Colfax, IN

Indiana

Colfax is a small town in Indiana with a population of 926. Residents earn $61,964 per year, which is 18% below the national average.

3.6 /5.0
B+ Good
926 Population 2,503/sq mi density
$61,964 Median Income $28,968 per capita
$114,300 Home Value $218,454 Zillow
$908 Median Rent
52°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,964 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$114,300 home value, $908/mo rent
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher
Median Income $61,964
18% lower than US avg
Home Value $114,300
59% lower than US avg
Bachelor's+ 5.9%
82% lower than US avg
Median Rent $908
22% lower than US avg
Obesity Rate 38.1%
19% higher than US avg
Unemployment 2.1%
42% lower than US avg
Poverty Rate 3.7%
70% lower than US avg

How Colfax Compares to the U.S. Average (100% = U.S. avg)

People

Population926
Median Age31.7 yrs
Density2,503/mi²
Male / Female52% / 48%
Largest GroupWhite 98%

Economy

A
Median Income$61,964
Per Capita$28,968
Unemployment2.1%
Poverty3.7%
County GDP$2,022M
Commute27 min

Housing

A+
Home Value$114,300
Rent$908
OwnershipN/A
Zillow$218,454

Crime

ViolentN/A
PropertyN/A

Health

Obesity38.1%
UninsuredN/A
Depression26.4%
Heart Disease5.4%

Climate

Avg Temp52°F
AQI41 (Good)
Rain43.3 in/yr
Elevation845 ft

Education

F
Bachelor's+5.9%
High School+93.5%
School Score6.01

Community

2024 VoteR 73% / D 25%
Commute27 min
Libraries7

Is Colfax a Good Place to Live?

Based on current data, Colfax receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Colfax offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Colfax is $61,964, 18% below the national average of $75,149. The job market is very strong with unemployment at just 2.1%. Only 3.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Colfax is $114,300, 59% below the national median — offering relatively affordable homeownership. Renters pay a median of $908 per month, below the national average — a plus for affordability. At just 1.8x median income, home prices are very affordable relative to local earnings.

Education

5.9% of residents hold a bachelor's degree, below the national average of 33.7%. 93.5% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Colfax experiences four distinct seasons with an average temperature of 52°F. Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 43.3 inches, including 24.1 inches of snow. Air quality is rated Good with a median AQI of 41.

Colfax has a population of 926 with a density of 2,503 people per square mile. The median age is 31.7 years, 19% younger than the national median of 38.9. The city is predominantly White (97.7%).

Population

926
Total Population
2,503
People / sq mi
31.7yrs
Median Age
19% below US avg
0.4mi²
Land Area

Gender Distribution

Male 51.7%
Female 48.3%

Race & Ethnicity

Colfax vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Colfax vs U.S. Average

The median household income in Colfax is $61,964, which is 18% below the national average of $75,149. The unemployment rate is 2.1% (below the 3.6% US average). 3.7% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Colfax vs U.S.

Commute Mode

Income

Median HH Income$61,964
18% below US avg
Per Capita Income$28,968
Avg Weekly Wage$1,019
IRS Avg AGI$58,630

Employment & Poverty

Unemployment2.1%
42% below US avg
Poverty Rate3.7%
70% below US avg
Establishments (County)634
County GDP$2,022M

Business (County)

Restaurants54
Healthcare59
Retail100
Manufacturing34

Tax & Cost of Living

Property Tax (IRS)$2,403
31% below US avg
Effective Tax Rate2.10%

Commute & Transportation

Commute Time27.0 min
Work from Home10.3%

Walkability

The median home value in Colfax is $114,300, 59% below the national average. Monthly rent averages $908 (22% below US avg). Zillow estimates the typical home value at $218,454.

Home Value Sources

Ownership Split

Home Values

Census Median$114,300
59% below US avg
Zillow ZHVI$218,454

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$908
22% below US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied74.1%

Property Tax

Avg Tax (IRS)$2,403
31% below US avg
Effective Rate2.10%
In Colfax, 38.1% of adults are obese (above the 32.1% national rate). 26.4% report depression. 22.7% are physically inactive.

Health Metrics: Colfax vs U.S. Average (%)

Chronic Conditions

Obesity38.1%
19% above US avg
Diabetes9.9%
Heart Disease5.4%
High Blood Pressure33.0%
Asthma11.3%
COPD6.8%
Stroke2.7%

Behaviors & Mental Health

Binge Drinking18.1%
Physical Inactivity22.7%
Depression26.4%
Mental Distress18.7%
Physical Distress12.6%

Healthcare Access

Insurance Rate93.9%
Checkup Rate78.0%
Premature Death9,709/100K

Food & Exercise

Food Environment8.6/10
Exercise Access68.8%
Healthcare Facilities59

Crime Rates: Colfax vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)5

Safety Score

Colfax has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 74°F in July. Annual precipitation is 43.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

26°F Jan (-3°C) 74°F Jul (23°C)
Annual Average51.7°F
4% below US avg
January Average26°F (-3°C)
July Average74°F (23°C)

Precipitation & Snow

Annual Rainfall43.3 inches
14% above US avg
Snowfall24.1 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation845 ft (258 m)
Area0.4 sq mi (1.0 km²)
Population Density2,503/sq mi
Coordinates40.1942°N, 86.6669°W
County FIPS18023
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 5.9% of residents hold a bachelor's degree or higher (82% below US avg). In the 2024 election, the county voted Republican by a 48-point margin.

2024 Presidential Election (County)

R 73.2%
D 25.2%

Winner: Republican by 48 points

Education

Bachelor's Degree+5.9%
82% below US avg
High School+93.5%
School Test Score6.01
F Education Grade (1.5/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density2,503/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Public Libraries7
Healthcare Facilities59
Restaurants54
Retail Stores100

Safety & Disasters

Fatal Crashes (County/yr)5

Commute & Transportation

Avg Commute27.0 min
Work from Home10.3%

Nearby Cities

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