Colfax County, New Mexico

County Distress Index: Elevated · 62.6 | 12,255 people · 20th most distressed in New Mexico
American Default Research

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Colfax County, NM registers elevated household financial distress with a score of 62.6 — 648th nationally out of 3144 counties. The primary driver is Community Vulnerability, where uninsured and disability rates are well above the national average. Within New Mexico, it ranks 20th of 33 counties. Its score is in the middle of its 6 neighboring counties.

The Numbers Behind the Score

The CDI measures five domains of financial distress. Colfax County's primary driver is Community Vulnerability at 71.2 — above the national median.

Community Vulnerability Primary driver 71.2
Uninsured Rate 47
Disability Rate 95
Employment & Wages 67.7
Unemployment Rate 72
Wage-to-Rent Ratio 62
Business Formation Rate 69
Income & Poverty 65.2
Poverty Rate 77
Income vs. State Median 36
Child Poverty Rate 83
Debt & Delinquency 55.3
Debt in Collections 58
Medical Debt 42
Student Loan Delinquency 84
Auto Loan Delinquency 28
Credit Card Delinquency 72
Bankruptcy Filing Rate 48
Housing Cost Burden 53.5
Rent-Burdened (30%+) 35
Severely Rent-Burdened (50%+) 41
Mortgage-Burdened (30%+) 76
Homeownership Rate 62
Rent-to-Income Ratio 54

Scores are percentile-based: 50 = national median, higher = more distressed. The median line is shown on each bar.

Neighbors and Peers

How Colfax County compares to its 6 neighboring counties and population peers.

Neighboring Counties

County Score Zone vs. Colfax County
Colfax County, NM 62.6 Elevated —
Costilla County, CO 70.1 Serious +7.5
Las Animas County, CO 67.8 Serious +5.2
Union County, NM 63.1 Elevated +0.5
Taos County, NM 56.8 Elevated -5.8
Mora County, NM 53.0 Elevated -9.5
Harding County, NM 50.3 Elevated -12.2

Population Peers

County Score Zone vs. Colfax County
Saluda County, SC 62.6 Elevated -0.0
Montague County, TX 62.6 Elevated +0.0
Union County, FL 62.6 Elevated +0.0
Warren County, MS 62.6 Elevated +0.1
Summers County, WV 62.5 Elevated -0.1

Download Data

Export all distress indicators for Colfax County as a CSV file.

Find Help in Colfax County

Find an Attorney

State Bar of New Mexico Lawyer Referral Program offers a lawyer referral service for bankruptcy, foreclosure defense, and consumer rights.

State Bar of New Mexico Lawyer Referral Program 505-797-6000

Free Legal Aid

Legal aid organizations serving Colfax County residents at no cost.

New Mexico Legal Aid 1-866-416-1922
Law Access New Mexico 1-800-340-9771
DNA-Peoples Legal Services, Inc. (928) 871-4151

American Default Research does not endorse, rate, or rank any provider. Verify attorney credentials with your state bar.

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Frequently Asked Questions

  • What is the distress score for Colfax County, New Mexico?

    Colfax County has a County Distress Index score of 62.6 out of 100, placing it in the Elevated zone. It ranks 648th nationally out of 3,144 counties and 20th in New Mexico out of 33 counties.

  • What drives financial distress in Colfax County?

    The primary driver of distress in Colfax County is Community Vulnerability, where the county scores 71.2 out of 100. This domain is measured by indicators including Uninsured Rate, Disability Rate.

  • How does Colfax County compare to neighboring counties?

    Colfax County (62.6) can be compared to its 6 neighboring counties: Costilla County, CO (70.1); Las Animas County, CO (67.8); Union County, NM (63.1).

  • How is the County Distress Index calculated?

    The County Distress Index uses percentile-rank averaging across five domains: Debt & Delinquency, Income & Poverty, Housing Cost Burden, Employment & Wages, and Community Vulnerability. Each county's indicators are ranked against all 3,144 U.S. counties. A score of 50 means the county is at the national median; higher scores indicate greater distress.

  • What is the population of Colfax County?

    Colfax County, New Mexico has a population of approximately 12,255 (2023 Census estimate), classified as a small county.