Colfax city, Iowa Demographics & Population 2026
As of 2026, Colfax city, Iowa has a total population of 2,089, the 160th largest city in Iowa, with a median household income of $82,878, which is 13% higher than the state average. The poverty rate is 10.6%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Colfax city Quick Facts
How Colfax city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 30 | National average: 60
Education
Educational Attainment (Adults 25+)
Colfax city Rankings in Iowa
Explore Iowa Rankings
Cities Similar to Colfax city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Monroe city | 2,074 | $81,488 | $173,500 | 19.4% | 4.3% |
| Dallas Center city | 2,058 | $88,750 | $231,100 | 27.2% | 6.0% |
| Columbus Junction city | 2,129 | $76,518 | $114,200 | 17.1% | 9.5% |
| Durant city | 1,904 | $82,563 | $202,000 | 30.9% | 7.0% |
| Walcott city | 1,895 | $82,756 | $171,800 | 19.8% | 8.6% |
Population Overview
Colfax city is a small community located in Iowa. The total population is 2,089. It ranks as the 160th most populous out of 1,018 cities and towns in Iowa.
Age Demographics
The median age in Colfax city is 33.3 years. This is 14% lower than the state median of 38.6 years. With 30.7% of the population under 18, Colfax city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Colfax city is $82,878. This is 13% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 6% higher. The poverty rate stands at 10.6%. This is 3% lower than the state poverty rate of 11.0%. The unemployment rate is 3.7%. The median home value is $160,500. Housing costs are 18% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.9x, Colfax city is one of the most affordable housing markets in the area. 70.9% of occupied housing units are owner-occupied.
Race & Ethnicity
Colfax city has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 3.0%. The Black or African American population (0.9%) is well below the state average of 3.8%. The Hispanic or Latino population (3.0%) is well below the state average of 7.0%. The Asian population (0.7%) is well below the state average of 2.4%.
Education
20.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%.
Data Sources & Methodology
All demographic data for Colfax city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Colfax city, Iowa?
Colfax city, Iowa has a population of 2,089 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Colfax city, IA?
The median household income in Colfax city is $82,878, which is 6% higher the national median of $78,538.
What is the poverty rate in Colfax city, IA?
The poverty rate in Colfax city is 10.6%. This means approximately 219 residents live below the federal poverty line.
What is the racial makeup of Colfax city, Iowa?
Colfax city's population is 94.0% White, 0.9% Black, 3.0% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Colfax city, IA?
The median home value in Colfax city is $160,500. The home-value-to-income ratio is 1.9x.
How educated is Colfax city, Iowa?
20.8% of adults (25+) in Colfax city hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.