Colfax, WI
Population 1,344 · Wisconsin
About Colfax, WI
Colfax is a small community in Wisconsin with a population of 1,344 residents. The median household income is $59,842 per year, which is near the national average. The median age in Colfax is 40 years.
Housing in Colfax has a median home value of $157,000 and median monthly rent of $699. Of the 656 total housing units, renting is more common than owning, with 274 owner-occupied and 352 renter-occupied units.
The unemployment rate in Colfax is 10.0% and the poverty rate is 13.8%. 13.6% of residents hold a bachelor's degree or higher. The average commute time is 27.7 minutes.
Cost of Living in Colfax, WI
Compared to national averages, Colfax has a median household income of $59,842 (20% below the national median of $75,149). Home values average $157,000, which is 36% below the national median. Monthly rent at $699 is 40% below the US average of $1,163. Within Wisconsin, Colfax's income is 18% below the state average of $72,579, and home values are 24% below the state median of $205,802.
Why Live in Colfax, WI?
Colfax offers affordable housing with a median home value of $157,000, below the US average of $244,900, and rent that’s lower than the national average at $699/month.
Potential considerations include median household income ($59,842) 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 1,344 with a median age of 40 years. Compare Colfax with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Colfax
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lauderdale Lakes | 1,337 | $83,698 | $313,800 | Compare |
| Gillett | 1,333 | $55,323 | $110,800 | Compare |
| Cornell | 1,331 | $60,667 | $142,100 | Compare |
| Grantsburg | 1,359 | $40,625 | $139,600 | Compare |
| Loyal | 1,361 | $63,750 | $114,700 | Compare |
| Hillsboro | 1,324 | $63,750 | $146,600 | Compare |
| Edgar | 1,366 | $61,442 | $165,900 | Compare |
| Theresa | 1,320 | $70,959 | $160,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colfax
What is the population of Colfax, WI?
The population of Colfax, WI is 1,344 according to the latest Census data.
What is the median household income in Colfax?
The median household income in Colfax, WI is $59,842 per year.
What is the median home value in Colfax?
The median home value in Colfax, WI is $157,000.
What is the average rent in Colfax?
The median monthly rent in Colfax, WI is $699.
What is the unemployment rate in Colfax?
The unemployment rate in Colfax, WI is 10.0%.