Colfax, IA
2,210Residents
$79,318Median household income
$789/moMedian gross rent
$178,000Median home value
33.1Median age
22%Adults with a bachelor’s degree or higher
69%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 12% 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 $32,000 a year. In Iowa that leaves roughly $2,223 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.