Living in Diamond Ridge, Alaska
Cost of living, income, home prices, rent and demographics of Diamond Ridge · Census data 2020–2024
Diamond Ridge has 1,329 residents with a median age of 41.5. The median household income is $87,500 (6% lower than the Alaska median), the median home value is $344,400, the median rent is $1,273/month.
Diamond Ridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Diamond Ridge at a glance
- Population
- 1,329
- Median age
- 41.5State: 35.8
- Median household income
- $87,500State: $92,788
- Median home value
- $344,400State: $352,900
- Median rent
- $1,273/moState: $1,419
- Homeowners
- 90.9%
- Bachelor's degree or higher
- 39.8%
- Average commute
- 23 min
Is Diamond Ridge a good place to live?
Pros: Home values about the same as the state median; unemployment of 2.3%; a poverty rate of 3.9%.
Cons: Median household income 6% lower than the Alaska median; an average commute of 23 minutes.
The weather is best in May to August.
Cost of living in Diamond Ridge
Housing is the biggest part of the cost of living. In Diamond Ridge the median home value is $344,400, 4% higher than the U.S. median. Renters pay a median of $1,273 per month, which is 36.3% of household income. Homeowners with a mortgage pay $2,061 a month in housing costs.
Diamond Ridge median household income
The median household income in Diamond Ridge is $87,500 and the income per person is $49,720. 3.9% of residents live below the poverty line (Alaska: 10.1%).
Housing in Diamond Ridge: homes for sale and rent
- Housing units
- 709
- Owner-occupied
- 90.9%
- Renter-occupied
- 9.1%
- Vacant
- 27.5%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.56
Diamond Ridge demographics
- Population
- 1,329
- Median age
- 41.5
- Under 18
- 23.3%
- 65 and older
- 19.7%
- Households
- 514
- Foreign-born
- 3.2%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Diamond Ridge ›
Education in Diamond Ridge
39.8% of adults 25 and older in Diamond Ridge have a bachelor's degree or higher (Alaska: 31.7%), and 12% have a graduate or professional degree.
Jobs and commute in Diamond Ridge
- Unemployment rate
- 2.3%State: 5.9%
- Average commute
- 23 minState: 19 min
- Work from home
- 17.9%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 90.5%
Diamond Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Diamond Ridge | 1,329 | $87,500 | $344,400 | $1,273 |
| Kachemak | 805 | $76,750 | $450,000 | $1,185 |
| Homer | 5,877 | $74,449 | $388,400 | $1,238 |
| Anchor Point | 2,243 | $63,000 | $241,600 | $1,120 |
| Nikolaevsk | 245 | $60,750 | $253,300 | — |
| Fritz Creek | 2,383 | $89,531 | $344,100 | $1,125 |
| Halibut Cove | 167 | $87,981 | $234,100 | — |
| Happy Valley | 775 | $54,464 | $253,600 | $820 |
| Seldovia Village | 213 | $76,875 | $205,000 | — |
More for people moving to Diamond Ridge
Diamond Ridge ZIP code ›Weather and climate ›Living in Diamond Ridge: FAQ
What is the median household income in Diamond Ridge, AK?
The median household income in Diamond Ridge is $87,500, 6% lower than the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Diamond Ridge?
The median home value in Diamond Ridge is $344,400, compared with $352,900 in Alaska.
How much is rent in Diamond Ridge?
The median gross rent in Diamond Ridge is $1,273 per month, about 36.3% of household income.
Is Diamond Ridge, AK a good place to live?
Pluses: home values about the same as the state median; unemployment of 2.3%; a poverty rate of 3.9%. Minuses: median household income 6% lower than the Alaska median; an average commute of 23 minutes.
What is the median age in Diamond Ridge?
The median age in Diamond Ridge is 41.5 years (Alaska: 35.8).
How long is the commute in Diamond Ridge?
The average commute to work in Diamond Ridge is 23 minutes; 17.9% of workers work from home.
What is the unemployment rate in Diamond Ridge?
The unemployment rate in Diamond Ridge is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Diamond Ridge?
39.8% of adults in Diamond Ridge have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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