Diamond Ridge, AK
Population 1,338 · Alaska
About Diamond Ridge, AK
Diamond Ridge is a small town located in Alaska with a population of 1,338 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,417 per year, which is 7% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Diamond Ridge features a median home value of $312,200, which is 27% above the national median of $244,900. This positions Diamond Ridge in a moderately priced market relative to the rest of the country. Median monthly rent is $1,500, 29% above the national average of $1,163/month. Of the 699 total housing units, 94% are owner-occupied (470 units) and 6% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Diamond Ridge shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Diamond Ridge have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
43.6% of Diamond Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.7% White, 6.0% Hispanic or Latino, 0.3% Black or African American, and 1.9% Asian residents, with 2.0% of the population being foreign-born.
How Diamond Ridge Ranks in Alaska
Cost of Living in Diamond Ridge, AK
Compared to national averages, Diamond Ridge has a median household income of $80,417 (7% above the national median of $75,149). Home values average $312,200, which is 27% above the national median. Monthly rent at $1,500 is 29% above the US average of $1,163. Within Alaska, Diamond Ridge's income is 19% above the state average of $67,815, and home values are 53% above the state median of $203,729.
Why Live in Diamond Ridge, AK?
Diamond Ridge offers a strong local economy with a median household income of $80,417, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 43.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average, and short commute times averaging just 19.5 minutes.
Diamond Ridge has a population of 1,338 with a median age of 40.5 years. Compare Diamond Ridge with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Diamond Ridge
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Metlakatla | 1,338 | $69,107 | $160,500 | Compare |
| Bear Creek | 1,360 | $93,478 | $438,800 | Compare |
| Sutton-Alpine | 1,361 | $73,553 | $213,100 | Compare |
| Quinhagak | 1,302 | $48,594 | $35,000 | Compare |
| Skagway | 1,212 | $85,893 | $415,900 | Compare |
| King Cove | 1,204 | $78,125 | $110,900 | Compare |
| Lazy Mountain | 1,472 | $93,854 | $334,100 | Compare |
| Salamatof | 1,201 | $73,750 | $318,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Diamond Ridge With Other Cities
Frequently Asked Questions about Diamond Ridge
What is the population of Diamond Ridge, AK?
The population of Diamond Ridge, AK is 1,338 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alaska.
What is the median household income in Diamond Ridge?
The median household income in Diamond Ridge, AK is $80,417 per year, which is 7% above the national median of $75,149.
What is the median home value in Diamond Ridge?
The median home value in Diamond Ridge, AK is $312,200, which is 27% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Diamond Ridge?
The median monthly rent in Diamond Ridge, AK is $1,500, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Diamond Ridge?
The unemployment rate in Diamond Ridge, AK is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Diamond Ridge, AK a good place to live?
Diamond Ridge offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,338 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Diamond Ridge, AK?
43.6% of residents in Diamond Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Diamond Ridge?
Key cost-of-living indicators for Diamond Ridge, AK: median home value is $312,200 (27% above national), median rent is $1,500/month, and median household income is $80,417. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Diamond Ridge?
The poverty rate in Diamond Ridge, AK is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Diamond Ridge, AK?
Diamond Ridge's population is 0.7% White, 6.0% Hispanic or Latino, 0.3% Black or African American, 1.9% Asian, and 0.0% two or more races. 2.0% of residents are foreign-born.