Louisiana · Census place 16375
Colfax town, LA
Quick answer
Colfax town has 1,442 residents, ranking #232 of 489 places in Louisiana. Median household income is $28,510, the median home is worth $82,400 and median gross rent runs $582 a month.
- Population
- 1,442Colfax town residents
- Median household income
- $28,510Past 12 months, inflation adjusted
- Median home value
- $82,400Owner-occupied units
- Median gross rent
- $582Rent plus utilities, monthly
- Median age
- 35.8 yrsAll residents
- Homeownership rate
- 59.8%Owner-occupied households
What the numbers mean in Colfax town
Housing cost measured against local earnings.
A household earning the Colfax town median would spend about 24.5% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 35% of residents and 59.8% 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 Louisiana.
- Iota town 1,459
- Paincourtville CDP 1,455
- Simmesport town 1,455
- Lockport Heights CDP 1,441
- Banks Springs CDP 1,432
- Gueydan town 1,431
- Jonesville town 1,425
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More Louisiana coverage.