The median household income in Colfax, IN in 2022 was $62,138, which was 7.5% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $42,688 in 2000 this represents an increase of 31.3%. The per capita income in 2022 was $27,053, which means an increase of 46.5% compared to 2000 when it was $14,482.
Whole page based on the data from 2000 / 2022 when the population of Colfax, Indiana was 768 / 965
Income statistics for all residents
Median household income in Colfax, IN in 2022:
Colfax:
$62,139
State:
$66,785
Change in median household income between 2000 and 2022:
Colfax, Indiana:
+45.6%
Indiana:
+60.7%
Number of households with income < $10k:
Colfax:
5.3% (16)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Colfax:
7.6% (23)
Indiana:
7.1% (193,665)
Number of households with income $20k - 30k:
Colfax:
10.9% (33)
Indiana:
7.8% (213,166)
Number of households with income $30k - 40k:
Colfax:
5.3% (16)
State:
8.5% (231,051)
Number of households with income $40k - 50k:
Colfax:
9.2% (28)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Colfax:
8.6% (26)
State:
7.7% (210,699)
Number of households with income $60k - 75k:
Colfax:
13.9% (42)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Colfax:
18.8% (57)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Colfax:
12.5% (38)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Colfax:
3.3% (10)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Colfax:
3.0% (9)
Indiana:
7.3% (198,086)
Number of households with income > $200k:
Colfax:
1.7% (5)
Indiana:
6.8% (184,921)
Aggregate household income in Colfax in 2022: $23,571,628
Median family income in Colfax in 2022:
Colfax:
$84,954
State:
$84,508
Number of families with income $10k - 20k:
Colfax:
1.0% (2)
Indiana:
3.8% (66,551)
Number of families with income $20k - 30k:
Colfax:
5.4% (11)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Colfax:
10.3% (21)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Colfax:
10.7% (21)
State:
7.3% (126,404)
Number of families with income $50k - 60k:
Colfax:
5.7% (11)
State:
7.4% (128,779)
Number of families with income $60k - 75k:
Colfax:
11.8% (23)
State:
10.7% (185,712)
Number of families with income $75k - 100k:
Colfax:
28.5% (57)
Indiana:
16.1% (280,434)
Number of families with income $100k - 125k:
Colfax:
14.6% (29)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Colfax:
6.2% (12)
State:
8.2% (142,241)
Number of families with income $150k - 200k:
Colfax:
3.1% (6)
State:
9.9% (171,875)
Number of families with income > $200k:
Colfax:
2.6% (5)
State:
9.5% (164,753)
Median non-family income in Colfax in 2022:
Colfax:
$24,135
Indiana:
$39,768
Change in median non-family income between 2000 and 2022:
Colfax, Indiana:
+20.7%
State:
+67.9%
Median per capita income in Colfax in 2022:
Colfax:
$27,053
State:
$35,984
Change in median per capita income between 2000 and 2022:
Colfax, Indiana:
+86.8%
State:
+76.4%
Income statistics for White residents
Median household income in Colfax, IN in 2022:
Colfax:
$62,237
State:
$70,619
Change in median household income between 2000 and 2022:
Colfax, Indiana:
+45.8%
State:
+65.2%
Number of households with income < $10k:
Colfax:
5.4% (16)
State:
4.5% (100,447)
Number of households with income $10k - 20k:
Colfax:
7.8% (23)
State:
6.5% (144,216)
Number of households with income $20k - 30k:
Colfax:
10.8% (32)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Colfax:
5.4% (16)
Indiana:
8.1% (179,206)
Number of households with income $40k - 50k:
Colfax:
9.5% (28)
State:
8.1% (178,985)
Number of households with income $50k - 60k:
Colfax:
8.5% (25)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Colfax:
14.2% (42)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Colfax:
18.6% (55)
Indiana:
14.6% (323,007)
Number of households with income $100k - 125k:
Colfax:
11.9% (35)
State:
10.6% (235,112)
Number of households with income $125k - 150k:
Colfax:
3.1% (9)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Colfax:
3.1% (9)
State:
7.7% (170,750)
Number of households with income > $200k:
Colfax:
1.7% (5)
Indiana:
7.3% (160,805)
Aggregate household income in Colfax in 2022: $22,954,491
Median family income in Colfax in 2022:
Colfax:
$84,496
State:
$88,109
Number of families with income $10k - 20k:
Colfax:
1.1% (2)
Indiana:
3.3% (47,383)
Number of families with income $20k - 30k:
Colfax:
5.6% (11)
State:
4.2% (60,156)
Number of families with income $30k - 40k:
Colfax:
10.4% (20)
State:
5.8% (82,106)
Number of families with income $40k - 50k:
Colfax:
10.9% (21)
State:
6.9% (98,385)
Number of families with income $50k - 60k:
Colfax:
5.7% (11)
State:
7.3% (104,303)
Number of families with income $60k - 75k:
Colfax:
11.9% (23)
State:
10.7% (152,202)
Number of families with income $75k - 100k:
Colfax:
28.7% (56)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Colfax:
13.9% (27)
State:
13.2% (187,178)
Number of families with income $125k - 150k:
Colfax:
6.1% (12)
Indiana:
8.6% (122,703)
Number of families with income $150k - 200k:
Colfax:
3.1% (6)
State:
10.5% (148,889)
Number of families with income > $200k:
Colfax:
2.7% (5)
Indiana:
10.1% (143,001)
Median non-family income in Colfax in 2022:
Colfax:
$24,097
State:
$41,009
Change in median non-family income between 2000 and 2022:
Colfax, Indiana:
+20.5%
Indiana:
+69.4%
Median per capita income in Colfax in 2022:
Colfax:
$27,651
State:
$38,746
Change in median per capita income between 2000 and 2022:
Colfax, Indiana:
+90.9%
State:
+82.8%
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