Colfax, LA
Population 1,442 · Louisiana
About Colfax, LA
Colfax is a small town located in Louisiana with a population of 1,442 residents according to the latest US Census Bureau American Community Survey data. The median household income is $28,510 per year, which is 62% below the national median of $75,149. The median age of 35.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Colfax features a median home value of $82,400, which is 66% below the national median of $244,900. This makes Colfax one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $582, 50% below the national average of $1,163/month. Of the 738 total housing units, 60% are owner-occupied (333 units) and 40% are renter-occupied (224 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Colfax shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 35.0%, above the national average of 12.4%. Workers in Colfax have an average one-way commute time of 23 minutes.
Education & Demographics
13.0% of Colfax residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.8% White, 4.6% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
How Colfax Ranks in Louisiana
Cost of Living in Colfax, LA
Compared to national averages, Colfax has a median household income of $28,510 (62% below the national median of $75,149). Home values average $82,400, which is 66% below the national median. Monthly rent at $582 is 50% below the US average of $1,163. Within Louisiana, Colfax's income is 48% below the state average of $54,685, and home values are 47% below the state median of $156,619.
Why Live in Colfax, LA?
Colfax offers affordable housing with a median home value of $82,400, below the US average of $244,900, and rent that’s lower than the national average at $582/month, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($28,510) that falls below the national average. However, Colfax’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colfax has a population of 1,442 with a median age of 35.8 years. Compare Colfax with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Colfax
Cities in Louisiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lockport Heights | 1,441 | $91,250 | $322,900 | Compare |
| Banks Springs | 1,432 | $22,240 | $70,400 | Compare |
| Gueydan | 1,431 | $29,223 | $82,100 | Compare |
| Paincourtville | 1,455 | $61,037 | $0 | Compare |
| Simmesport | 1,455 | $26,250 | $60,100 | Compare |
| Iota | 1,459 | $42,750 | $161,400 | Compare |
| Jonesville | 1,425 | $32,639 | $80,600 | Compare |
| Bayou Gauche | 1,463 | $149,107 | $295,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Colfax With Other Cities
Frequently Asked Questions about Colfax
What is the population of Colfax, LA?
The population of Colfax, LA is 1,442 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Louisiana.
What is the median household income in Colfax?
The median household income in Colfax, LA is $28,510 per year, which is 62% below the national median of $75,149.
What is the median home value in Colfax?
The median home value in Colfax, LA is $82,400, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colfax?
The median monthly rent in Colfax, LA is $582, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Colfax?
The unemployment rate in Colfax, LA is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Colfax, LA a good place to live?
Colfax offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,442 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Colfax, LA?
13.0% of residents in Colfax aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Colfax?
Key cost-of-living indicators for Colfax, LA: median home value is $82,400 (66% below national), median rent is $582/month, and median household income is $28,510. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Colfax?
The poverty rate in Colfax, LA is 35.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Colfax, LA?
Colfax's population is 1.8% White, 4.6% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 59.6% two or more races. 0.5% of residents are foreign-born.