The Town FilesDiamond Ridge, Alaska
Community in Kenai Peninsula Borough · population 1,330 (2020 Census)
- Median home
- $344,400
- Household income
- $87,500
- Jan low / Jul high
- 18° / 61°
- Snow a year
- 101 in
- Tornadoes ≤10 mi since 1950
- 0
- Median age
- 41.5
Diamond Ridge is a community of 1,330 people in Kenai Peninsula Borough, Alaska. The median home is worth $344,400, above the typical Alaska town ($289,500). It ranks better for families than 100% of Alaska towns, more upscale than 97% of Alaska towns, better for a vacation home than 97% of Alaska towns.
How Diamond Ridge ranks
Percentile among Alaska towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Alaska towns.
Homes and cost of living
The median home in Diamond Ridge is worth $344,400, above the typical Alaska town ($289,500). Homes cost about 3.9 times the median household income of $87,500, which is more affordable than 29% of Alaska towns. Median rent is $1,273 a month. 90.9% of households own their home.
| Housing | Diamond Ridge | Typical Alaska town |
|---|---|---|
| Median home value | $344,400 | $289,500 |
| Median rent | $1,273 | $1,146 |
| Median household income | $87,500 | $78,155 |
| Home value ÷ income | 3.9× | 3.3× |
| Homeownership | 90.9% | 72.6% |
| Median year built | 1993 | 1989 |
| Seasonal / vacation homes | 11.8% | — |
Who lives in Diamond Ridge
| People | Diamond Ridge | Typical Alaska town |
|---|---|---|
| Median age | 41.5 | 37.2 |
| Age 65 and over | 19.7% | 13.2% |
| Under 18 | 23.3% | — |
| Bachelor's degree or higher | 39.8% | 22.4% |
| Below the poverty line | 3.9% | 11.9% |
| Veterans | 6.3% | — |
| Born outside the U.S. | 3.2% | — |
| Work from home | 17.9% | 7.4% |
| Average commute | 23.0 min | 12.5 min |
| Homes with broadband | 90.5% | 88.6% |
Weather in Diamond Ridge
July highs average 60.5°F and January lows 18.3°F. About 29.7 inches of rain and melted snow fall a year, with 100.6 inches of snow (typical Alaska town: 64.0 in). Expect about 0 days a year at 90°F or hotter and 189 nights at or below freezing.
Tornadoes, storms and disasters
NOAA's Storm Events Database has no tornado within 10 miles of Diamond Ridge since 1950.
Severe weather in Kenai Peninsula Borough since 1996
Kenai Peninsula Borough has been included in 20 federal disaster or emergency declarations since 1953, most often for fire, flood, freezing.
| Declared | Incident | Declaration |
|---|---|---|
| July 26, 2022 | Mud/Landslide | DR-4661: Landslide |
| January 15, 2022 | Severe Storm | DR-4638: Severe Storms, Straight-Line Winds, Flooding, Landslides, And Mudslides |
| April 9, 2020 | Biological | DR-4533: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3446: Covid-19 |
| January 31, 2019 | Earthquake | DR-4413: Earthquake |
Jobs and pay in Kenai Peninsula Borough
Kenai Peninsula Borough had 21,474 jobs in 2024, paying an average of $62,398 a year. Unemployment was 4.7% in 2023; in Diamond Ridge itself the ACS puts it at 2.3%.
Towns near Diamond Ridge
- Kachemak, AK4.6 mi · 576 people · home $450,000
- Homer, AK4.6 mi · 5,522 people · home $388,400
- Anchor Point, AK6.7 mi · 2,105 people · home $241,600
- Fritz Creek, AK9.7 mi · 2,248 people · home $344,100
- Happy Valley, AK13.6 mi · 713 people · home $253,600
- Fox River, AK23.0 mi · 644 people · home $371,900
- Ninilchik, AK25.4 mi · 845 people · home $254,400
Diamond Ridge questions
Is Diamond Ridge, Alaska a good place to retire?
On The Town Files lifestyle rankings, Diamond Ridge scores better for retirees than 82% of Alaska towns and quieter than 37%. 19.7% of residents are 65 or older (median age 41.5).
How much does a house cost in Diamond Ridge?
The median owner-occupied home in Diamond Ridge is valued at $344,400 (Census ACS 2020–2024), against a median household income of $87,500, so homes cost about 3.9 times income. Median rent is $1,273 a month.
What is the weather like in Diamond Ridge?
July highs average 60.5°F and January lows 18.3°F (NOAA 1991–2020 normals). It gets about 29.7 inches of precipitation a year and 100.6 inches of snow.
Does Diamond Ridge get tornadoes?
No tornado has been recorded within 10 miles of Diamond Ridge in NOAA's Storm Events Database since 1950.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)