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Diamond

Learn about the people, housing, costs and businesses in Diamond, Arkansas

Median Home$153,300
Median Rent$450/month
Population762
Leading IndustriesManufacturing · Public Administration · Education3% manufacturing
Home Value Growth⬆⬆⬆+36.4% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableAffordable Market$153k median home · lower cost than 73% of the country
Diamond City
AR

Frequently Asked Questions

What are today's mortgage rates in Diamond?

As of today, the 30-year fixed mortgage rate for Diamond is approximately 6.958% (6.996% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Diamond?

The median home value in Diamond is $153k. The median monthly rent is $450. Annual property taxes average $726. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Diamond?

Home values in Diamond have increased 36.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Diamond?

Based on a typical all-in ownership cost of $685/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Diamond is $63k/year.

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What industries drive the economy in Diamond?

The largest employment sectors in Diamond are public administration (28%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.