HomeCaliforniaPlacer CountyColfax city
Colfax city, California: commercial real estate data.
Colfax city is a Census city of 2,407 people across 1.41 square miles of land, in Placer County. Median household income is $72,788, 44.6 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $1.2 m.
76 sourced place values · tier FULL · 8 sections
Colfax
What Colfax is
- Census place typecity
- Land area1.41 sq mi
- Water area0 sq mi
- Population per square mile of land1,712 plus or minus 378
- County holding the largest share of its areaPlacer County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
How many people live in Colfax
- Population2,407 plus or minus 532
- Median age35.8
- Population under 18703 plus or minus 222
- Share under 1829.2 percent plus or minus 6.6
- Population 65 and over308 plus or minus 101
- Share 65 and over12.8 percent plus or minus 3.1
- Households1,018
- Family households573 plus or minus 144
- Share of households that are families56.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
Income and work in Colfax
- Median household income$72,788
- Per capita income$37,319
- Civilian labor force1,138 plus or minus 259
- Employed1,017 plus or minus 261
- Unemployed121 plus or minus 100
- Unemployment rate10.6 percent plus or minus 8.4
- Adults 25 and over1,575
- Adults 25 and over with a high school diploma or higher98.0 percent plus or minus 26.9
- Adults 25 and over with a bachelor degree or higher23.6 percent plus or minus 9.4
- Adults 25 and over with a graduate degree2.9 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
Housing in Colfax
- Housing units1,069
- Occupied units1,018
- Vacant units51 plus or minus 48
- Vacancy rate4.8 percent plus or minus 4.4
- Owner occupied454 plus or minus 121
- Renter occupied564 plus or minus 142
- Ownership rate44.6 percent plus or minus 9.0
- Median owner-occupied home value$434,300
- Median gross rent, monthly$1,553
- Annual rent as a share of median income25.6 percent plus or minus 5.5
- Single family units621 plus or minus 136
- Share single family58.1 percent
- Units in buildings of two or more357 plus or minus 105
- Share in buildings of two or more33.4 percent plus or minus 8.1
- Mobile homes57 plus or minus 52
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
How Colfax gets to work
- Workers 16 and over who commute845 plus or minus 243
- Commuting under 15 minutes215 plus or minus 124
- Share commuting under 15 minutes25.4 percent plus or minus 12.7
- Commuting 30 minutes or more287 plus or minus 99
- Share commuting 30 minutes or more34.0 percent
- Drove alone80.1 percent
- Carpooled4.9 percent plus or minus 6.8
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.8
- Worked from home13.8 percent plus or minus 7.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
SBA 7(a) lending to Colfax borrowers
- Approvals8
- Gross approval$1,153,000
- Average approval$144,125
- Median approval$40,000
- Ninetieth percentile approval$655,000
- Largest approval$655,000
- Jobs supported23
- Jobs per approval2.9
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS8
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colfax
SBA 504 lending to Colfax borrowers
- Approvals3
- Gross approval$1,284,000
- Average approval$428,000
- Median approval$444,000
- Largest approval$515,000
- Jobs supported36
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Placer County, not Colfax
Placer County context, not Colfax figures
These are Placer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Colfax measurements.
- Establishments in Placer County12,180
- Employment at those establishments, Placer County167,628
- Covered employment, Placer County186,942
- Average annual pay, Placer County$72,804
- Average weekly wage, Placer County$1,400
- Housing units permitted, Placer County3,713
- Of those, single family, Placer County2,828
- County product, 2024, Placer County$34,304,249,000
- County product change over the prior year, Placer County5.2 percent
- Average income of an arriving household, Placer County$116,341
Every figure in this section is published for Placer County as a whole and is not a measurement of Colfax. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Colfax questions, answered from the record.
How many people live in Colfax, California?
2,407, in 1,018 households. Colfax city covers 1.41 square miles of land, which is 1,712 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Colfax in?
Placer County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Colfax?
$72,788. The median owner-occupied home is valued at $434,300. Median gross rent is $1,553 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Colfax businesses?
8 7(a) approvals totalling $1.2 m, across 2 lenders, median approval $40,000, plus 3 504 approvals worth $1.3 m. These count approvals to borrowers whose address is in Colfax, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Colfax borrowers get paid back?
No rate is published for Colfax. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Colfax figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Placer County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Colfax.
Is zoning published for Colfax?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.