Diamond Ridge, AK is a small city located in the Matanuska-Susitna Borough. It is well known for its excellent quality of life, with 2 bedroom rent costing $1,150 which is much lower than the US average of $1,430. Additionally, living in Diamond Ridge is cheaper than other parts of the country as the Grocery Cost Index here comes in at 124 compared to 100 in the US. The city has several local businesses including Trolley Stop restaurant and Getaway Bar and Grill. Diamond Ridge also hosts many outdoor activities such as fishing and hiking, making it an ideal place to live for people who want to enjoy nature while still having access to all the amenities of urban living.
Diamond Ridge has an unemployment rate of 8.9%. The US average is 6.0%.
Diamond Ridge has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Diamond Ridge
- The Sales Tax Rate for Diamond Ridge is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Diamond Ridge is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Diamond Ridge
- The average income of a Diamond Ridge resident is $39,787 a year. The US average is $37,638 a year.
- The Median household income of a Diamond Ridge resident is $90,208 a year. The US average is $69,021 a year.