Living in Colfax, California
Cost of living, income, home prices, rent and demographics of Colfax · Census data 2020–2024
Colfax has 2,407 residents with a median age of 35.8. The median household income is $72,788 (27% lower than the California median), the median home value is $434,300, the median rent is $1,553/month.
Colfax at a glance
- Population
- 2,407
- Median age
- 35.8State: 37.9
- Median household income
- $72,788State: $99,122
- Median home value
- $434,300State: $734,700
- Median rent
- $1,553/moState: $2,036
- Homeowners
- 44.6%
- Bachelor's degree or higher
- 23.6%
- Average commute
- 26 min
Is Colfax a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 27% lower than the California median; unemployment of 10.6%; a poverty rate of 13.1%.
The weather is best in May–June and September–October.
Cost of living in Colfax
Housing is the biggest part of the cost of living. In Colfax the median home value is $434,300, 31% higher than the U.S. median. Renters pay a median of $1,553 per month, which is 32.4% of household income. Homeowners with a mortgage pay $2,231 a month in housing costs.
Colfax median household income
The median household income in Colfax is $72,788 and the income per person is $37,319. 13.1% of residents live below the poverty line (California: 12%).
Housing in Colfax: homes for sale and rent
- Housing units
- 1,069
- Owner-occupied
- 44.6%
- Renter-occupied
- 55.4%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.36
Colfax demographics
- Population
- 2,407
- Median age
- 35.8
- Under 18
- 29.2%
- 65 and older
- 12.8%
- Households
- 1,018
- Foreign-born
- 6.8%
- Veterans
- 9.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Colfax ›
Education in Colfax
23.6% of adults 25 and older in Colfax have a bachelor's degree or higher (California: 37.1%), and 2.9% have a graduate or professional degree.
Jobs and commute in Colfax
- Unemployment rate
- 10.6%State: 6.6%
- Average commute
- 26 minState: 29 min
- Work from home
- 13.8%
- Drive alone
- 80.1%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 86.2%
Colfax vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colfax | 2,407 | $72,788 | $434,300 | $1,553 |
| Alta Sierra | 7,361 | $105,603 | $563,700 | $2,254 |
| Lake of the Pines | 5,461 | $121,682 | $664,300 | $2,399 |
| Meadow Vista | 3,162 | $100,859 | $640,300 | $1,808 |
| Foresthill | 1,483 | $81,111 | $524,300 | $2,158 |
| Dutch Flat | 200 | $96,136 | $440,300 | — |
| Grass Valley | 14,113 | $51,764 | $482,200 | $1,458 |
| Alta | 656 | $96,792 | $470,000 | $1,083 |
| Nevada City | 3,172 | $75,792 | $677,400 | $1,411 |
More for people moving to Colfax
Colfax ZIP code ›Weather and climate ›Living in Colfax: FAQ
What is the median household income in Colfax, CA?
The median household income in Colfax is $72,788, 27% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Colfax?
The median home value in Colfax is $434,300, compared with $734,700 in California.
How much is rent in Colfax?
The median gross rent in Colfax is $1,553 per month, about 32.4% of household income.
Is Colfax, CA a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 26 minutes. Minuses: median household income 27% lower than the California median; unemployment of 10.6%; a poverty rate of 13.1%.
What is the median age in Colfax?
The median age in Colfax is 35.8 years (California: 37.9).
How long is the commute in Colfax?
The average commute to work in Colfax is 26 minutes; 13.8% of workers work from home.
What is the unemployment rate in Colfax?
The unemployment rate in Colfax is 10.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colfax?
23.6% of adults in Colfax have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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