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CITY

Colfax

Indiana · 714 residents (2025 est.) · 0.37 sq mi
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The short version

Colfax has lower-than-average household income, with a median household income of $63,281. Population has grown 18% since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $130,100. At a median age of 32.7, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.7
US median: 38.9
Less educated
6% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
906
+18%since 2000
from 768 in 2000
1990 – 2025
Population density
2,449 / sq mi
+18%since 2000
from 2,076 / sq mi in 2000
US average: 281
Median age
32.7
−4%since 2000
from 34.2 in 2000
US average: 38.9

PEP 2025 EST:714 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
6647448259059851990201020202024Colfax
2024906
1990201020202024
Section 02

Income & economy

Median household income
$63,281
−19%inflation adjusted, since 2000
from $42,688 in 2000
US average: $82,259
1990 – 2024
Per capita income
$24,973
+72%since 2000
from $14,482 in 2000
US average: $44,673
Households earning $100K+
38.6%
+19.3 ptssince 2009
from 19.3% in 2009
US average: 53.3%
Poverty rate
8.2%
+0.3 ptssince 2000
from 7.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.353
−8%since 2010
from 0.384 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade32%
US avg: 9.9%
Information13.2%
US avg: 10.8%
Wholesale trade7.5%
US avg: 6.9%
Finance & insurance5%
US avg: 5.9%
Professional, scientific, technical4.1%
US avg: 5.1%
Education & health services1%
US avg: 0.9%
Arts, entertainment, food0.2%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$130,100
Unchangedinflation adjusted, since 2000
from $71,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$733
+10%inflation adjusted, since 2000
from $366 in 2000
US average: $1,442
Owner-occupied
80.2%
+3.0 ptssince 2000
from 77.3% in 2000
19.8% rent
Vacancy rate
14.1%
−3.2 ptssince 2009
from 17.3% in 2009
US average: 10.0%
Owner cost-burdened
11.2%
−15.4 ptssince 2009
from 26.6% in 2009
US average: 22.9%
Renter cost-burdened
59.4%
+31.9 ptssince 2009
from 27.5% in 2009
US average: 47.4%
Afford Score
2.1
+23%since 2000
from 1.7 in 2000
1990 – 2024
Gentrification Score
41
RELATED:See current rent listings in Colfax on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.2%(754)
Black0%(0)
Hispanic / Latino1.7%(13)
Asian0.1%(1)
Other0%
Diversity Score4.5%(34)
2024
White, non-Hispanic97.9%(887)
Black0.1%(1)
Hispanic / Latino0.2%(2)
Asian0%(0)
Other1.8%(16)
Diversity Score5.1%(47)
Diversity Score
5
+15%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
5.8%
+1.9 ptssince 2000
from 3.9% in 2000
US average: 35.6%
High school or higher
91.6%
+17.3 ptssince 2000
from 74.2% in 2000
US average: 89.6%
Graduate degree
0.7%
−0.3 ptssince 2000
from 1.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.2 min
+76%since 2000
from 16.6 min in 2000
US average: 26.5
Drive alone to work
80.4%
−5.0 ptssince 2009
from 85.4% in 2009
US average: 68.9%
Carpooled to work
7.7%
−6.1 ptssince 2009
from 13.8% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.7%
+7.9 ptssince 2009
from 0.8% in 2009
US average: 15.0%
Walked to work
2.0%
+2.0 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.2%
−1.0 ptssince 2009
from 3.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.4%
−8.6 ptssince 2011
from 13.0% in 2011
US average: 5.2%
Labor force participation
65.0%
−2.7 ptssince 2011
from 67.7% in 2011
US average: 63.5%
Self-employed
3.8%
−3.8 ptssince 2009
from 7.6% in 2009
US average: 13.1%
Management & professional
16.1%
−41.0 ptssince 2009
from 57.1% in 2009
US average: 42.5%
Section 08

People & community

Male
51.3%
+8.1 ptssince 2009
from 43.3% in 2009
Female
48.7%
−8.1 ptssince 2009
from 56.7% in 2009
Foreign born
0.0%
−0.6 ptssince 2009
from 0.6% in 2009
US average: 14.1%
Veterans
6.3%
−40.2 ptssince 2009
from 46.5% in 2009
US average: 6.2%
With a disability
8.6%
−10.5 ptssince 2012
from 19.1% in 2012
US average: 13.3%
Uninsured
8.9%
−81.0 ptssince 2013
from 89.9% in 2013
US average: 8.4%
Broadband at home
75.9%
+11.0 ptssince 2017
from 64.9% in 2017
US average: 91.0%
English only at home
100.0%
+0.4 ptssince 2016
from 99.6% in 2016
US average: 77.7%
Spanish at home
0.0%
−0.4 ptssince 2016
from 0.4% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Colfax to nearby cities

COLFAX VS
Frankfort
Income$57,412−9%
Home value$138,600+7%
Population16,837+2258%
SEE FULL COMPARISON →
COLFAX VS
Lebanon
Income$65,154+3%
Home value$195,600+50%
Population17,913+2409%
SEE FULL COMPARISON →
COLFAX VS
Crawfordsville
Income$55,033−13%
Home value$134,000+3%
Population16,699+2239%
SEE FULL COMPARISON →
COLFAX VS
Lafayette
Income$53,716−15%
Home value$172,800+33%
Population71,238+9877%
SEE FULL COMPARISON →
Frequently asked

How many people live in Colfax, Indiana?

Colfax, Indiana has about 906 residents according to the 2024 American Community Survey.

What is the median household income in Colfax, Indiana?

The typical household in Colfax, Indiana earns about $63,281 a year. Half of households make more than that, and half make less.

Is Colfax, Indiana expensive?

In Colfax, Indiana, the median home is worth about $130,100, and the typical rent is about $733 a month.

How educated are people in Colfax, Indiana?

About 5.8% of adults age 25 and over in Colfax, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Colfax, Indiana?

About 8.2% of people in Colfax, Indiana live below the federal poverty line.

Has Colfax, Indiana grown since 1990?

Yes, Colfax, Indiana has grown since 1990. The population has added about 188 residents, a change of about 26 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →