What percentage of people rent in Colfax, IN?
19.8% (±8.7 points) of the occupied homes in Colfax, IN are rented (2020–2024 American Community Survey).
That is 64 renting households against 260 that own their home.
In Colfax, the share of households that rent went from 22.9% in 2015–2019 to 19.8% in 2020–2024 (−3.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 19.8% (±8.7 points)
- Renting households
- 64 (±33)
Who rents and who owns in Colfax
| Colfax | Clinton County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 19.8% (±8.7 points) | 25.8% (±2.3 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 64 (±33) | 3,225 (±305) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 260 (±71) | 9,271 (±287) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.8 (±0.7) | 2.5 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.5) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | — | $44,781 (±$5,459) | $42,811 (±$480) | $52,966 |
| Median owner household income | $69,167 (±$14,535) | $77,938 (±$7,883) | $87,459 (±$395) | $100,009 |
In Colfax, the renter share is not measurably different from Clinton County (25.8%).
It is also lower than in Indiana (29.4%).
It is lower than the national figure (34.8%).
In Clinton County, Colfax ranks 8 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 714 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Colfax has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.9% (±8.7 points) | 19.8% (±8.7 points) | −3.1 percentage points | Not a measurable change |
| Median gross rent | $816 (±$322) | $733 (±$401) | −10.2% | No measurable change after inflation |
| Median household income | $47,679 (±$10,593) | $63,281 (±$13,286) | +32.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Colfax
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Colfax | — | 19.8% (±8.7 points) | — |
| Perry Township (Clinton County) | 2.7 mi | 10.3% (±5.0 points) | Not measurably different |
| Sugar Creek Township (Boone County) | 4.3 mi | 20.3% (±6.2 points) | Not measurably different |
| Clarks Hill | 4.8 mi | 27.3% (±17.5 points) | Not measurably different |
| Sugar Creek Township (Montgomery County) | 4.9 mi | 0.0% (±24.5 points) | Not measurably different |
| Thorntown | 5.4 mi | 33.6% (±8.2 points) | Higher |
| Washington Township (Clinton County) | 7.2 mi | 14.5% (±11.1 points) | Not measurably different |
| Lauramie Township | 7.3 mi | 12.5% (±7.9 points) | Not measurably different |
| Darlington | 8.3 mi | 20.3% (±11.6 points) | Not measurably different |
Nearby places with a measurably higher figure: Thorntown, IN (33.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Clinton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 (tie) | Michigantown | 36.6% (±13.5 points) |
| 2 (tie) | Center Township (Clinton County) | 36.6% (±4.0 points) |
| 4 | Kirklin | 25.1% (±12.1 points) |
| 5 | Rossville | 24.3% (±8.9 points) |
| 6 | Michigan Township (Clinton County) | 23.8% (±10.5 points) |
| 7 | Kirklin Township | 23.2% (±11.3 points) |
| 8 | Colfax | 19.8% (±8.7 points) |
| 9 | Owen Township (Clinton County) | 19.6% (±17.7 points) |
| 10 | Ross Township (Clinton County) | 18.4% (±7.2 points) |
| 11 | Mulberry | 17.9% (±8.9 points) |
| 12 | Forest Township | 15.9% (±15.4 points) |
| 13 | Madison Township (Clinton County) | 14.8% (±6.2 points) |
| 14 | Washington Township (Clinton County) | 14.5% (±11.1 points) |
Showing 13 of 20 places in Clinton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Colfax
How many renters are there in Colfax?
Colfax has an estimated 64 (±33) renting households, 19.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Colfax?
In Colfax, the share of households that rent went from 22.9% in 2015–2019 to 19.8% in 2020–2024 (−3.1 percentage points), not a measurable change.
How big are renting households in Colfax?
A renting household in Colfax has 1.8 people on average, against 3.0 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colfax town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colfax town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Colfax town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Colfax town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Colfax town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Colfax town, Indiana (place:14284, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Colfax at a glance
- Income and affordability in Colfax
- Home values in Colfax
- Homeowner costs in Colfax
- Property taxes in Colfax
- Types of homes in Colfax
- Age of homes in Colfax
- Heating fuel in Colfax
- Commute and cars in Colfax
- How long people stay in Colfax
- Indiana landlord and tenant rules
- Housing across Clinton County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana