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HomeIllinoisGrundy CountyDiamond village

Diamond village, Illinois: commercial real estate data.

Diamond village is a Census village of 2,984 people across 1.90 square miles of land, lying across Grundy County and Will County. Median household income is $73,201, 80.0 percent of occupied homes are owned.

65 sourced place values · tier FULL · 8 sections

Diamond

What Diamond is

  • Census place typevillage
  • Land area1.9 sq mi
  • Water area0 sq mi
  • Population per square mile of land1,571
  • County holding the largest share of its areaGrundy County, 63.3 percent
  • Counties this place lies inGrundy County 63.3 percent, Will County 36.7 percent

Diamond village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Diamond

How many people live in Diamond

  • Population2,984
  • Median age35.5
  • Population under 18905 plus or minus 199
  • Share under 1830.3 percent
  • Population 65 and over290 plus or minus 98
  • Share 65 and over9.7 percent plus or minus 3.0
  • Households1,137
  • Family households779
  • Share of households that are families68.5 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Diamond

Income and work in Diamond

  • Median household income$73,201 plus or minus $17,326
  • Per capita income$37,611
  • Civilian labor force1,421
  • Employed1,415
  • Unemployed6 plus or minus 12
  • Unemployment rate0.4 percent plus or minus 0.8
  • Adults 25 and over1,857
  • Adults 25 and over with a high school diploma or higher96.3 percent
  • Adults 25 and over with a bachelor degree or higher12.9 percent plus or minus 4.1
  • Adults 25 and over with a graduate degree5.1 percent plus or minus 2.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Diamond

Housing in Diamond

  • Housing units1,144
  • Occupied units1,137
  • Vacant units7 plus or minus 7
  • Vacancy rate0.6 percent plus or minus 0.6
  • Owner occupied910
  • Renter occupied227 plus or minus 84
  • Ownership rate80.0 percent
  • Median owner-occupied home value$220,200
  • Median gross rent, monthly$1,357
  • Annual rent as a share of median income22.2 percent plus or minus 5.8
  • Single family units717
  • Share single family62.7 percent
  • Units in buildings of two or more148 plus or minus 70
  • Share in buildings of two or more12.9 percent plus or minus 5.8
  • Mobile homes279 plus or minus 126
  • Median year structure built1991

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Diamond

How Diamond gets to work

  • Workers 16 and over who commute1,373
  • Commuting under 15 minutes288 plus or minus 119
  • Share commuting under 15 minutes21.0 percent plus or minus 7.8
  • Commuting 30 minutes or more628 plus or minus 182
  • Share commuting 30 minutes or more45.7 percent plus or minus 10.6
  • Drove alone86.7 percent
  • Carpooled8.9 percent plus or minus 5.4
  • Public transport0.0 percent
  • Walked0.6 percent plus or minus 1.1
  • Worked from home3.0 percent plus or minus 2.1

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Diamond

SBA 504 lending to Diamond borrowers

  • Approvals5
  • Gross approval$2,959,000
  • Average approval$591,800
  • Median approval$386,000
  • Largest approval$1,678,000
  • Jobs supported65
  • Loans with a final outcome1
  • Charged off0
  • Median term240 months
  • Distinct CDCs3

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Diamond

Flood programme status in Diamond

  • Listed NFIP communities1
  • Of those, participating1
  • NFIP community number170259
  • Currently effective map date02/15/19(M)

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Grundy County, not Diamond

Grundy County context, not Diamond figures

These are Grundy County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Diamond measurements.

  • Establishments in Grundy County1,202
  • Employment at those establishments, Grundy County17,169
  • Covered employment, Grundy County22,349
  • Average annual pay, Grundy County$69,868
  • Average weekly wage, Grundy County$1,344
  • Housing units permitted, Grundy County88
  • Of those, single family, Grundy County54
  • County product, 2024, Grundy County$6,043,605,000
  • County product change over the prior year, Grundy County4.8 percent
  • Average income of an arriving household, Grundy County$65,103

Every figure in this section is published for Grundy County as a whole and is not a measurement of Diamond. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Diamond questions, answered from the record.

How many people live in Diamond, Illinois?

2,984, in 1,137 households. Diamond village covers 1.90 square miles of land, which is 1,571 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Diamond in?

Diamond lies in more than one. By area it is 63.3 percent in Grundy County, 36.7 percent in Will County. This page sits under Grundy County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.

What is the median household income in Diamond?

$73,201. The median owner-occupied home is valued at $220,200. Median gross rent is $1,357 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Is Diamond in the National Flood Insurance Program?

Yes. Diamond appears in the FEMA Community Status Book as community 170259, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Diamond figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Grundy County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Diamond.

Is zoning published for Diamond?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.