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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

Housing Overview

Median Home Value
$114,300
59% below
US avg: $281,900
Median Rent
$908/mo
22% below
US avg: $1,163/mo
Homeownership Rate
74.1%
13% above US avg (65.4%)
Total Housing Units
318
Median year built: 1952

Home Value by Source

Census Median
$114,300
Zillow (ZHVI)
$218,454
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.1%
Owner-Occupied
25.9%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $908/mo

Affordability & Housing Stock

Rent Burden
41.9%
of renters spending 30%+ of income on housing
35% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
74.1%

Complete Housing Data

Home Values

Census Median Value$114,300
Zillow Home Value (ZHVI)$218,454

Rent

Census Median Rent$908
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied74.1%
Renter-Occupied25.9%
Homeownership Rate74.1%
Total Housing Units318
Median Year Built1952
Rent Burden41.9%