Colfax, IL Profile: Facts, Map & Data

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Colfax, Illinois - Basic Facts

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The Village of Colfax had a population of 1,102 as of July 1, 2017. 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 (GNIS ID: 2398598) 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.

The Village of Colfax is located within Township of Martin, a minor civil division (MCD) of McLean County.

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, 2017.


Neighborhood Data

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Village of Colfax, IL Boundary Map



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Boundary Maps: Township of Martin | McLean County | Illinois Counties

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Colfax, IL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 1,102
Daytime Population: Workers 223
Daytime Population: Residents 591
Total Daytime Population (TDP) 814
Ratio TDP/Total Population1 0.74
Population in Households 1,066
Population in Familes 885
Population in Group Qrtrs 36
Population Density2 2,006
Diversity Index3 8
 

INCOME

Median Household Income $54,572
Average Household Income $69,178
Per Capita Income $27,357

HOUSING

Total Housing Units 468 (100%)
Owner Occupied HU 334 (71.4%)
Renter Occupied HU 82 (17.5%)
Vacant Housing Units 52 (11.1%)
Median Home Value $90,552
Average Home Value $101,567
 

HOUSEHOLDS

Total Households 416
Average Household Size 2.56
Family Households 286
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.52% 0.54%
Households 0.47% 0.52%
Families 0.15% 0.42%
Median Household Income   1.58%
Per Capita Income   2.75%

Colfax, IL - Peer Comparisons by Rank and Percentile

The table below compares Colfax to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2017 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.

Variable Description Rank Percentile
Total Population # 681 50th
Population Density # 273 80th
Diversity Index # 1049 24th
Median Household Income # 640 53rd
Per Capita Income # 634 54th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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