County profile
Colfax County, NM
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
BEA · 2024
GDP growth (YoY)
+2.4%
BEA · 2024
Jobs tracked
3,329
Census CBP · 2023
Employers
372
Census CBP · 2023
Avg. wage
$42.0k
BLS QCEW · 2023
Population
12,184
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$53.6k±$3.1k
Bachelor's degree+
25.4%±3.1%
Poverty rate
18.2%±3.2%
Business applications
155 · 2025
Retail establishments
74
60.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$461.4M2019
$462.6M2020
$512.6M2021
$559.8M2022
$608.6M2023
$623.5M2024
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
2022016
2142017
2112018
2192019
2382020
2682021
3282022
3212023
3502024
3452025
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 GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Colfax?
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.