City profile · Indiana · Census ACS 2023

Colfax, IN

Population, income, housing, safety, climate and schools for Colfax - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

926
Residents
$61,964
Median income
$114,300
Median home
$1,007
Median rent (state)

Colfax - the verdict

Colfax ranks in the 38th percentile for household income nationally, out of every US city with at least 1,000 residents. Source: Census ACS.

38th
percentile, household income
15th
percentile, home value
20th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Colfax, IN

926 people live in Colfax, Indiana - a small town by U.S. Census Bureau ACS 2023 estimates. The typical household in Colfax brings in $61,964 a year, below the median for U.S. cities on this measure, with a poverty rate of 3.7%. Typical homes in Colfax are valued around $114,300, and the median resident age is 31.7 years. About 5.9% of adults hold a bachelor's degree or higher, while 60.8% of working-age residents are in the labor force.

Living costs in Indiana run below the national norm: on BEA's 100-equals-national-average cost index, Indiana scores 93.3 (Below Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,007 per month statewide. Monthly utility costs average around $235 across Indiana, per EIA 2023 residential energy estimates. On FEMA's National Risk Index, this area rates 30.5 out of 100 for natural-hazard exposure (Very Low).

Population

926 residents

Census ACS 2023 - Indiana

Median Household Income

$61,964 /yr

Poverty 3.7%

Cost of Living Index (state)

93.3 (US=100)

Below Average - BEA RPP 2024, Indiana average

How does Colfax compare to other US cities?

Colfax measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 38% higher than other cities
Home value 15% pricier than other cities
Median rent 20% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Colfax against every qualifying US city; each in-state rank narrows that to Indiana only. Full formula and direction notes: methodology.

Indiana-relative analysis

Bachelor's Degree or Higher places Colfax toward the bottom of Indiana's cities

Among the 850 Indiana cities PlainCities tracks with reported bachelor's degree or higher data, Colfax ranks #704 - the 17th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Colfax only against its own state's cities, not the full US field.

Median Household Income
#382 of 766
50th percentile in Indiana
Median Gross Rent
#477 of 850
43rd percentile in Indiana
Median Home Value
#496 of 771
36th percentile in Indiana
Poverty Rate
#544 of 849
35th percentile in Indiana
Bachelor's Degree or Higher
#704 of 850
17th percentile in Indiana

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Indiana only, not a livability score. See the methodology for the source and calculation.

38thIncome percentile

38th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Colfax's home value compares nationally

Median home value vs. every US city (population 1,000+)

$114,300 Among the most affordable more affordable than 85% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). This entry sits in this band. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Colfax $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Colfax, IN Colfax, IN's reported median household income shown against the U.S. national quintile-share pattern (not Colfax, IN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Colfax, IN median $61,964/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Colfax, IN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Colfax, IN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 5.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 3.7%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 60.8%

Census ACS S2301, share of working-age residents in the labor force

Population
926
Median Income
$61,964
Median Home Value
$114,300
Median Age
31.7
Poverty Rate
3.7%
Labor force participation
60.8%
Bachelor's Degree+
5.9%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
695 residents700 residents705 residents710 residents715 residents720 residents 202020212022202320242025 707 residents 714 residents ▲ +1.0%
Colfax's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
76.6%
Carpool
9.4%
Public Transit
0.0%
Walk
2.5%
Work from Home
10.3%
Other
1.2%

Based on 406 workers 16 and over.

Monthly Utility Costs

State-average estimates for Indiana - EIA 2023 residential energy data

Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Colfax sits in

Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,007/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
30.5 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Indiana

Palestine
925 people
Memphis
928 people
Gilmer Park
929 people
Goodland
923 people
Converse
912 people
Hamlet
910 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Colfax's 926 residents (Census ACS 5-Year 2023).

Cedar Flat, CA
926 people
Silverado Resort, CA
926 people
Manassa, CO
926 people
Castine, ME
926 people
Lambert, MS
926 people
Callender Lake, TX
926 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Colfax's $61,964 (Census ACS 5-Year 2023, table B19013).

Pine, AZ
$61,964 median income
Tunnel Hill, GA
$61,964 median income
Orangeville, PA
$61,964 median income
South Londonderry, VT
$61,964 median income
South Wenatchee, WA
$61,959 median income
Dennis Port, MA
$61,974 median income

Race & Ethnicity Composition

Race and ethnicity - Colfax, IN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Colfax, IN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 97.7% ETHNICITY, Hispanic or Latino (any race) 0.0% White 97.7% Black or African American 0.1% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 1.0% Two or more races 1.2% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Colfax compares to nearby Indiana cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Colfax (this city) 926 $61,964
Palestine 925 $89,924
Memphis 928 $116,852
Gilmer Park 929 $61,184
Census ACS 5-year FIPS IN OMB Bulletin 23-01

What do people ask about Colfax, IN?

What is the population of Colfax, IN? +

Colfax, IN counts 926 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Colfax, IN? +

Colfax households earn a median of $61,964 annually, based on Census ACS 2023 data.

What is the cost of living in Colfax? +

BEA does not publish a city-level cost-of-living figure for Colfax; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.

What is the median home value in Colfax, IN? +

Homes in Colfax carry a median value of $114,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.