Colfax vs Memphis
Side-by-side comparison
How does Colfax, IN compare to Memphis, IN? Colfax has a population of 926 with a median household income of $61,964, while Memphis has 928 residents and a median income of $116,852. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Colfax, IN | Memphis, IN | Difference |
|---|---|---|---|
| Population | 926 | 928 | -0.2% |
| Median Age | 31.7 | 35.8 | -11.5% |
| Foreign Born % | 0% | 0% | — |
| Metric | Colfax | Memphis | Difference |
|---|---|---|---|
| Median Income | $61,964 | $116,852 | -47.0% |
| Unemployment | 3.3% | 0% | +330.0% |
| Poverty Rate | 5.9% | 0% | +590.0% |
| Bachelor's+ | 5.9% | 22% | -73.2% |
| Metric | Colfax | Memphis | Difference |
|---|---|---|---|
| Home Value | $114,300 | $233,600 | -51.1% |
| Median Rent | $908/mo | $1173/mo | -22.6% |
| Housing Units | 352 | 376 | -6.4% |