Colfax, NC demographics:
population, income, and more
Colfax population
How many people live in Colfax
Colfax is home to 5,230 residents, according to the most recent Census data. Gender-wise, 46.5% of Colfax locals are male, and 53.5% are female.
Age demographics
The median age in Colfax is 51, with the population distributed as follows: about 13% are children under 15, then 6.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 17.3% of the population, while another 32.3% fall into the 45 to 64 bracket. Finally, around 30.4% are 65 or older.
Racial makeup
In Colfax, 92.7% of the population are US-born citizens, while 2.9% have gained naturalized citizenship. At the same time, 4.4% of residents are non-citizens. As for race, 78.9% of locals are Caucasian, 6% are African American and 6.8% have Asian roots. There’s also a share of 3.8% that includes residents with two or more races.
Households in Colfax
A peek inside Colfax households
Colfax has 2,279 households, with an average of 2 members in each. Of these, 69.2% are families, while the remaining 30.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Colfax
The housing landscape of Colfax
Colfax's housing consists of 2,328 units, with 80.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 6.9% and offer a more compact, shared living style.
The age of buildings in Colfax
In Colfax, the median construction year is 2000. About 4.8% of homes were built before the 1940s, with another 3.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 24.4% of homes were added from 2000 to 2009, 18.7% between 2010 and 2019, and 8% are part of the newest wave of development.
Colfax occupancy rates
Out of the 2,279 occupied housing units in Colfax, 73.5% are owner-occupied, while 26.5% are lived in by tenants. Meanwhile, 2.1% of all homes on the local market sit vacant.
Colfax housing costs
Housing costs in Colfax come to a median of $1,212 per month, while tenants specifically pay a median gross rent of $2,079.
Education in Colfax
Colfax education at a glance
About 19.3% of the population in Colfax went to high school, while 18.7% pursued college studies. Another 14.9% earned an associate degree and 23.9% hold a bachelor’s. Meanwhile, 19.1% went even further, earning a master’s or doctorate.
Income in Colfax
How much people earn in Colfax
The average annual household income in Colfax was $121,536 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.2% change from the previous year. At the same time, the median income stood at $101,173, reflecting a -0.3% shift over the same period.
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 $67,119. Those with someone between 45 and 64 in charge, often well established professionally, earn $113,771 overall. Overall, 96% of the locals in this community live above the poverty line.
Employment in Colfax
Workforce and job types in Colfax
78% of the working population are employed in professional or administrative positions, while 22% are in hands-on or service-based jobs. Also, 10.6% run their own businesses, 66.4% are employed by private companies, and 14.4% work in the public sector.
Workforce demographics
Transportation in Colfax
How people get around in Colfax
What is the median and average household income in Colfax by zipcode?
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FAQs about Colfax demographics
What is the total population of Colfax?
What is the gender ratio in Colfax?
- 46.5% males (2,430 residents)
- 53.5% females (2,800 residents)
What is the median age in Colfax?
What is the age distribution of the population in Colfax?
- Under 15: 13% (681 residents)
- Ages 15-24: 6.9% (361 residents)
- Ages 25-44: 17.3% (906 residents)
- Ages 45-64: 32.3% (1,690 residents)
- Over 65: 30.4% (1,593 residents)
What is the racial and ethnic makeup of Colfax?
- White: 78.9% (4,129 residents)
- Black or African American: 6% (315 residents)
- American Indian and Alaska Native: 0.1% (3 residents)
- Asian: 6.8% (353 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 3.8% (198 residents)
- Other: 4.5% (234 residents)
What percentage of the population in Colfax are U.S.-born citizens?
How many housing units are there in Colfax?
How many households are in Colfax and what is the average household size?
What is the median household income in Colfax?
What is the job market overview for Colfax?
Job types:
- White-collar workers: 78% (2,002 residents)
- Blue-collar workers: 22% (564 residents)
Places of employment:
- Self-employed: 10.6% (273 residents)
- Private companies: 66.4% (1,705 residents)
- Governmental workers: 14.4% (371 residents)
- Not-for-profit companies: 8.5% (219 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.