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
Change Over Time (2013–2023)
Population Change
-7.8%
1,069 → 986
over 10 years
Annual Pop. Growth
-0.8%
Compound annual growth rate
Median Income Change
+45.1%
$49,286 → $71,528
nominal, not inflation-adjusted
Annual Income Growth
+3.79%
Compound annual growth rate
Population Over Time
Total population for Colfax across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
932
-54 from 2023 (986)
Projected Median Income 2030
$92,804
+$21,276 from 2023 ($71,528)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 1,069 | — | $49,286 | — |
| 2015 | 1,045 | -2.2% | $56,500 | +14.6% |
| 2017 | 1,030 | -1.4% | $56,587 | +0.2% |
| 2019 | 1,011 | -1.8% | $55,859 | -1.3% |
| 2021 | 979 | -3.2% | $62,798 | +12.4% |
| 2023 | 986 | +0.7% | $71,528 | +13.9% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.