Colfax, IN demographics:
population, income, and more

Total population
906
-2.2% year-over-year change
Median household income
$63,281/yr
2.1% year-over-year change
Housing units
377
7.1% year-over-year change

Colfax population

How many people live in Colfax

Colfax is home to 906 residents, according to the most recent Census data. Gender-wise, 51.3% of Colfax locals are male, and 48.7% are female.

Total population
906
-2.2% year-over-year change
Gender ratio
Male
51.3%
465
Female
48.7%
441
Value Percent YoY change
Male 465 51.3% -2.9%
Female 441 48.7% -1.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Colfax is 33, with the population distributed as follows: about 25.3% are children under 15, then 15.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.5% of the population, while another 19.6% fall into the 45 to 64 bracket. Finally, around 12.9% are 65 or older.

Median age
32.7
Age breakdown
Under 15
25.3%
15 to 24
15.7%
25 to 44
26.5%
45 to 64
19.6%
Over 65
12.9%
Value Percent YoY change
Under 15 229 25.3% -7.3%
15 to 24 142 15.7% -6.6%
25 to 44 240 26.5% 18.8%
45 to 64 178 19.6% -7.8%
Over 65 117 12.9% -11.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 906 100% -2.2%
Racial breakdown
White
97.9%
Black or African American
0.1%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1%
Other
1%
Value Percent
White 887 97.9%
Black or African American 1 0.1%
Two or more races 9 1%
Other 9 1%

Households in Colfax

A peek inside Colfax households

Colfax has 324 households, with an average of 3 members in each. Of these, 69.4% are families, while the remaining 30.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
324
1.2% year-over-year change
Average people per household
3
Non-family households
99
Family households
225
Value Percent YoY change
Non-family households 99 30.6% -2.0%
Family households 225 69.4% 2.7%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Colfax

The housing landscape of Colfax

Colfax's housing consists of 377 units, with 84.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.5% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.2% of the housing landscape.

Housing units
377
7.1% year-over-year change
Housing types
Value Percent
1 unit, detached 319 84.6%
1 unit, attached 2 0.5%
2 units 12 3.2%
10 to 19 units 19 5%
20 to 49 units 9 2.4%
Mobile home 16 4.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Colfax

In Colfax, the median construction year is 1952. About 44% of homes were built before the 1940s, with another 2.6% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 166 44% 4.4%
Built between 1940 and 1949 10 2.6% -16.7%
Built between 1950 and 1959 76 20.2% 15.2%
Built between 1960 and 1969 24 6.4% -22.6%
Built between 1970 and 1979 15 4% -6.2%
Built between 1980 and 1989 18 4.8% -14.3%
Built between 1990 and 1999 47 12.5% 38.2%
Built between 2000 and 2009 15 4% 87.5%
Built between 2010 and 2019 6 1.6% 20.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Colfax occupancy rates

Out of the 324 occupied housing units in Colfax, 80.2% are owner-occupied, while 19.8% are lived in by tenants. Meanwhile, 14.1% of all homes on the local market sit vacant.

Occupied housing units
324
1.2% year-over-year change
Occupancy breakdown
Renter occupied
64
Owner occupied
260
Value Percent YoY
change
Renter occupied 64 19.8% -22.9%
Owner occupied 260 80.2% 9.7%
Unoccupied housing units
14.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Colfax housing costs

Housing costs in Colfax come to a median of $822 per month, while tenants specifically pay a median gross rent of $733.

Median housing costs per month
$822/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Colfax
$733/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Colfax

Colfax education at a glance

About 59.6% of the population in Colfax went to high school, while 17.4% pursued college studies. Another 17.1% earned an associate degree and 4.3% hold a bachelor’s. Meanwhile, 0.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 6 1% 50.0%
High school diploma 377 59.6% -5.3%
College diploma 110 17.4% -13.4%
Associate degree 108 17.1% 31.7%
Bachelor's degree 27 4.3% -3.6%
Graduate degree 4 0.6% 33.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Colfax

How much people earn in Colfax

The average annual household income in Colfax was $70,734 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -7.5% change from the previous year. At the same time, the median income stood at $63,281, reflecting a +2.1% shift over the same period.

Average household income in Colfax
$70,734/year
-7.5% year-over-year change
Median household income in Colfax
$63,281/year
2.1% year-over-year change

Colfax income by age

In Colfax, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $90,234. Those with someone between 45 and 64 in charge, often well established professionally, earn $71,250 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $102,813, while those led by someone over 65, many of whom may be retired, have about $32,500 in earnings. Overall, 91.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $102,813 12.7%
25 - 44 $90,234 1.9%
45 - 64 $71,250 2.2%
Over 65 $32,500 3.5%
Above poverty level
825
Below poverty level
74
Value Percent YoY
change
Above poverty level 825 91.8% -4.6%
Below poverty level 74 8.2% 34.5%

Average renter income in Colfax

To get a better sense of what renters earn on average in Colfax, their median household income was $21,333 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 41.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$21,333
Rent-to-income ratio
41.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Colfax

Workforce and job types in Colfax

The job market in Colfax is powered by 416 working residents, spread across a range of industries and roles. 51.2% of the working population are employed in professional or administrative positions, while 48.8% are in hands-on or service-based jobs. Also, 4.8% run their own businesses, 81% are employed by private companies, and 7.4% work in the public sector.

Workforce demographics

Working population
416
2.0% year-over-year change
White collar
213
Blue collar
203
Value Percent YoY change
White collar 213 51.2% -2.3%
Blue collar 203 48.8% 6.8%
Employer type
Self employees
4.8%
Private companies
81%
Governmental workers
7.4%
Not for profit companies
6.7%
Value Percent YoY change
Self employees 20 4.8% 17.6%
Private companies 337 81% 0.0%
Governmental workers 31 7.4% -13.9%
Not for profit companies 28 6.7% 55.6%
Unemployment rate
4.4%
35.7% year-over-year change

Available workforce

The unemployment rate in Colfax stands at 4.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Colfax

How people get around in Colfax

Commuting methods vary: 88.1% of residents travel by personal vehicle and 2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 356 88.1% 2.0%
Motorcycle 5 1.2% 0.0%
Walk 8 2% -20.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Colfax by zipcode?

Zipcode Population Number of households Median income Average income
46035 1,348 482 $73,357 $77,275

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FAQs about Colfax demographics 

What is the total population of Colfax?

Colfax has a total population of 906 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -2.2% compared to a year ago.

What is the gender ratio in Colfax?

The gender ratio in Colfax is as follows:
  • 51.3% males (465 residents)
  • 48.7% females (441 residents)

What is the median age in Colfax?

The median age in Colfax is 32.7.

What is the age distribution of the population in Colfax?

The age distribution in Colfax is as follows:
  • Under 15: 25.3% (229 residents)
  • Ages 15-24: 15.7% (142 residents)
  • Ages 25-44: 26.5% (240 residents)
  • Ages 45-64: 19.6% (178 residents)
  • Over 65: 12.9% (117 residents)

What is the racial and ethnic makeup of Colfax?

The racial and ethnic makeup of Colfax is as follows:
  • White: 97.9% (887 residents)
  • Black or African American: 0.1% (1 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1% (9 residents)
  • Other: 1% (9 residents)

What percentage of the population in Colfax are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Colfax.

How many housing units are there in Colfax?

There are 377 housing units in Colfax, reflecting a +7.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Colfax and what is the average household size?

Colfax has a total of 324 households, with an average of 3 people in each.

What is the median household income in Colfax?

Colfax has a median household income of $63,281, representing a +2.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Colfax?

The employment rate is 95.6% in Colfax, with a workforce of 416 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 51.2% (213 residents)
  • Blue-collar workers: 48.8% (203 residents)

Places of employment:
  • Self-employed: 4.8% (20 residents)
  • Private companies: 81% (337 residents)
  • Governmental workers: 7.4% (31 residents)
  • Not-for-profit companies: 6.7% (28 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025