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ZipNumbers

Illinois · Census place 19837

Diamond village, IL

Quick answer

Diamond village has 2,900 residents, ranking #432 of 1462 places in Illinois. Median household income is $60,000, the median home is worth $211,500 and median gross rent runs $1,224 a month.

Population
2,900Diamond village residents
Median household income
$60,000Past 12 months, inflation adjusted
Median home value
$211,500Owner-occupied units
Median gross rent
$1,224Rent plus utilities, monthly
Median age
36.2 yrsAll residents
Homeownership rate
79.2%Owner-occupied households

What the numbers mean in Diamond village

Housing cost measured against local earnings.

A household earning the Diamond village median would spend about 24.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.1% of residents and 79.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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