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Rainbow Terrace, Nashville,TN

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Rainbow Terrace is a charming neighborhood in the southeast part of Nashville, offering a welcoming community vibe perfect for families, young professionals, and retirees alike. One of the standout features of this area is its beautifully maintained homes, showcasing a mix of classic and modern architectural styles. Residents appreciate the quiet, tree-lined streets and the well-kept parks that make it easy to enjoy outdoor activities without having to travel far. For those who love a touch of nature, the nearby Greenway Trail is a popular spot for jogging, biking, and leisurely walks, providing a peaceful escape from the hustle and bustle of the city.

When it comes to convenience, Rainbow Terrace is impressively close to downtown Nashville, with just a short 15-20 minute drive separating residents from the heart of the city. This proximity means you can easily enjoy the vibrant music scene, eclectic dining options, and cultural attractions that Nashville is famous for, without sacrificing the tranquility of suburban living. Additionally, the neighborhood offers easy access to major highways and public transportation routes, making commuting a breeze whether you work in downtown Nashville or elsewhere in the metro area.

Local amenities in Rainbow Terrace add to the neighborhood’s appeal. The community is served by several well-regarded schools, making it a great choice for families with children. Nearby shopping centers and grocery stores provide all the essentials, while a variety of restaurants and cafes cater to diverse tastes—from casual eateries to cozy coffee shops. Plus, the neighborhood hosts seasonal events and community gatherings, which help foster a strong sense of belonging among residents. Overall, Rainbow Terrace strikes a wonderful balance between comfortable living, accessibility, and community spirit, making it a fantastic option for anyone considering a move to Nashville’s southeast side.

Community Snapshot

Population 328
Density (People/sqml.) 2,951
Median Age 33.7
Married Couples
36%
36% of the population of Rainbow Terrace aged 16 years and older are married.
Have Kids
19%
19% of the population aged 16 years or older have children.

About 36% of the Rainbow Terrace population aged 16 and older are married, which is notably lower than average. This could suggest a community with a younger, more transient population—perhaps made up of students, professionals, or renters. It may also reflect a neighborhood that attracts singles or couples without children, contributing to a more independent, urban lifestyle.

With only 19% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Rainbow Terrace neighborhood age breakdown chart

Rainbow Terrace demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 328 residents, Rainbow Terrace is notably smaller than many other Nashville neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Rainbow Terrace has a population density of 2,951, which strikes a balanced feel when compared to other Nashville neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With an average age of 34, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Rainbow Terrace

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Types of Crime

Rainbow Terrace neighborhood age breakdown chart

Rainbow Terrace Crime Map

The Rainbow Terrace crime map provides an in-depth look at crime rates throughout the community, using block group data to reveal both safer pockets and places with more frequent incidents. By visualizing these patterns, the crime map helps residents and newcomers alike better understand the dynamics of neighborhood safety. It’s worth noting that higher-crime areas on the map aren’t always indicative of danger — spots near busy commercial centers, transportation hubs, or popular attractions may naturally show more reports due to increased activity.

Housing

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Home Price $254,700
Median Rent $1,154
People/Household 2.2

Home Price Breakdown

Rainbow Terrace neighborhood home price breakdown chart

Rent vs Own

Rent 55% Own 45%

Year Moved In

Before 2010 51% After 2010 49%

Types of Homes in the Area

Market Trends

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Housing prices can reveal a lot about the balance and overall appeal of a neighborhood. In Rainbow Terrace, the median home price is about $254,700, which is on par with many comparable areas. This average pricing reflects a stable, affordable housing market and makes the neighborhood an appealing choice for a wide range of buyers seeking both value and long-term potential. Examining how home prices and appreciation rates in Rainbow Terrace have shifted over time can reveal important clues about the neighborhood’s future value. These trends help potential buyers and investors understand market momentum and determine whether the area is likely to deliver strong returns over the long term.

The median rent is around $1,154, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

SideKicks Cafe
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Food & Drink

Discount Beer and Tobacco
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Burger King
Fast Food
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Groceries

Aldi
Grocery Store
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El Paraiso Supermercado Y Carniceria
Grocery Store
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Parks

Madison Park
Park
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Playground
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Shops

Lowe's
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Mall
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Getting Around

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Health & Safety

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Health Care

Madison Minor Medical Center
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Top Neighborhood Schools

Name Category Grades Rating
Stratton Elementary
310 Old Hickory Blvd West, Madison, TN
Elementary School PK - 4 School Score
Madison Campus Elementary School
1515 Sutherland Dr, Madison, TN
Elementary School PK - 8 School Score
St Joseph School
1225 Gallatin Pike S, Madison, TN
Elementary School PK - 8 School Score
Madison Academy
100 Academy Rd, Madison, TN
High School 9 - 12 School Score
The Academy For G.O.D.
401 Center St, Old Hickory, TN
High School KG - 12 School Score
The Academy At Opry Mills
433 Opry Mills Dr, Nashville, TN
High School 12 - 12 School Score
Smithson Craighead Academy
730 Neely'S Bend Rd, Madison, TN
Elementary School KG - 4 School Score

Education Level Achieved

Education is a key factor in understanding the character and opportunities within a community like Rainbow Terrace. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Rainbow Terrace can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.

Economy

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Income Per Capita $35,860
Household Income $65,972
Unemployment 4.2%

Income Breakdown

Rainbow Terrace Income breakdown chart

Employment by Industry

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Local economic factors help define the character and opportunities within a neighborhood, shaping everything from lifestyle to overall accessibility. Household incomes in Rainbow Terrace average around $65,972, which is about on par with many surrounding neighborhoods. This balanced income level supports a diverse community and offers a stable, well-rounded environment for residents.

The employment landscape offers valuable insight into the stability and economic health of a neighborhood. In Rainbow Terrace, the unemployment rate sits at around 4%, which is about average compared to many other areas. This balanced rate reflects a steady local economy and a reliable foundation for residents and businesses alike.

Frequently Asked Questions

What types of homes are common?

Rainbow Terrace in Nashville, TN, primarily features mid-20th century ranch-style and cottage homes, many of which have been updated or renovated to blend classic charm with modern amenities. The neighborhood is known for its modest single-family houses with spacious yards, making it popular among families and young professionals. You’ll often find homes with large porches and mature trees lining the streets, contributing to the area's welcoming ambiance.

Are there any community events or local gatherings throughout the year?

Yes, Rainbow Terrace hosts several community gatherings that foster neighborhood spirit. One notable event is the annual Rainbow Terrace Block Party, which takes place in the spring and features live music, local food vendors, and activities for children. Additionally, the nearby Shelby Park often serves as a venue for outdoor festivals and farmers markets that residents frequently attend, promoting a strong local connection.

How far is Downtown?

Rainbow Terrace is conveniently located approximately 5 miles east of Downtown Nashville. This proximity allows residents to reach the heart of the city, including landmarks like the Country Music Hall of Fame and Broadway’s vibrant entertainment district, within a 15-20 minute drive. Public transit options such as bus lines also connect the neighborhood to downtown, making commuting accessible without a car.

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