Colfax County, NE Economy


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United States / Nebraska / No Metro Area / Colfax County / Cities / Zip Codes
Colfax, NE County is a great place to live with plenty of local businesses. The cost of living in Colfax is significantly lower than the US average, making it more affordable for families. The average two bedroom rent here is $860 compared to the US renting at $1,430. Additionally, grocery costs are about 5% less than the national index score of 100. Popular local companies include Colfax Community Center, Colfax Library, and Chiro Works Family Chiropractic among many others. With a lower cost of living and excellent local businesses, Colfax is an attractive place to live.

Colfax County has an unemployment rate of 2.1%. The US average is 6.0%.

Colfax County has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Colfax County
- The Sales Tax Rate for Colfax County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Colfax County is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Colfax County
- The average income of a Colfax County resident is $23,688 a year. The US average is $28,555 a year.
- The Median household income of a Colfax County resident is $70,381 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColfax, NebraskaUnited States
  2.16
  0.0%-6.2%
  26.8%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,972$37,638
  $70,381$69,021
  $71,845$85,028
  Population by Occupation
  11.8%1.2%
  0.0%0.5%
  4.9%6.8%
  34.1%10.0%
  2.8%2.5%
  6.7%11.0%
  4.0%4.8%
  1.3%0.8%
  0.6%1.9%
  1.7%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  1.1%4.2%
  8.9%9.3%
  8.7%14.0%
  0.1%2.1%
  2.6%7.0%
  3.2%4.8%
  5.2%4.7%
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