Diamond Ridge, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

4.5 /5.0
A+ Excellent
1,338 Population 32/sq mi density
$80,417 Median Income $42,752 per capita
$312,200 Home Value $361,346 Zillow
$1,500 Median Rent 47.5% income on rent
40°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.5 / 5.0
$80,417 median income, 2.6% unemployment
A
Affordability
4.5 / 5.0
$312,200 home value, $1,500/mo rent
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher

Diamond Ridge, AK

At a Glance

Median Income
$80,417
7% above
$42,752 per capita
Home Value
$312,200
11% above
Zillow: $361,346
Median Rent
$1,500/mo
29% above
47.5% of income on rent
Bachelor's Degree+
43.6%
29% above
95.8% high school+
Unemployment
2.6%
28% below
4.6% poverty rate
Obesity Rate
30.2%
6% below
13.7% smoking rate
Avg Temperature
40°F

How Diamond Ridge Compares to the U.S. Average

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

Income
107%
Home Value
111%
Rent
129%
Poverty
37%
Bachelor's
129%
Unemployment
72%
Thin vertical line = U.S. national average (100%)

Is Diamond Ridge a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Diamond Ridge residents earn a median household income of $80,417 , which is 7% above the national average of $75,149. Per capita income is $42,752. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 4.6% of residents live below the poverty line. The area is home to 2,368 business establishments, including 314 restaurants.

Housing & Cost of Living

The median home value in Diamond Ridge is $312,200 , 11% above the national median of $281,900. Zillow estimates the typical home at $361,346. Median rent is $1,500/month, with 47.5% of renters spending more than 30% of income on housing. The cost of living index is 102.4 (100 = national average). The median home was built in 1993.

Education

43.6% of adults in Diamond Ridge hold a bachelor's degree or higher (29% above the national average). 95.8% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Diamond Ridge has an average annual temperature of 40°F (4°C). Winters average 25°F in January while summers reach 56°F in July. Annual precipitation totals 23.9 inches.

Data Overview

People

Population1,338
Median Age40.5 yrs
Density32/mi²
Male / Female49% / 51%
Foreign Born2.0%
Veterans8.2%

Economy

A+
Median Income$80,417
Per Capita$42,752
Unemployment2.6%
Poverty4.6%
County GDP$3,590M
Avg Weekly Wage$1,200

Housing

A
Home Value$312,200
Rent$1,500
Ownership93.6%
Zillow$361,346
Housing Units711
Rent Burden47.5%

Health

Obesity30.2%
Diabetes6.9%
Smoking13.7%
Heart Disease5.0%
Premature Death8,874/100K

Climate

Avg Temp40°F
Rain23.9 in/yr
Elevation880 ft

Education

A
Bachelor's+43.6%
High School+95.8%
Graduate+12.7%
School Score6.0/10

Community

2024 VoteR 56% / D 44%
Commute20 min
Broadband85.9%
Internet Speed82 Mbps
EV Stations3
Libraries11

Did You Know?

The median home in Diamond Ridge was built in 1993.
The nearest airport is Ted Stevens Anchorage International (115 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.6% of the population has a disability.
There are 314 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
91 declared natural disasters on record.