Last updated: 2024 BLS data · Page refreshed:
Colfax has a population of 2,708 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,708 |
| Median Age | 39.4 |
| White | 82.8% |
| Black or African American | 0.7% |
| Asian | 1.0% |
| Hispanic or Latino | 15.2% |
The median household income in Colfax is $61,914, which is 23.2% below the national median of $80,610. The per capita income is $34,825. The poverty rate is 15.1%.
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In Colfax, 93.9% of residents age 25+ have a high school diploma or higher, and 32.3% hold a bachelor's degree or higher (11.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.9% |
| Bachelor's Degree or Higher | 32.3% |
| Graduate or Professional Degree | 11.8% |
The median home value in Colfax is $245,300, below the national median of $303,400. The median monthly rent is $946. The homeownership rate is 65.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $245,300 |
| Median Monthly Rent | $946 |
| Homeownership Rate | 65.0% |
| Vacancy Rate | 10.9% |
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