Colfax, Champaign County, IL demographics:
population, income, and more
Colfax population
How many people live in Colfax
Colfax is home to 415 residents, according to the most recent Census data. Gender-wise, 50.4% of Colfax locals are male, and 49.9% are female.
Age demographics
The median age in Colfax is 50, with the population distributed as follows: about 17.3% are children under 15, then 9.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 16.8% of the population, while another 33.4% fall into the 45 to 64 bracket. Finally, around 22.8% are 65 or older.
Racial makeup
In Colfax, 93.2% of the population are US-born citizens, while 6.8% have gained naturalized citizenship. There’s also a share of 3.4% that includes residents with two or more races.
Households in Colfax
A peek inside Colfax households
Colfax has 181 households, with an average of 2 members in each. Of these, 66.3% are families, while the remaining 33.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Colfax
The housing landscape of Colfax
Colfax's housing consists of 212 units, with 91% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 9% of the housing landscape.
The age of buildings in Colfax
In Colfax, the median construction year is 1969. About 40.1% of homes were built before the 1940s, with another 2.8% going up by 1949. Most development happened in the second half of the 20th century.
Colfax occupancy rates
Out of the 181 occupied housing units in Colfax, 87.8% are owner-occupied, while 12.2% are lived in by tenants. Meanwhile, 14.6% of all homes on the local market sit vacant.
Colfax housing costs
Housing costs in Colfax come to a median of $938 per month, while tenants specifically pay a median gross rent of $1,091.
Education in Colfax
Colfax education at a glance
About 33.1% of the population in Colfax went to high school, while 21% pursued college studies. Another 11.5% earned an associate degree and 26% hold a bachelor’s. Meanwhile, 7.7% went even further, earning a master’s or doctorate.
Income in Colfax
How much people earn in Colfax
The average annual household income in Colfax was $84,875 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -1.4% change from the previous year. At the same time, the median income stood at $117,821, reflecting a +15% shift over the same period.
Colfax income by age
In Colfax, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $121,667. Those with someone between 45 and 64 in charge, often well established professionally, earn $118,636 overall. Overall, 92.6% of the locals in this community live above the poverty line.
Employment in Colfax
Workforce and job types in Colfax
76.2% of the working population are employed in professional or administrative positions, while 23.8% are in hands-on or service-based jobs. Also, 18% run their own businesses, 43.4% are employed by private companies, and 29.1% work in the public sector.
Workforce demographics
Transportation in Colfax
How people get around in Colfax
In Colfax, the average commute time is 9 minutes. Commuting methods vary: 88.2% of residents travel by personal vehicle and 11.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Colfax by zipcode?
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FAQs about Colfax demographics
What is the total population of Colfax?
What is the gender ratio in Colfax?
- 50.4% males (209 residents)
- 49.9% females (207 residents)
What is the median age in Colfax?
What is the age distribution of the population in Colfax?
- Under 15: 17.3% (72 residents)
- Ages 15-24: 9.6% (40 residents)
- Ages 25-44: 16.8% (70 residents)
- Ages 45-64: 33.4% (139 residents)
- Over 65: 22.8% (95 residents)
What is the racial and ethnic makeup of Colfax?
- White: 96.6% (401 residents)
- Black or African American: 0% ( residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% ( residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 3.4% (14 residents)
- Other: 0% ( residents)
What percentage of the population in Colfax are U.S.-born citizens?
How many housing units are there in Colfax?
How many households are in Colfax and what is the average household size?
What is the median household income in Colfax?
What is the job market overview for Colfax?
Job types:
- White-collar workers: 76.2% (144 residents)
- Blue-collar workers: 23.8% (45 residents)
Places of employment:
- Self-employed: 18% (34 residents)
- Private companies: 43.4% (82 residents)
- Governmental workers: 29.1% (55 residents)
- Not-for-profit companies: 9.5% (18 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.