The Village of Colfax had a population of 1,141 as of July 1, 2015. Colfax ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.
The primary coordinate point for Colfax is located at latitude 40.5666 and longitude -88.6161 in McLean County. The formal boundaries for the Village of Colfax (see map below) encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. McLean County is in the Central time zone (GMT -6). The elevation is 755 feet.
The Village of Colfax has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Colfax population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2015.
|Population in Households||1,105|
|Population in Familes||919|
|Population in Group Qrtrs||36|
|Average Household Size||2.55|
|Average Family Size||3|
|Total Housing Units||483 (100%)|
|Owner Occupied HU||350 (72.5%)|
|Renter Occupied HU||84 (17.4%)|
|Vacant Housing Units||50 (10.4%)|
|Median Home Value||$100,538|
|Average Home Value||$114,071|
|Median Household Income||$59,214|
|Average Household Income||$67,832|
|Per Capita Income||$26,254|
|(Compound Annual Growth Rates)|
|Median Household Income||3.05%|
|Per Capita Income||2.34%|
The table below compares Colfax to the other 1,367 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2015 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 671||51st|
|Population Density1||# 256||81st|
|Diversity Index2||# 1028||25th|
|Median Household Income||# 440||68th|
|Per Capita Income||# 582||57th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.