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Colfax, IN

Full City Profile · Indiana · Clinton County County

2.9 /5.0
C+ Fair
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 41.9% income on rent
52°F Avg Temperature 275 sunny days/yr
123 Violent Crime/100K 5,066 property/100K
C+
Overall
2.9 / 5.0
Fair 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
Safety
1.0 / 5.0
123 violent crimes/100K
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher

Income Overview

Median Household Income
$61,964
18% below
US avg: $75,149
Per Capita Income
$28,968
26% below
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
3.7%
70% below
US avg: 12.4%

Income Comparison: Colfax vs. U.S. Average

Each bar shows Colfax’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$61,964
82%
Per Capita
US: $39,052
$28,968
74%
IRS Avg AGI
US: $72,000
$58,630
81%
Avg Weekly Wage
US: $1,432
$1,019
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,019
29% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
10.3%
32% below US avg (15.2%)
Drive Alone
76.6%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,022M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.6%
Public Transit 0%
Work From Home 10.3%
Other 13.1%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
634
Restaurants
54
Healthcare
59
Retail
100
Manufacturing
34

Tax & Financial

IRS Avg Adjusted Gross Income
$58,630
19% below US avg ($72,000)
Avg Property Tax
$2,403
31% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$61,964
Per Capita Income$28,968
IRS Avg Adjusted Gross Income$58,630
Avg Weekly Wage$1,019
County GDP$2,022M

Hardship Indicators

Unemployment Rate2.1%
Poverty Rate3.7%
Gini Coefficient0.382
Cost of Living Index93.3

Commute

Mean Commute27 minutes
Drive Alone76.6%
Public Transit0.0%
Work From Home10.3%

Businesses

Total Establishments634
Restaurants54
Healthcare59
Retail100
Manufacturing34

Tax

IRS Avg AGI$58,630
Avg Property Tax$2,403