Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.5 yrs |
|---|---|
| Avg HH Size | 2.84 |
| Below Poverty | 5.9% ▼ 42% below avg |
| College Grads | 18.0% ▼ 54% below avg |
| Unemployment | 3.5% ▼ 29% below avg |
| HS Graduate | 384 (50.3%) |
| Some College | 113 (14.8%) |
| Associates | 129 (16.9%) |
| Bachelors | 76 (10%) |
| Graduate Degree | 61 (8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,446 ≈ Avg |
|---|---|
| Median Home Value | $131,700 ▼ 53% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $778/mo |
| Total Housing Units | 495 |
| Vacant Units | 32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Colfax is a city in Indiana, located in Clinton County. The city spans 1 ZIP code and is home to approximately 1,317 residents. It is a relatively young city, with a median age of 36.5 years.
Economically, Colfax is a solidly middle-class community. The median household income of $72,446 is near the national average. Approximately 5.9% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Colfax is one of the more affordable housing markets in the country. Median home values stand at $131,700, which is well below the national average. Renters typically pay around $778 per month. Homeownership is high at 79.9%, typical of suburban and family-oriented communities.
The population of Colfax is less-educated. 18.0% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (97.65%).
Colfax, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46035 | 1,317 | $72,446 | $131,700 | $778 | 3.5% | 18.0% | 79.9% |