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Diamond, IL

Full City Profile · Illinois · Grundy County County

3.5 /5.0
B+ Good
2,900 Population 1,526/sq mi density
$60,000 Median Income $34,675 per capita
$211,500 Home Value $297,303 Zillow
$1,224 Median Rent 34.8% income on rent
51°F Avg Temperature 275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,000 median income, 0.5% unemployment
A+
Affordability
4.7 / 5.0
$211,500 home value, $1,224/mo rent
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher

Income Overview

Median Household Income
$60,000
20% below
US avg: $75,149
Per Capita Income
$34,675
11% below
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
15.5%
25% above
US avg: 12.4%

Income Comparison: Diamond vs. U.S. Average

Each bar shows Diamond’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,000
80%
Per Capita
US: $39,052
$34,675
89%
IRS Avg AGI
US: $72,000
$81,890
114%
Avg Weekly Wage
US: $1,432
$1,344
94%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,344
6% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
91.3%
25% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,044M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 91.3%
Public Transit 0%
Work From Home 3.8%
Other 4.9%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,204
Restaurants
130
Healthcare
145
Retail
162
Manufacturing
43

Tax & Financial

IRS Avg Adjusted Gross Income
$81,890
14% above US avg ($72,000)
Avg Property Tax
$6,618
89% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,000
Per Capita Income$34,675
IRS Avg Adjusted Gross Income$81,890
Avg Weekly Wage$1,344
County GDP$6,044M

Hardship Indicators

Unemployment Rate0.5%
Poverty Rate15.5%
Gini Coefficient0.396
Cost of Living Index100.0

Commute

Mean Commute27 minutes
Drive Alone91.3%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments1,204
Restaurants130
Healthcare145
Retail162
Manufacturing43

Tax

IRS Avg AGI$81,890
Avg Property Tax$6,618