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Places/NM/Colfax
County profile

Colfax

United States · GDP 2024
#2244 of 3,127 US counties by GDP32nd-percentile growthmore diversified than 13% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$623.5M
GDP growth
+2.4%
Jobs tracked
3,329
Employers
372
Avg. wage
$42.0k
Population
12,184
Labor & formation
Unemployment
4.9%
Median HH income
$53.6k±$3.1k
Business applications
155 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Food & accommodation45%
Retail trade22%
Health care17%
Admin & support6%
Construction5%
Manufacturing5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
12,184
residents · 2025 · -1.4% since 2020
Income per capita $52.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+67
International migration+169
Natural change−388

GDP trend

2019–2024 · nominal
$461.4M
2019
$462.6M
2020
$512.6M
2021
$559.8M
2022
$608.6M
2023
$623.5M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$167.2k±$14.8k
Median gross rent
$729/mo±$59/mo
Vacancy rate
44.1%±2.5%
Affordability
4.0× wages
Residential permits
Census BPS
FEMA risk score
58.5
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Wildfire 98Lightning 87Winter weather 86
FHFA HOUSE PRICE INDEX · 2016–2025
202
2016
214
2017
211
2018
219
2019
238
2020
268
2021
328
2022
321
2023
350
2024
345
2025

Transport access

BTS · FAA · USACE
Nearest interstate
10.3 km
I-25
Nearest freight rail
6.8 km
Freight rail
Nearest port
797.9 km
CATOOSA FERTILIZER CO DOCKS
Nearest commercial airport
142.2 km
SAN LUIS VALLEY RGNL/BERGMAN FLD
Wage trend
BLS QCEW · 2019–2023
$42.0k
avg. annual pay · +26% since 2019
Similar US counties
nearest by GDP
Benton$623.3MLipscomb$623.7MBrown$624.0MMoore$625.1MProwers$625.3MBailey$626.0M
The read

Colfax's economy produced $623.5M in 2024, growing 2.4% year over year — slower than 68% of US counties. Its largest employment sector is food & accommodation.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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