HomeIowaJasper CountyColfax
Colfax, Iowa: commercial real estate data.
Colfax 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 since FY2020.
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$587,500
- Largest approval$825,000
- Jobs supported7
- Jobs per approval3.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises50.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Colfax, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colfax
Flood risk in Colfax
- NFIP communityCity of Colfax
- NFIP community number190163
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/05/18(M)
The City of Colfax participates in the National Flood Insurance Program as community 190163 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Jasper County, not Colfax
Jasper County context, not Colfax figures
- Establishments in Jasper County767
- Covered employment, Jasper County10,453
- Average annual pay, Jasper County$49,910
- Housing units permitted, Jasper County15
Every figure in this section is published for Jasper County as a whole and is not a measurement of Colfax.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $1.2 m since FY2020, across 2 lenders, median approval $587,500. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Colfax in the National Flood Insurance Program?
Yes. Colfax appears in the FEMA Community Status Book as Colfax, city of, community 190163, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Colfax figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
Nearby