Diamond Ridge, AK Profile: Facts & Data

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Diamond Ridge, Alaska - Basic Facts

The Diamond Ridge Census Designated Place had a population of 1,341 as of July 1, 2019.

The primary coordinate point for Diamond Ridge is located at latitude 59.6761 and longitude -151.5575 in Kenai Peninsula Borough. The formal boundaries for the Diamond Ridge Census Designated Place encompass a land area of 42.36 sq. miles and a water area of 0 sq. miles. Kenai Peninsula Borough is in the Alaska time zone (GMT -9). The elevation is 1,056 feet.

The Diamond Ridge Census Designated Place (GNIS ID: 2418553) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Diamond Ridge Census Designated Place is located within the Kenai-Cook Inlet Census Subarea of Kenai Peninsula Borough. Census subareas are statistical subdivisions of the county equivalents used in Alaska (boroughs, city and boroughs, municipalities, and census areas) and are the statistical equivalent of Micro Civil Divisions (MCDs) used in other states.


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  1. Diamond Ridge 2019 Demographic Data
  2. Growth Rates for Diamond Ridge (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alaska Research Tools (Easy Tools & Current Data)
  3. Alaska Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, borough, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Diamond Ridge, AK Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Diamond Ridge, AK Housing Affordability Index is 146
State of Alaska Housing Affordability Index is 124
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Diamond Ridge, AK Wealth Index is 129
State of Alaska Wealth Index is 106
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Boroughs / Census Areas (CA), and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Alaska COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,341 (100%)
Population in Households 1,335 (99.6%)
Population in Families 1,051 (78.4%)
Population in Group Quarters1 6 ( 0.4%)
Population Density 32
Diversity Index2 23
 

INCOME

Median Household Income $84,611
Average Household Income $100,325
Per Capita Income $42,564
Wealth Index4 129

HOUSING

Total Housing Units 725 (100%)
Owner Occupied HU 447 (61.7%)
Renter Occupied HU 122 (16.8%)
Vacant Housing Units 156 (21.5%)
Median Home Value $314,953
Housing Affordability Index3 146
 

HOUSEHOLDS

Total Households 569
Average Household Size 2.35
Family Households 370
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.04% 0.6%
Households 1.08% 0.62%
Families 1.31% 0.48%
Median Household Income   2.26%
Per Capita Income   1.76%

Diamond Ridge, AK - Peer Comparisons by Rank and Percentile

The table below compares Diamond Ridge to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 58 84th
Population Density # 135 62nd
Diversity Index # 254 29th
Median Household Income # 23 94th
Per Capita Income # 20 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.

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