainbow City City, Alabama

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Cadence Bank, N.a. - 1 Branches


    Bank Assets: $7m
    Industry Specialization: Commercial Lending
    Total Offices: 98

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Compass Bank - 1 Branches


    Bank Assets: $75.4m
    Industry Specialization: Commercial Lending
    Total Offices: 675

(updated 2014)







Airports Near Rainbow City City, Alabama

  • Gadsen Municipal


    (about 2.5 miles in Gadsden, Alabama; Airport Code: GAD)

  • Northeast Alabama Regional


    (about 2.5 miles in Gadsden, Alabama; Airport Code: GAD)

  • Albertville Regional-Thomas J Brumlik Field


    (about 22.6 miles in Albertville, Alabama; Airport Code: AL1)

  • Talladega Municipal


    (about 25.9 miles in Lincoln, Alabama; Airport Code: ASN)

  • Anniston/Calhoun County


    (about 27.1 miles in Anniston, Alabama; Airport Code: ANB)

  • Anniston Metro


    (about 27.2 miles in Anniston, Alabama; Airport Code: ANB)

  • Anniston Regional


    (about 27.2 miles in Anniston, Alabama; Airport Code: ANB)

  • Birmingham International


    (about 47.8 miles in Birmingham, Alabama; Airport Code: BHM)

  • Birmingham Airport


    (about 47.8 miles in Birmingham, Alabama; Airport Code: BHM)

  • Birmingham-Shuttlesworth International


    (about 47.8 miles in Birmingham, Alabama; Airport Code: BHM)


(updated 2015)



Modes of Transportation in Rainbow City City, Alabama

Car, Truck, Or Van:

 

Drove Alone

88.23%

Carpooled

9.70%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

0.41%

Other Means

0.0%

Worked At Home

1.65%



(updated 2010)





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