Colfax, LA
Full City Profile · Louisiana · Grant Parish County
3.0
/5.0
B
Good
1,442
Population
968/sq mi density
$28,510
Median Income
$16,107 per capita
$82,400
Home Value
$130,479 Zillow
$582
Median Rent
31.4% income on rent
65°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$28,510 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$82,400 home value, $582/mo rent
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$82,400
71% below
US avg: $281,900
Median Rent
$582/mo
50% below
US avg: $1,163/mo
Homeownership Rate
59.8%
9% below US avg (65.4%)
Total Housing Units
724
Median year built: 1971
Home Value by Source
Census Median
$82,400
Zillow (ZHVI)
$130,479
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.8%
Owner-Occupied
40.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent:
$582/mo
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
59.8%
Complete Housing Data
Home Values
| Census Median Value | $82,400 |
| Zillow Home Value (ZHVI) | $130,479 |
Rent
| Census Median Rent | $582 |
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
Ownership & Stock
| Owner-Occupied | 59.8% |
| Renter-Occupied | 40.2% |
| Homeownership Rate | 59.8% |
| Total Housing Units | 724 |
| Median Year Built | 1971 |
| Rent Burden | 31.4% |