Diamond, IL Community Profile: Data

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Diamond, Illinois - Basic Facts

Diamond is the common name for the community and surrounding area while the formal official name is the Village of Diamond.

It is an incorporated place (Class Code P1) located in Grundy County at latitude 41.2886 and longitude -88.2517. Grundy County is in the Central time zone (GMT -6). The elevation is 564 feet.

Camera Icon Photos of the local Diamond, IL area

Also See: Diamond, IL ZIP Codes and ZIP Code Maps

Diamond, IL Data & Demographics (As of July 1, 2014)


Total Population 2,601
Population in Households 2,601
Population in Familes 2,173
Population in Group Qrtrs 0
Population Density1 1,378
Diversity Index2 25


Total Households 967
Average Household Size 2.69
Family Households 675
Average Family Size 3


Total Housing Units 1,022 (100%)
Owner Occupied HU 694 (67.9%)
Renter Occupied HU 273 (26.7%)
Vacant Housing Units 55 ( 5.4%)
Median Home Value $188,606
Average Home Value $202,165


Median Household Income $59,647
Average Household Income $69,091
Per Capita Income $25,991
  (Compound Annual Growth Rates)


2010-2014 2014-2019
Population 0.68% 0.71%
Households 0.52% 0.51%
Families 0.21% 0.44%
Median Household Income   3.13%
Per Capita Income   2.35%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.


Diamond, IL - Peer Comparisons by Rank and Percentile

The table below compares Diamond to the other 1,367 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2014 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 # 458 67th
Population Density1 # 548 60th
Diversity Index2 # 398 71st
Median Household Income # 394 71st
Per Capita Income # 554 60th

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