Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Diamond, Illinois is a smaller city with a population of 2,845 residents. The majority of Diamond residents report their race to be White; this is followed by Black and Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Diamond your home, your one-way commute time will typically last around 29 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Diamond can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Illinois, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, crime, commute, health & safety and other key data points, finding the best places to live in Diamond and in the areas around Diamond is a much easier task.
Using data and statistics Diamond has received a livability score of 61/100. This score is ranked in the 41st percentile when compared to all other cities. If we examine each of the categories on their own, we see that Diamond ranks well for crime (A+), cost of living (B) and housing (B-). On a more negative note, Diamond does not have favorable ranks for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 0 crimes per 100,000 residents, Diamond has a violent crime rate that is far below the national average.
The unemployment rate in Diamond has consistently declined over the years and currently stands well below the national average at 1.1%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Diamond can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Diamond meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Diamond. Everything else becomes a lot less important if it turns out that home prices in Diamond are simply unattainable. Median real estate prices in Diamond come in at $306,928, which is 0.5% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Diamond, the home price to income ratio is 4.1, which is 17.1% higher than the Illinois average.
| Statistic | Diamond | Illinois | National |
| Average one way commute | 29min | 29min | 26min |
| Workers who drive to work | 88.8% | 73.4% | 76.4% |
| Workers who carpool | 6.2% | 8.3% | 9.3% |
| Workers who take public transit | 0.4% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.0% | 3.1% | 2.8% |
| Working from home | 3.7% | 4.4% | 4.6% |
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