Indiana / County

Moving to Diamond Lake, IN

Thinking of making a move to Diamond Lake, IN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Diamond Lake, IN

Considering a move to Diamond Lake, IN? This welcoming community of 2,500 residents offers a blend of suburban charm and convenience, with median home prices around $245,000 and average rents near $1,050. Commute times average 24 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (52% annually), ideal for families and commuters alike. Explore Diamond Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Diamond Lake, IN

Diamond Lake has a population of 2,500 residents, offering a diverse community with a median age of nearly 48 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 2% Black, and 1% Asian residents, and over 4% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,500
Density
1,100 per sq mi
Median Age
48.2
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
3.5%

Ethnic Composition

White
94.0%
Black
1.5%
Asian
0.8%
Others
3.7%

Cost Of Living

What is the average cost of living in Diamond Lake, IN?

The cost of living in Diamond Lake is higher than the national average, with a cost of living index of 89.0. Median home values are around $245,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$245,000
Gross Rent
$1,050
Monthly Electricity Charges
$120
Auto Insurance
$1,290
House Owner Cost With Mortgage
$1,300
House Owner Cost Without Mortgage
$440
State Taxes
Low: 3.23%| High: 3.23%
Cost Of Living Index
89.0
Grocery
93.2
Housing
81.4
Utilities
99.1
Transportation
85.5
Health Care
92.3
Miscellaneous
90.6

Crime

Is Diamond Lake, IN a safe place to live?

Diamond Lake is considered a safe community, with a low violent crime rate of 120 incidents per 100,000 residents and a property crime chance of 1 in 118. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Indiana.

Violent Crimes Per 100k
120
Property Crimes Per 100k
850
Crime Index
970
Chance Of Violent Crime
1 in 833
Chance Of Property Crime
1 in 118

Weather

What is the weather like in Diamond Lake, IN year-round?

Diamond Lake experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 18°F. The area receives about 37 inches of rainfall annually and enjoys sunshine on 52% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
34°F

Summer

Min
60°F
Max
84°F

Spring

Min
38°F
Max
63°F

Fall

Min
41°F
Max
66°F
Average Rainfall Inches
36.5 inches
Sunny Days Percentage
52%

Neighbors

The neighborhood boasts a healthy median household income of $58,700 and a low poverty rate of 9.5%. Over 89% of residents have at least a high school diploma, and nearly 23% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$36,000
Household Income
$58,700
Family Income
$71,000
Per Capita Income
$32,200
Income Male
$41,000
Income Female
$33,000
Poverty Rate
9.5%
Non English Speakers
3.5%
Rent
$1,050
Unemployment Rate
3.6%
Public Transport Usage
0.7%
Commute Time
23.5 minutes

Education

High School or Higher
89.1%
Bachelors or More
22.8%

Education

How are the schools in Diamond Lake, IN?

Diamond Lake offers quality education options, with public schools like Concord West Side Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Ivy Tech Community College – Elkhart Campus and Goshen College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Concord West Side Elementary School
Street
1635 W. Mishawaka Rd
Phone
574-875-6565
Students
400
Student Teacher Ratio
15.5

Private Schools

Name
Elkhart Christian Academy
Street
25943 County Road 22
Phone
574-293-1609
Students
465

Colleges

Name
Ivy Tech Community College – Elkhart Campus
City
Elkhart
State
IN
Distance
7 miles
Students
3,900
Name
Goshen College
City
Goshen
State
IN
Distance
17 miles
Students
950

Healthcare

Diamond Lake residents have access to quality healthcare, with major hospitals like Elkhart General Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Elkhart General Hospital
Address
600 East Blvd, Elkhart, IN 46514
Phone
(574) 294-2621
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
92.1%
Health Care Index
68.4

Housing Market

What is the housing market like in Diamond Lake, IN?

The local housing market is strong, with a median home price of $245,000 and an owner-occupied rate of nearly 75%. The market has seen a 4.5% appreciation over the past year, and rental vacancy rates remain moderate at 6.8%. Diamond Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$245,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
74.5%
Rental Vacancy Rate
6.8%
Home Appreciation Rate (1yr)
4.5%
New Construction Rate
1.1%
Foreclosure Rate
0.4%

DMV Information

Residents of Diamond Lake handle vehicle services through the Indiana Bureau of Motor Vehicles, conveniently located in Indianapolis. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Indiana
Department
Indiana Bureau of Motor Vehicles
Address
100 N Senate Ave, Indianapolis, IN 46204
Phone
1-888-692-6841

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Diamond Lake, IN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Diamond Lake, review the core fields on this page: population 2,500, median home value $245,000, average rent for 2 bedroom $1,050, commute time 23.5 minutes, and sunny days percentage 52%.

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