Memphis vs Colfax
Side-by-side comparison
How does Memphis, IN compare to Colfax, IN? Memphis has a population of 928 with a median household income of $116,852, while Colfax has 926 residents and a median income of $61,964. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Memphis, IN | Colfax, IN | Difference |
|---|---|---|---|
| Population | 928 | 926 | +0.2% |
| Median Age | 35.8 | 31.7 | +12.9% |
| Foreign Born % | 0% | 0% | — |
| Metric | Memphis | Colfax | Difference |
|---|---|---|---|
| Median Income | $116,852 | $61,964 | +88.6% |
| Unemployment | 0% | 3.3% | -100.0% |
| Poverty Rate | 0% | 5.9% | -100.0% |
| Bachelor's+ | 22% | 5.9% | +272.9% |
| Metric | Memphis | Colfax | Difference |
|---|---|---|---|
| Home Value | $233,600 | $114,300 | +104.4% |
| Median Rent | $1173/mo | $908/mo | +29.2% |
| Housing Units | 376 | 352 | +6.8% |