Median Household Income
$70,625 ± $15,422
Median Home Value
$136,300 ± $12,066
Median Gross Rent
$875 ± $145/mo
Per Capita Income
$46,168
Poverty Rate
14.4%
Unemployment Rate
6.1%
Homeownership Rate
71.6%
Bachelor's Degree or Higher
23.3%
Median Age
36.3
Average Commute
27 min
Households
395
Veterans
65
Population Over Time
Colfax shrank 3.8% from 2014 to 2024.
2014
1,096
2016
1,081
2018
1,135
2020
1,088
2022
1,017
2024
1,054
Population by Race & Ethnicity
White
94.4%
Hispanic or Latino
2.9%
Black or African American
0.6%
Asian
0.3%
Nearby Cities in Illinois
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.