Last updated: 2024 BLS data · Page refreshed:
Colfax has a population of 1,370 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,370 |
| Median Age | 40.0 |
| White | 85.6% |
| Black or African American | 1.8% |
| Asian | 0.2% |
| Hispanic or Latino | 3.1% |
| Other / Two or More Races | 9.3% |
The median household income in Colfax is $61,762, which is 23.4% below the national median of $80,610. The per capita income is $35,345. The poverty rate is 12.3%.
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In Colfax, 95.8% of residents age 25+ have a high school diploma or higher, and 15.7% hold a bachelor's degree or higher (2.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.8% |
| Bachelor's Degree or Higher | 15.7% |
| Graduate or Professional Degree | 2.7% |
The median home value in Colfax is $173,500, below the national median of $303,400. The median monthly rent is $698. The homeownership rate is 44.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $173,500 |
| Median Monthly Rent | $698 |
| Homeownership Rate | 44.6% |
| Vacancy Rate | 4.8% |
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