Wisconsin · Census place 16275
Colfax village, WI
Quick answer
Colfax village has 1,344 residents, ranking #341 of 807 places in Wisconsin. Median household income is $59,842, the median home is worth $157,000 and median gross rent runs $699 a month.
- Population
- 1,344Colfax village residents
- Median household income
- $59,842Past 12 months, inflation adjusted
- Median home value
- $157,000Owner-occupied units
- Median gross rent
- $699Rent plus utilities, monthly
- Median age
- 40 yrsAll residents
- Homeownership rate
- 43.8%Owner-occupied households
What the numbers mean in Colfax village
Housing cost measured against local earnings.
A household earning the Colfax village median would spend about 14% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 43.8% 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 Wisconsin.
- Edgar village 1,366
- Loyal city 1,361
- Grantsburg village 1,359
- Lauderdale Lakes CDP 1,337
- Gillett city 1,333
- Cornell city 1,331
- Hillsboro city 1,324
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