Colfax, IA Employment - Median Household Income, Unemployment Rate

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A

15%

Income/capita NAT. AVG.

30%

Household income NAT. AVG.

54%

Unemployment NAT. AVG.

Index	Colfax	Iowa	National
Income per capita	$34,277	$28,872	$29,829
Median household income	$71,719	$54,570	$55,322
Median income owner occupied	$75,221	$66,527	$70,586
Median income renter occupied	$36,583	$30,828	$35,192
Median earnings male	$49,659	$37,409	$36,919
Median earnings female	$29,167	$25,115	$26,250
Unemployment rate	2.2%	3.1%	4.7%
Poverty level	7.9%	12.3%	15.1%

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Key findings

The income per capita in Colfax is 15% higher than the national average
The median household income in Colfax is 30% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Colfax is 54% lower than the national average
The poverty level in Colfax is 48% lower than the national average

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am i middle class

$47,807 $71,719 $143,438

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Colfax median earnings by income bracket

Colfax employment by industry

Labour Type	Male	Female
Construction industry	21.5%	21.5%
Manufacturing sector	18.0%	18.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	16.7%	16.7%
Public administration	5.0%	5.0%
Transportation, warehousing & utilities	11.1%	11.1%
Education, health & social services	8.8%	8.8%
Other	19.0%	19.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bondurant, IA	6,567	$95,259	72.2%
Carlisle, IA	4,181	$86,087	55.6%
Lambs Grove, IA	231	$83,750	51.4%
Runnells, IA	485	$83,409	50.8%
Altoona, IA	18,917	$79,482	43.7%
Colfax, IA	1,886	$71,719	29.6%

Cities with similar population

City	Population	Household Income	National Avg.
Memphis, MO	1,886	$38,173	31.0%
Saint-Narcisse, QC	1,886	n/a
Sulligent, AL	1,887	$22,159	59.9%
Wabasso Beach, FL	1,885	$97,212	75.7%
Kualapuu, HI	1,887	$44,688	19.2%
Colfax, IA	1,886	$71,719	29.6%

Source: The Colfax, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).