Last updated: 2024 BLS data · Page refreshed:
Colfax has a population of 1,054 with a median age of 36.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,054 |
| Median Age | 36.3 |
| White | 94.4% |
| Black or African American | 0.6% |
| Asian | 0.3% |
| Hispanic or Latino | 2.9% |
| Other / Two or More Races | 1.8% |
The median household income in Colfax is $70,625, which is 12.4% below the national median of $80,610. The per capita income is $46,168. The poverty rate is 14.4%.
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In Colfax, 96.7% of residents age 25+ have a high school diploma or higher, and 23.3% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.7% |
| Bachelor's Degree or Higher | 23.3% |
| Graduate or Professional Degree | 5.4% |
The median home value in Colfax is $136,300, below the national median of $303,400. The median monthly rent is $875. The homeownership rate is 71.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $136,300 |
| Median Monthly Rent | $875 |
| Homeownership Rate | 71.6% |
| Vacancy Rate | 5.7% |
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