Living in Diamond City, Arkansas

Cost of living, income, home prices, rent and demographics of Diamond City · Census data 2020–2024

Diamond City has 672 residents with a median age of 45.5. The median household income is $45,966 (24% lower than the Arkansas median), the median home value is $98,000, the median rent is $617/month.

Diamond City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Diamond City at a glance

Population
672
Median age
45.5State: 38.5
Median household income
$45,966State: $60,773
Median home value
$98,000State: $188,000
Median rent
$617/moState: $947
Homeowners
74.4%
Bachelor's degree or higher
9.5%
Average commute
39 min

Is Diamond City a good place to live?

Pros: Home values 48% lower than the state median; unemployment of 3.4%.

Cons: Median household income 24% lower than the Arkansas median; an average commute of 39 minutes; a poverty rate of 20.5%.

The weather is best in May–June and September–October.

Cost of living in Diamond City

Housing is the biggest part of the cost of living. In Diamond City the median home value is $98,000, 71% lower than the U.S. median. Renters pay a median of $617 per month, which is 25.6% of household income. Homeowners with a mortgage pay $993 a month in housing costs.

Median home value

Diamond City$98,000
Arkansas$188,000
United States$332,700

Median monthly rent

Diamond City$617
Arkansas$947
United States$1,413

Diamond City median household income

The median household income in Diamond City is $45,966 and the income per person is $26,075. 20.5% of residents live below the poverty line (Arkansas: 16%).

Median household income

Diamond City$45,966
Arkansas$60,773
United States$80,734

Housing in Diamond City: homes for sale and rent

Housing units
515
Owner-occupied
74.4%
Renter-occupied
25.6%
Vacant
43.1%Includes seasonal homes
Median year built
1980
Average household size
2.29

43.1% of homes are vacant most of the year, a sign that Diamond City has many vacation and second homes.

Diamond City demographics

Population
672
Median age
45.5
Under 18
17.6%
65 and older
21.3%
Households
293
Foreign-born
3.4%
Veterans
11%Adults 18+

Race and ethnicity

White89%
Hispanic or Latino4.9%
Black2.1%
Asian0.7%

Hispanic or Latino can be of any race. Population history of Diamond City ›

Education in Diamond City

9.5% of adults 25 and older in Diamond City have a bachelor's degree or higher (Arkansas: 25.7%), and 2.2% have a graduate or professional degree.

Bachelor's degree or higher

Diamond City9.5%
Arkansas25.7%
United States35.7%

Jobs and commute in Diamond City

Unemployment rate
3.4%State: 4.9%
Average commute
39 minState: 23 min
Work from home
6.2%
Drive alone
78.9%
Public transit
0%
Walk to work
0%
Homes with broadband
81.2%

Diamond City vs nearby towns

TownPopulationMedian incomeHome valueRent
Diamond City672$45,966$98,000$617
Lead Hill320$55,000$114,300$889
Bergman542$61,042$144,100$950
Pyatt135$60,714$166,700—
Omaha174$30,833$75,600$667
Theodosia178$24,600$114,600—
Kissee Mills1,081$67,460$163,300$689
Kirbyville101$41,875$258,300—
Bull Shoals1,678$41,976$158,100$715

More for people moving to Diamond City

Diamond City ZIP code ›Weather and climate ›

Living in Diamond City: FAQ

What is the median household income in Diamond City, AR?

The median household income in Diamond City is $45,966, 24% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Diamond City?

The median home value in Diamond City is $98,000, compared with $188,000 in Arkansas.

How much is rent in Diamond City?

The median gross rent in Diamond City is $617 per month, about 25.6% of household income.

Is Diamond City, AR a good place to live?

Pluses: home values 48% lower than the state median; unemployment of 3.4%. Minuses: median household income 24% lower than the Arkansas median; an average commute of 39 minutes; a poverty rate of 20.5%.

What is the median age in Diamond City?

The median age in Diamond City is 45.5 years (Arkansas: 38.5).

How long is the commute in Diamond City?

The average commute to work in Diamond City is 39 minutes; 6.2% of workers work from home.

What is the unemployment rate in Diamond City?

The unemployment rate in Diamond City is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Diamond City?

9.5% of adults in Diamond City 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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