In 2023, Colfax, IL had a population of 955 people with a median age of 36.8 and a median household income of $71,528. Between 2022 and 2023 the population of Colfax, IL declined from 1,017 to 955, a −6.1% decrease and its median household income grew from $63,750 to $71,528, a 12.2% increase.
The 5 largest ethnic groups in Colfax, IL are White (Non-Hispanic) (95.7%), White (Hispanic) (2.09%), Two+ (Non-Hispanic) (1.15%), Two+ (Hispanic) (0.524%), and Other (Hispanic) (0.314%).
None of the households in Colfax, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.3% of the residents in Colfax, IL are U.S. citizens.
In 2023, the median property value in Colfax, IL was $123,000, and the homeownership rate was 77.8%.
Most people in Colfax, IL drove alone to work, and the average commute time was 33.2 minutes. The average car ownership in Colfax, IL was 2 cars per household.