Last updated: 2024 BLS data · Page refreshed:
Colfax has a population of 1,240 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,240 |
| Median Age | 41.3 |
| White | 32.7% |
| Black or African American | 55.1% |
| Hispanic or Latino | 6.7% |
| Other / Two or More Races | 5.5% |
The median household income in Colfax is $26,250, which is 67.4% below the national median of $80,610. The per capita income is $15,208. The poverty rate is 37.3%.
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In Colfax, 78.2% of residents age 25+ have a high school diploma or higher, and 9.5% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 78.2% |
| Bachelor's Degree or Higher | 9.5% |
| Graduate or Professional Degree | 0.9% |
The median home value in Colfax is $73,400, below the national median of $303,400. The median monthly rent is $499. The homeownership rate is 53.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $73,400 |
| Median Monthly Rent | $499 |
| Homeownership Rate | 53.4% |
| Vacancy Rate | 28.0% |
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