At a Glance
Median Income
$71,528
$43,770 per capita
Home Value
$123,000
Zillow: $164,651
Median Rent
$850/mo
22.4% of income on rent
Violent Crime
98/100K
688/100K property
Bachelor's Degree+
24.7%
97.4% high school+
Unemployment
5.9%
9.4% poverty rate
Obesity Rate
38.1%
16.1% smoking rate
Avg Temperature
51°F
275 sunny days/yr
How Colfax Compares to the U.S. Average
Each bar shows Colfax's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Colfax a Good Place to Live?
B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Colfax residents earn a median household income of $71,528 , which is 5% below the national average of $75,149.
Per capita income is $43,770. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 9.4% of residents live below the poverty line. The area is home to 3,357 business establishments, including 404 restaurants.
Housing & Cost of Living
The median home value in Colfax is $123,000 , 56% below the national median of $281,900.
Zillow estimates the typical home at $164,651. Median rent is $850/month, with 22.4% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1952.
Safety & Crime
Colfax reports 98 violent crimes per 100,000 residents
, which is 74% below the national average of 380/100K.
Property crime is 688/100K. The murder rate is 0.0/100K.
Education
24.7% of adults in Colfax hold a bachelor's degree or higher
(27% below the national average).
97.4% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Colfax has an average annual temperature of 51°F (10°C).
Winters average 23°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 36.3 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population955
Median Age36.8 yrs
Density1,736/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans8.3%
Economy
B+
Median Income$71,528
Per Capita$43,770
Unemployment5.9%
Poverty9.4%
County GDP$16,910M
Avg Weekly Wage$1,273
Housing
A+
Home Value$123,000
Rent$850
Ownership77.8%
Zillow$164,651
Housing Units391
Rent Burden22.4%
Crime
F
Violent98/100K
Property688/100K
Murder0.0/100K
Assault98/100K
Burglary393/100K
Health
Obesity38.1%
Diabetes9.9%
Smoking16.1%
Heart Disease5.7%
Premature Death6,618/100K
Climate
Avg Temp51°F
Sunny Days275/yr
Rain36.3 in/yr
AQI43 (Good)
Elevation753 ft
Education
C+
Bachelor's+24.7%
High School+97.4%
Graduate+7.6%
School Score6.0/10
Community
2024 VoteR 47% / D 52%
Commute33 min
Broadband88.0%
Internet Speed118 Mbps
EV Stations1
Libraries15
Did You Know?
The median home in Colfax was built in 1952.
The nearest airport is Central Il Regional/Bloomington-Normal (17 miles).
The Gini coefficient (income inequality) is 0.480 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
9.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 118 Mbps.
There are 404 restaurants in the area.
The county recorded 20 fatal vehicle crashes.