Iowa · Census place 15060
Colfax city, IA
Quick answer
Colfax city has 2,089 residents, ranking #160 of 1026 places in Iowa. Median household income is $82,878, the median home is worth $160,500 and median gross rent runs $830 a month.
- Population
- 2,089Colfax city residents
- Median household income
- $82,878Past 12 months, inflation adjusted
- Median home value
- $160,500Owner-occupied units
- Median gross rent
- $830Rent plus utilities, monthly
- Median age
- 33.3 yrsAll residents
- Homeownership rate
- 70.9%Owner-occupied households
What the numbers mean in Colfax city
Housing cost measured against local earnings.
A household earning the Colfax city median would spend about 12% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.6% of residents and 70.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Sumner city 2,159
- Columbus Junction city 2,129
- Lamoni city 2,121
- Toledo city 2,079
- Monroe city 2,074
- Audubon city 2,069
- Dallas Center city 2,058
Keep going
More Iowa coverage.