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Diamond Lake (Tract 012003)

Hennepin, Minnesota

FIPS 27053012003

Juniper

Diamond Lake (Tract 012003) is in the highest 38% nationally for FEMA risk score. It also sits in the lowest 4% nationally for home price growth over five years. And it sits in the highest 18% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$445,012

Higher than 63% of U.S. tracts
Home Price Growth, Past Five Years

25%

Lower than 96% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

61.7

Higher than 62% of U.S. tracts

The basics

Total Population

5,179

Median Age

34.8

Population Density

5,638.25

Home values & property tax

Median Property Tax

$4,941

Property Tax Rateyearly tax as a share of home value

1.2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.51×

Near the U.S. tracts median
Median Income

$117,841

Higher than 82% of U.S. tracts
Median Rent

$1,262

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

3.4%

Near the U.S. tracts median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

18%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

20%

Climate & weather

Summer Avg High (°F)

81

Winter Avg Low (°F)

12.2

Avg Temperature (°F)

46.9

Hot Days/yr (>90°F)

12.5

Freezing Days/yr (<32°F)

147.3

Annual Precipitation (in)

34.6

Annual Snowfall (in)

51.2

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

61.7

Higher than 62% of U.S. tracts

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Diamond Lake (Tract 012003): frequently asked questions

What is the typical home value in Diamond Lake (Tract 012003)?
The estimated median home value in Diamond Lake (Tract 012003) today is $445,012, higher than 63% of U.S. tracts.
How much is property tax in Diamond Lake (Tract 012003)?
The median annual property tax in Diamond Lake (Tract 012003) is $4,941, an effective rate of 1.2% of home value.
Is Diamond Lake (Tract 012003) expensive to live in?
Homes in Diamond Lake (Tract 012003) cost about 3.51× the median household income, near the U.S. tracts median.
What is the average rent in Diamond Lake (Tract 012003)?
The median gross rent in Diamond Lake (Tract 012003) is $1,262 a month, near the U.S. tracts median.
How much have home prices grown in Diamond Lake (Tract 012003)?
Home prices in Diamond Lake (Tract 012003) have moved 25% over the past five years (3.4% in the past year), per the FHFA House Price Index.
How many people live in Diamond Lake (Tract 012003)?
Diamond Lake (Tract 012003) has a population of 5,179, about 5,638.25 people per square mile, per the U.S. Census American Community Survey. The median age is 34.8.
What is the weather like in Diamond Lake (Tract 012003)?
Diamond Lake (Tract 012003) averages 46.9°F year-round, summer highs near 81°F, winter lows around 12.2°F (NOAA 1991–2020 normals). It sees about 51.2 inches of snow a year.
Is Diamond Lake (Tract 012003) at risk of flooding or natural disasters?
Diamond Lake (Tract 012003)'s FEMA National Risk Index score is 61.7 (higher than 62% of U.S. tracts). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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