According to statistics, the population in Colfax, WI amounts to 1,141, which shows growth 5% compared to the previous year. The median age of the city’s residents is 37. The average household income is $42,750, shifting growth 20% from the past year, and the average property value in Colfax, WI growth 6% to $103,600 throughout the year.
|Number Of Employees||505|
|Median Property Value||$103,600|
The average household income in Colfax, WI grew from $35,625 to $42,750 in the past year. This data is an estimate based upon 430 households in Colfax, WI . The chart below presents how household income is distributed in Colfax, WI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Colfax, WI shifted from $97,500 to $103,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Colfax, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Colfax, WI properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Colfax, WI compared to median property taxes around the country. The prevalent amount of property taxes in Colfax, WI equals $2500, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed for sale||$155,000||N/A|
|2 bed for sale||$256,966||+99.7%|
|3 bed for sale||$236,616||+69%|
|4+ bed for sale||$363,125||N/A|
During Aug 2022, the average price for an apartment in/near Colfax, WI decreased by 17% to $227,327.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $155,000 with no changes this month. Asking price for 2-bed apartment also increased by 99.7% and a place of this size will now cost you $256,966. A 3-bed apartment goes for $236,616, it increased by 69% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $363,125 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Land for sale||$170,250||N/A|
|Houses for sale||$227,327||-22.3%|
Price reports demonstrate that house price decreased by 22.3% this month making it up to $227,327.