Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.4 yrs |
|---|---|
| Avg HH Size | 3.19 |
| Below Poverty | 1.0% ▼ 90% below avg |
| College Grads | 64.7% ▲ 67% above avg |
| Unemployment | 1.9% ▼ 60% below avg |
| No HS Diploma | 1 (0.3%) |
| HS Graduate | 43 (14.3%) |
| Some College | 22 (7.3%) |
| Associates | 40 (13.3%) |
| Bachelors | 62 (20.7%) |
| Graduate Degree | 132 (44%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,934 ▲ 24% above avg |
|---|---|
| Median Home Value | $258,700 ≈ Avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Total Housing Units | 171 |
| Vacant Units | 20 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Colfax is a city in North Dakota, located in Richland County. The city spans 1 ZIP code and is home to approximately 481 residents. It is a middle-aged city, with a median age of 40.4 years.
Economically, Colfax is a middle-income community. The median household income of $94,934 is above the national average. Approximately 1.0% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Colfax is a mid-range housing market. Median home values stand at $258,700, which is near the national average. Homeownership is high at 93.4%, typical of suburban and family-oriented communities.
The population of Colfax is highly educated. 64.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (70.89%).
Colfax, ND offers residents above-average earning potential within North Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 58018 | 481 | $94,934 | $258,700 | — | 1.9% | 64.7% | 93.4% |