Colfax is a village located in McLean County, Illinois. Colfax has a 2026 population of 978. Colfax is currently declining at a rate of -0.31% annually and its population has decreased by -2% since the most recent census, which recorded a population of 998 in 2020.
The median household income in Colfax is $70,625 with a poverty rate of 14.44%. The median age in Colfax is 36.3 years: 34.6 years for males, and 38.4 years for females. For every 100 females there are 97.7 males.
Data after 2023 is projected based on recent change
Overall: 36.3 years
Female: 38.4 years
Male: 34.6 years
There are 766 adults, (174 of whom are seniors) in Colfax.
Female: 533 (50.6%)
Male: 521 (49.4%)
The racial composition of Colfax includes 94.4% White, and smaller percentages for Black or African American, Asian, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 995 | 94.4% |
| Two or more races | 47 | 4.46% |
| Black or African American | 6 | 0.57% |
| Asian | 3 | 0.28% |
| Other race | 3 | 0.28% |
Colfax 's average per capita income is $50,417. Household income levels show a median of $70,625. The poverty rate stands at 14.44%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $108,365 | - |
| Families | $78,333 | $102,283 |
| Households | $70,625 | $120,383 |
| Non Families | $40,875 | $147,163 |
Average Income
Median Household Income
Poverty Rate