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Colfax, LA Real Estate


According to census data in the year 2000 there were 717 housing units in Colfax. This represents a 3% growth from 696 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 717 were located in what is classified as a rural area.

Homeownership rate in Colfax is about 63.4%. Colfax's vacancy rate, including seasonal lodging, is about 16.6%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Colfax were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom7.80%
Two Bedrooms30.40%
Three Bedrooms49%
Four Bedrooms10.50%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1971
Median Value of occupied units$41,100
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1973
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan0.70%
Simple Mortgage32.50%
Debt Free63.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%