Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.1 yrs |
|---|---|
| Avg HH Size | 2.78 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 36.2% ≈ Avg |
| Unemployment | 3.7% ▼ 25% below avg |
| No HS Diploma | 10 (0.5%) |
| HS Graduate | 582 (30%) |
| Some College | 374 (19.3%) |
| Associates | 271 (14%) |
| Bachelors | 266 (13.7%) |
| Graduate Degree | 436 (22.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,204 ▲ 20% above avg |
|---|---|
| Median Home Value | $197,400 ▼ 29% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $842/mo |
| Total Housing Units | 1,250 |
| Vacant Units | 126 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Colfax is a city in Iowa, located in Jasper County. The city spans 1 ZIP code and is home to approximately 3,179 residents. It is a relatively young city, with a median age of 36.1 years.
Economically, Colfax is a middle-income community. The median household income of $91,204 is above the national average. Approximately 10.9% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Colfax is an affordable housing market. Median home values stand at $197,400, which is below the national average. Renters typically pay around $842 per month. Homeownership is high at 79.3%, typical of suburban and family-oriented communities.
The population of Colfax is moderately educated. 36.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.05%).
Colfax, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50054 | 3,179 | $91,204 | $197,400 | $842 | 3.7% | 36.2% | 79.3% |