Economy & Jobs — Colfax, Indiana

Income & Employment

Median Household Income (Census)$63,281
Estimated 2026~$70,600
Per Capita Income$28,968
Poverty Rate8.2%
Unemployment Rate4.4%
In Labor Force422

Top Industries

IndustryShare
Manufacturing26.4%
Education Healthcare25.1%
Retail10.6%

Local Businesses (County)

TypeCount
Fast Food24
Physician Offices22
Full Service Restaurants18
Insurance Agencies17
Gas Stations14
Auto Repair11
General Merchandise10
Dental Offices10
Used Car Dealers9
Commercial Banks8
Law Offices6
Liquor Stores5
Grocery Stores4
Electronics Stores4
Accounting Firms4
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.