2025 Compare Cities Economy:
Colfax, IA vs Newton, IA

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Highlights
- Household income in Newton, is 32% less than it is in Colfax and is 35% below the National Average.
- Colfax unemployment rate is 4.5%.
- Newton unemployment rate is 4.5%.
 Colfax, IANewton, IAUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth30.8%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock7.4%4.6%
 Income per Cap.$36,445  Unlock$37,638
 Household Income  Unlock$51,026$69,021
 Family Median Income$80,500  Unlock$85,028
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 Est. Households By Income
 Colfax, IANewton, IAUnited States
 Income Less Than 15K  Unlock10.7%9.4%
 Income between 15K and 20K1.7%  Unlock3.8%
 Income between 20K and 30K  Unlock11.5%8.1%
 Income between 30K and 40K4.3%  Unlock8.0%
 Income between 40K and 50K  Unlock11.4%7.6%
 Income between 50K and 60K8.8%  Unlock7.2%
 Income between 60K and 75K  Unlock12.0%9.6%
 Income between 75K and 100K24.8%  Unlock12.8%
 Income between 100K and 150K  Unlock11.6%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock2.6%9.5%
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 Population By Occupation
 Colfax, IANewton, IAUnited States
 Management, business, finance15.1%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library2.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology6.9%  Unlock6.2%
 Healthcare support  Unlock2.7%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance2.4%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support24.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.0%0.6%
 Construction, extraction, maintenance/repair14.7%  Unlock8.1%
 Production, transportation, material moving  Unlock24.2%13.1%
Reviews for Colfax    1 Reviews

Over 19 years ago

The weather in Colfax, IA is very typical for the region. Winters are cold and snowy, summers are hot and very humid. But the Spring and Fall are better than  More

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Reviews for Newton    2 Reviews

Over 12 years ago

Having lived in Newton for over 23 years, I have seen the face of the community change. It hasn't always been good change, but the town has done much to try to make up  More

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Over 15 years ago

Winters here tend to be cold, with moderate amount of snowfall, starting around Nov-Dec and reaching into Mar-April. Spring generally starts out cold, but warms quickly  More

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