HomeIowaJasper CountyColfax city
Colfax city, Iowa: commercial real estate data.
Colfax city is a Census city of 2,210 people across 2.56 square miles of land, in Jasper County. Median household income is $79,318, 69.0 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.2 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Colfax
What Colfax is
- Census place typecity
- Land area2.56 sq mi
- Water area0.23 sq mi
- Population per square mile of land863
- County holding the largest share of its areaJasper 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
- Population2,210
- Median age33.1
- Population under 18650 plus or minus 159
- Share under 1829.4 percent plus or minus 5.9
- Population 65 and over352 plus or minus 95
- Share 65 and over15.9 percent plus or minus 3.7
- Households846
- Family households576
- Share of households that are families68.1 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$79,318
- Per capita income$36,825
- Civilian labor force1,069
- Employed1,026
- Unemployed43 plus or minus 37
- Unemployment rate4.0 percent plus or minus 3.4
- Adults 25 and over1,469
- Adults 25 and over with a high school diploma or higher95.4 percent
- Adults 25 and over with a bachelor degree or higher22.2 percent plus or minus 5.8
- Adults 25 and over with a graduate degree6.7 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
Housing in Colfax
- Housing units911
- Occupied units846
- Vacant units65 plus or minus 51
- Vacancy rate7.1 percent plus or minus 5.5
- Owner occupied584
- Renter occupied262 plus or minus 76
- Ownership rate69.0 percent
- Median owner-occupied home value$178,000
- Median gross rent, monthly$789 plus or minus $163
- Annual rent as a share of median income11.9 percent plus or minus 3.2
- Single family units693
- Share single family76.1 percent
- Units in buildings of two or more186 plus or minus 81
- Share in buildings of two or more20.4 percent plus or minus 8.5
- Mobile homes32 plus or minus 23
- Median year structure built1953
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 commute951
- Commuting under 15 minutes367 plus or minus 114
- Share commuting under 15 minutes38.6 percent plus or minus 10.2
- Commuting 30 minutes or more321 plus or minus 94
- Share commuting 30 minutes or more33.8 percent plus or minus 8.2
- Drove alone78.1 percent
- Carpooled7.3 percent plus or minus 4.3
- Public transport0.0 percent
- Walked3.1 percent plus or minus 3.3
- Worked from home7.9 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colfax
SBA loans in Colfax (7(a))
- Approvals2
- Gross approval$1,175,000
- Average approval$587,500
- Median approval$825,000
- Ninetieth percentile approval$825,000
- Largest approval$825,000
- Jobs supported7
- Jobs per approval3.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises50.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 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.
Jasper County, not Colfax
Jasper County context, not Colfax figures
These are Jasper 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 Jasper County767
- Employment at those establishments, Jasper County7,469
- Covered employment, Jasper County10,453
- Average annual pay, Jasper County$49,910
- Average weekly wage, Jasper County$960
- Housing units permitted, Jasper County15
- Of those, single family, Jasper County11
- County product, 2024, Jasper County$1,522,980,000
- County product change over the prior year, Jasper County1.7 percent
- Average income of an arriving household, Jasper County$54,400
Every figure in this section is published for Jasper 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, Iowa?
2,210, in 846 households. Colfax city covers 2.56 square miles of land, which is 863 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?
Jasper 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?
$79,318. The median owner-occupied home is valued at $178,000. Median gross rent is $789 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?
2 7(a) approvals totalling $1.2 m, across 2 lenders, median approval $825,000. 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 0 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 Jasper 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.
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