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Market insights · New Mexico

Colfax County, NM: growth, migration and housing

Colfax County has 12,184 residents, down 1.4% since 2020 (-1.0% in the last year). In 2022–2023, 286 households moved in and 320 moved out (-34 net), while a net $3.0M of income left. Median household income is $53,554, the median home $167,200 and median rent $729 a month.

Population (2025)12,184
5-year growth-1.4%
1-year growth-1.0%
Net households moving in-34
Per 1,000 residents-2.8
Net income moving in-$3.0M
Median household income$53,554
Median home value$167,200
Median rent$729/mo
Rent as share of income16%

In New Mexico: 17th of 33 counties for 5-year population growth · 26th of 32 counties for net in-migration (per resident) · 16th of 32 counties for median household income · 17th of 33 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Colfax County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Bernalillo County, NM34$2.7M

Where leavers went

Top counties by households leaving Colfax County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Bernalillo County, NM29$1.3M

BizyFi in Colfax County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.