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Colfax, California

city · Placer County

At a glance

2,407
Population
$434,300
Median home value (all homes)
43% above U.S. median
$507,572
Typical market value
Zillow, 2026-07
$1,553/mo
Median rent
15% above U.S. median
$72,788
Median household income
7% below U.S. median
26.3 min
Average commute
86.2%
Homes with broadband
37.35%
Locations with fiber available
10.6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 116 — 16% above the national average. how it's computed

Housing61% above
Goods & services3% above
Utilities2% below
Taxes34% below
Insurance11% below
Commute cost41% above
For business: California is CBII band 4/5 · time to build band 5/5. See state page for the breakdown.

Living here

Nearest 4-year college27 mi
Nearest community college26 mi
Nearest technical college26 mi
High school graduates98%
College graduates23.6%

Doing business here

Economic development contacts, most local first:

county Placer County Economic development
The Office of Economic Development enhances and maintains Placer County's diverse economy and business community. Whether you're an entrepreneur with startup ideas or an established business looking to grow, Placer County has supportive services and resources to help you succeed.
state Governor's Office of Economic Development
The Governor’s Office of Business and Economic Development, or GO-Biz, serves as the State of California’s leader for job growth, economic development and business assistance efforts. It offers no-cost consultation to business owners for attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and more.
state Team California
TeamCalifornia is the go-to partner for businesses, site selectors, and communities looking to succeed in California. With our extensive network, we provide direct access to the best sites, accelerate speed-to-market, and give essential resources to streamline decision-making and drive growth.
State sales taxYes
State income taxYes
Right-to-work stateNo

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