Colfax, IN
906Residents
$63,281Median household income
$733/moMedian gross rent
$130,100Median home value
32.7Median age
6%Adults with a bachelor’s degree or higher
80%Homes lived in by their owners
2.1×Home value to household income
Median rent takes about 14% of the median household income in Colfax.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $29,000 a year. In Indiana that leaves roughly $2,051 a month after tax. See the full paycheck breakdown for $30,000.
Largest places in Indiana
All cities in Indiana · Highest-paying jobs in Indiana
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.