All Countries
Colfax, IL
Full City Profile · Illinois · McLean County County
3.1
/5.0
B
Good
955
Population
1,736/sq mi density
$71,528
Median Income
$43,770 per capita
$123,000
Home Value
$164,651 Zillow
$850
Median Rent
22.4% income on rent
51°F
Avg Temperature
275 sunny days/yr
98
Violent Crime/100K
688 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$71,528 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$123,000 home value, $850/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
C+
Education
3.0 / 5.0
24.7% bachelor's degree or higher
Income Overview
Median Household Income
$71,528
5% below
US avg: $75,149
Per Capita Income
$43,770
12% above
US avg: $39,052
Unemployment Rate
5.9%
64% above
US avg: 3.6%
Poverty Rate
9.4%
24% below
US avg: 12.4%
Income Comparison: Colfax vs. U.S. Average
Each bar shows Colfax’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$71,528
95%
Per Capita
US: $39,052
$43,770
112%
IRS Avg AGI
US: $72,000
$88,598
123%
Avg Weekly Wage
US: $1,432
$1,273
89%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,273
11% below US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
14.1%
7% below US avg (15.2%)
Drive Alone
72.7%
1% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$16,910M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.7%
Public Transit
0%
Work From Home
14.1%
Other
13.2%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,357
Restaurants
404
Healthcare
365
Retail
498
Manufacturing
82
Tax & Financial
IRS Avg Adjusted Gross Income
$88,598
23% above US avg ($72,000)
Avg Property Tax
$7,182
105% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $71,528 |
| Per Capita Income | $43,770 |
| IRS Avg Adjusted Gross Income | $88,598 |
| Avg Weekly Wage | $1,273 |
| County GDP | $16,910M |
Hardship Indicators
| Unemployment Rate | 5.9% |
| Poverty Rate | 9.4% |
| Gini Coefficient | 0.480 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 72.7% |
| Public Transit | 0.0% |
| Work From Home | 14.1% |
Businesses
| Total Establishments | 3,357 |
| Restaurants | 404 |
| Healthcare | 365 |
| Retail | 498 |
| Manufacturing | 82 |
Tax
| IRS Avg AGI | $88,598 |
| Avg Property Tax | $7,182 |