Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Colfax

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

Median Home$268,600
Median Rent$940/month
Population1,171
Leading IndustriesTransportation · Retail · Finance & Insurance4% transportation
Home Value Growth+8.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
Colfax
WI

Frequently Asked Questions

What are today's mortgage rates in Colfax?

As of today, the 30-year fixed mortgage rate for Colfax is approximately 7.009% (7.049% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Colfax
What is the median home price in Colfax?

The median home value in Colfax is $269k. The median monthly rent is $940. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colfax?

Home values in Colfax have increased 8.8% 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?

Based on a typical all-in ownership cost of $1,136/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colfax is $84k/year.

Calculate your buying power
What industries drive the economy in Colfax?

The largest employment sectors in Colfax are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.