Colfax is a village located in McLean County, Illinois. Colfax has a 2025 population of 981 . Colfax is currently declining at a rate of -0.41% annually and its population has decreased by -1.7% since the most recent census, which recorded a population of 998 in 2020.
The average household income in Colfax is $113,205 with a poverty rate of 8.69%. The median age in Colfax is 36.8 years: 36.2 years for males, and 39.7 years for females. For every 100 females there are 94.9 males.
Data after 2023 is projected based on recent change
The racial composition of Colfax includes 97.8% White, and smaller percentages for Two or more races, other race, Asian and multiracial populations.
White (97.8%)
Two or more races (1.68%)
Other race (0.31%)
Asian (0.21%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 934 | 97.8% |
| Two or more races | 16 | 1.68% |
| Other race | 3 | 0.31% |
| Asian | 2 | 0.21% |
Married
Widowed
Divorced
Separated
Never Married
Colfax's average per capita income is $51,350. Household income levels show a median of $71,528. The poverty rate stands at 8.69%.
Name | Median | Mean |
|---|---|---|
| Married Families | $101,477 | - |
| Families | $75,972 | $100,669 |
| Households | $71,528 | $113,205 |
| Non Families | $50,000 | $127,873 |
Average Income
Median Household Income
Poverty Rate