Living in Diamond, Illinois
Cost of living, income, home prices, rent and demographics of Diamond · Census data 2020–2024
Diamond has 2,984 residents with a median age of 35.5. The median household income is $73,201 (12% lower than the Illinois median), the median home value is $220,200, the median rent is $1,357/month.
Diamond at a glance
- Population
- 2,984
- Median age
- 35.5State: 39
- Median household income
- $73,201State: $83,390
- Median home value
- $220,200State: $263,300
- Median rent
- $1,357/moState: $1,274
- Homeowners
- 80%
- Bachelor's degree or higher
- 12.9%
- Average commute
- 26 min
Is Diamond a good place to live?
Pros: Home values 16% lower than the state median; an average commute of 26 minutes; unemployment of 0.4%; a poverty rate of 10.5%.
Cons: Median household income 12% lower than the Illinois median.
The weather is best in May–June and August–September.
Cost of living in Diamond
Housing is the biggest part of the cost of living. In Diamond the median home value is $220,200, 34% lower than the U.S. median. Renters pay a median of $1,357 per month, which is 26.7% of household income. Homeowners with a mortgage pay $1,926 a month in housing costs.
Diamond median household income
The median household income in Diamond is $73,201 and the income per person is $37,611. 10.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Diamond: homes for sale and rent
- Housing units
- 1,144
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 0.6%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.62
Diamond demographics
- Population
- 2,984
- Median age
- 35.5
- Under 18
- 30.3%
- 65 and older
- 9.7%
- Households
- 1,137
- Foreign-born
- 3.7%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Diamond ›
Education in Diamond
12.9% of adults 25 and older in Diamond have a bachelor's degree or higher (Illinois: 37.8%), and 5.1% have a graduate or professional degree.
Jobs and commute in Diamond
- Unemployment rate
- 0.4%State: 5.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 3%
- Drive alone
- 86.7%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 86.5%
Diamond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Diamond | 2,984 | $73,201 | $220,200 | $1,357 |
| Coal City | 5,317 | $72,857 | $201,600 | $1,123 |
| Braidwood | 6,062 | $82,202 | $202,500 | $1,044 |
| Carbon Hill | 441 | $103,125 | $238,600 | $1,271 |
| Godley | 602 | $53,438 | $144,600 | $1,386 |
| Braceville | 860 | $89,167 | $187,900 | — |
| Wilmington | 5,494 | $66,154 | $223,800 | $888 |
| Lakewood Shores | 459 | $78,693 | $217,100 | $1,234 |
| Rest Haven | 455 | $64,531 | $196,400 | $1,332 |
More for people moving to Diamond
Diamond ZIP code ›Weather and climate ›Living in Diamond: FAQ
What is the median household income in Diamond, IL?
The median household income in Diamond is $73,201, 12% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Diamond?
The median home value in Diamond is $220,200, compared with $263,300 in Illinois.
How much is rent in Diamond?
The median gross rent in Diamond is $1,357 per month, about 26.7% of household income.
Is Diamond, IL a good place to live?
Pluses: home values 16% lower than the state median; an average commute of 26 minutes; unemployment of 0.4%; a poverty rate of 10.5%. Minuses: median household income 12% lower than the Illinois median.
What is the median age in Diamond?
The median age in Diamond is 35.5 years (Illinois: 39).
How long is the commute in Diamond?
The average commute to work in Diamond is 26 minutes; 3% of workers work from home.
What is the unemployment rate in Diamond?
The unemployment rate in Diamond is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Diamond?
12.9% of adults in Diamond 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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