What percentage of people rent in Colfax, IA?

31.0% (±7.1 points) of the occupied homes in Colfax, IA are rented (2020–2024 American Community Survey).

That is 262 renting households against 584 that own their home.

In Colfax, the share of households that rent went from 20.9% in 2015–2019 to 31.0% in 2020–2024 (+10.1 percentage points), a measurable increase.

Figures last updated on .

Households that rent
31.0% (±7.1 points)
Renting households
262 (±76)
Median renter income
$38,571 (±$37,086)

Who rents and who owns in Colfax

Tenure, estimate (90% margin of error)
ColfaxJasper CountyIowaUnited States
Renter-occupied share31.0% (±7.1 points)27.7% (±2.5 points)28.3% (±0.3 points)34.8%
Renting households262 (±76)4,151 (±386)372,311 (±3,635)45,017,354
Owning households584 (±82)10,859 (±416)943,396 (±5,414)84,210,142
Average renter household size2.0 (±0.6)2.1 (±0.1)2.0 (±0.0)2.3
Average owner household size2.8 (±0.3)2.5 (±0.1)2.5 (±0.0)2.6
Median renter household income$38,571 (±$37,086)$41,419 (±$5,149)$43,297 (±$758)$52,966
Median owner household income$93,158 (±$8,139)$84,915 (±$5,363)$91,638 (±$512)$100,009

In Colfax, the renter share is not measurably different from Jasper County (27.7%).

It is not measurably different from Iowa (28.3%).

It is not measurably different from the national figure (34.8%).

In Jasper County, Colfax ranks 4 of 13 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 163 of 943.

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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.9% (±6.1 points)31.0% (±7.1 points)+10.1 percentage pointsMeasurable increase
Median gross rent$714 (±$81)$789 (±$163)+10.5%No measurable change after inflation
Median household income$57,039 (±$11,787)$79,318 (±$14,017)+39.1%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

Nearest places with a published estimate, compared with Colfax
PlaceDistanceHouseholds that rentCompared with this place
Colfax—31.0% (±7.1 points)—
Valeria5.8 mi38.5% (±41.5 points)Not measurably different
Prairie City5.8 mi23.4% (±6.2 points)Not measurably different
Mingo6.4 mi25.7% (±18.3 points)Not measurably different
Mitchellville6.7 mi21.6% (±6.7 points)Not measurably different
Lambs Grove8.2 mi5.6% (±8.4 points)Lower
Newton10 mi38.5% (±4.3 points)Not measurably different
Baxter11 mi25.6% (±9.5 points)Not measurably different
Bondurant11 mi9.0% (±4.2 points)Lower

Nearby places with a measurably lower figure: Lambs Grove, IA (5.6%), Bondurant, IA (9.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Jasper County, place by place

RankPlaceHouseholds that rent
1 (tie)Newton38.5% (±4.3 points)
1 (tie)Valeria38.5% (±41.5 points)
3Kellogg37.5% (±12.0 points)
4Colfax31.0% (±7.1 points)
5Mingo25.7% (±18.3 points)
6Baxter25.6% (±9.5 points)
7Prairie City23.4% (±6.2 points)
8Lynnville22.4% (±9.0 points)
9Monroe21.9% (±7.5 points)
10Reasnor16.7% (±14.0 points)

Showing 10 of 13 places in Jasper 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.

What you can do on Seayora in Colfax

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Questions about Colfax

How many renters are there in Colfax?

Colfax has an estimated 262 (±76) renting households, 31.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Colfax?

In Colfax, the share of households that rent went from 20.9% in 2015–2019 to 31.0% in 2020–2024 (+10.1 percentage points), a measurable increase.

How big are renting households in Colfax?

A renting household in Colfax has 2.0 people on average, against 2.8 in an owned home.

How much do renters earn in Colfax?

The median renting household in Colfax, IA has an income of $38,571 (±$37,086) a year, against $93,158 for households that own their home.

Sources

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 city, Iowa (place:15060, in state:19).

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.

Request a Census API 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 .

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