Last updated: 2024 BLS data · Page refreshed:
Colfax has a population of 2,407 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,407 |
| Median Age | 35.8 |
| White | 79.5% |
| Asian | 1.5% |
| Hispanic or Latino | 10.1% |
| Other / Two or More Races | 8.9% |
The median household income in Colfax is $72,788, which is 9.7% below the national median of $80,610. The per capita income is $37,319. The poverty rate is 13.1%.
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In Colfax, 98.0% of residents age 25+ have a high school diploma or higher, and 23.6% hold a bachelor's degree or higher (2.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.0% |
| Bachelor's Degree or Higher | 23.6% |
| Graduate or Professional Degree | 2.9% |
The median home value in Colfax is $434,300, above the national median of $303,400. The median monthly rent is $1,553. The homeownership rate is 44.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $434,300 |
| Median Monthly Rent | $1,553 |
| Homeownership Rate | 44.6% |
| Vacancy Rate | 4.8% |
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