Colfax, California.
Typical home $496,635 (+2.5% in a year), asking rent $2,525 . Sacramento-Roseville-Folsom, CA metro.
to buy the typical home at today's mortgage rate — +$1,115 (+75%) since Jan 2020.
- 1 year
- Up $11,948 +2%
- $484,687$496,635 since Sep 2025
- 5 years
- Down $12,821 -3%
- $509,456$496,635 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Colfax$2,607
- California$3,997
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Colfax, CA rose 2.5% over the past year — faster than the nation's +1.2%.
Living in Colfax, Placer County, California
Colfax is a city of 1,995 people in Placer County. Half its households earn more than $72,788 a year and half less, against $115,998 across Placer County; 13% of its people live below the poverty line. 45% of its homes are lived in by their owners and 55% are rented. Unemployment in Placer County was 4.5% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Colfax is a small city in Placer County, with a population that has stayed modest and a median age younger than many foothill towns. Incomes here are well below the county's, and fewer households own their homes than across the county, so renting is common. Winters are cold, with some snow, and summers turn hot and dry; the year brings a good deal of rain and melted snow.
Work. Many residents work in schools, hospitals and social care, followed by government, the building trades, and professional and business services. Across Placer County, some of the largest workplaces are Sutter Roseville Medical Center and the California Department of Transportation's local facilities. Fewer adults hold a four-year degree than in many nearby communities, a fair number work from home, and the typical commute is a moderate drive.
Things to do. Empire Mine State Historic Park, a protected area tied to the region's gold-mining past, is a short drive away. Sugar Pine Reservoir, also a short drive away, offers a quiet reservoir setting. For a longer outing, Auburn State Recreation Area is a protected area along the river canyons, and Marshall Gold Discovery State Historic Park marks the place where the gold rush began.
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- 1,018households
- 24%of adults have a degree
- 13%below the poverty line
- 26 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Placer County had 188,212 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 54° and lows near 36°; warmest in July, with highs near 92° and lows near 62°. About 7 inches of snow and 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Colfax weather station, under a mile away (NOAA).
Largest workplaces in Placer County
- Sutter Roseville Medical CenterGeneral hospital2,633FTE
- Thunder Valley Casino ResortHotels, resort, with casinos2,232
- KFH - RosevilleGeneral hospital2,038FTE
- 24 Hour Home CareSenior citizens centers1,385
- City of Roseville Main OfficesPersonnel offices, government1,300
- Penumbra, Inc. - Roseville CampusCatheters manufacturing1,258
- Roseville City Elementary SchoolsSchool district1,143FTE
- Sierra CollegeTwo-year college1,122
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 362 workplaces with 20 or more staff, 57,395 people in all across the county; Colfax has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- AvalanchesVery high
- LandslidesRelatively moderate
- Inland floodingRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Colfax’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Placer County and the Sacramento-Roseville-Folsom, CA metro.
Colfax home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Colfax$496,635
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Colfax listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Colfax35.68%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Colfax59
New listings per month
Sellers arriving at the market.
- Colfax14
Zip codes with a Colfax address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Colfax — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.