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Colfax County

Learn about the people, housing, costs and businesses in Colfax County County

Median Home$193,906
Median Rent$689/month
Population12,322
Leading IndustriesEducation · Healthcare · Manufacturing3% education
Home Value Growth+9.1% over 2 years
Retirees29% of residentswell above average
Homeowners72% of occupied units
Colfax County
NM

Frequently Asked Questions

What are today's mortgage rates in Colfax County?

As of today, the 30-year fixed mortgage rate for Colfax County is approximately 6.989% (7.015% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colfax County?

The median home value in Colfax County is $194k. The median monthly rent is $689. Annual property taxes average $911. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colfax County?

Home values in Colfax County have increased 9.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colfax County?

Based on a typical all-in ownership cost of $699/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colfax County is $55k/year.

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What industries drive the economy in Colfax County?

The largest employment sectors in Colfax County are public administration (21%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas