The typical owner-occupied home in Blue Diamond is worth about $665,500, 53% above the Nevada median of $435,400 and 2.0 times the national median of $332,700. Owners pay a median $2,282 a year in property taxes, about 0.34% of their home's value, lower than the Nevada rate of 0.47%. The median household earns $94,821 a year, so the median home costs 7.0 times the median income (5.6 times for Nevada). 88% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Blue Diamond at a glance
| Blue Diamond | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $665,500 | $435,400 | $332,700 |
| Median property tax paid per year | $2,282 | $2,027 | $3,119 |
| Property tax as a share of value | 0.34% | 0.47% | 0.94% |
| Median household income | $94,821 | $78,260 | $80,734 |
| Homes lived in by their owners | 88% | 60% | 65% |
| Owner homes with a mortgage | 41% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,310 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 37.0% | 22.3% | 21.0% |
| Median rent | – | $1,597 | $1,413 |
| Median year homes were built | 1989 | 1996 | 1980 |
| Vacant homes | 0.0% | 9.3% | 10.1% |
| Population | 351 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Blue Diamond
At this week's average 30-year rate of 7.11%, buying the median Blue Diamond home of $665,500 with 20% down costs about $4,047 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,156, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $173,457 for the 20%-down payment. That payment is 51% of the median Blue Diamond household income of $94,821; at that income and 20% down, the 28% guideline points to a home of about $364,000.
| Down payment | $133,100 |
|---|---|
| Loan amount | $532,400 |
| Principal and interest | $3,581 |
| Property taxes (0.34% a year) | $189 |
| Homeowners insurance (our estimate, 0.5% a year) | $277 |
| PMI | $0 |
| Total per month | $4,047 |
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| Down payment | $23,292 |
|---|---|
| Loan amount | $653,446 |
| Principal and interest | $4,396 |
| Property taxes (0.34% a year) | $189 |
| Homeowners insurance (our estimate, 0.5% a year) | $277 |
| FHA mortgage insurance | $294 |
| Total per month | $5,156 |
Change the numbers in the calculator
Questions about home buying in Blue Diamond
What is the median home value in Blue Diamond?
About $665,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blue Diamond?
Homeowners pay a median $2,282 a year, which is about 0.34% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Blue Diamond?
For the median home with 20% down at 7.11%, the payment is about $4,047 a month. Keeping that under 28% of gross income takes about $173,457 a year.
More about Blue Diamond
- Mortgage Refinance in Blue Diamond
- Debt Relief in Blue Diamond
- Home Equity Loans in Blue Diamond
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data