Colfax, IL Profile: Facts & Data

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Colfax, Illinois - Basic Facts

The Village of Colfax had a population of 1,054 as of 2020-2024 American Community Survey 5-Year Estimates. Colfax ranks in the upper quartile for Population Density 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 40.567 and longitude -88.6164 in McLean County. The formal boundaries for the Village of Colfax 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 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.

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


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  1. Colfax Demographic Data
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Colfax, IL Data & Demographics

Source: 2020-2024 American Community Survey 5-Year Estimates

POPULATION

Total Population 1,054 (100%)
Population Density 1,904 per sq mi
Diversity Index1 15
 
 

INCOME

Median Household Income $70,625
Per Capita Income $46,168
Median Home Value $136,300
 

HOUSING

Total HU (Housing Units) 419 (100%)
Owner Occupied HU 283 (67.5%)
Renter Occupied HU 112 (26.7%)
Vacant Housing Units 24 (5.7%)
 

HOUSEHOLDS

Total Households 395
Average Household Size 2.63
Family Households 262 (66.3%)
NOTES
  1. The Diversity Index estimates the likelihood that two persons chosen at random from the same area belong to different race or ethnic groups, based on five groups: Hispanic/Latino, Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian, and Non-Hispanic Other/Multiracial. A value of 0 indicates the population belongs entirely to one group. Higher values indicate a more evenly mixed population. Calculated from U.S. Census Bureau ACS 5-year estimates (table B03002).

Colfax, IL - Peer Comparisons by Rank and Percentile

The table below compares Colfax to the other 1,461 incorporated cities, towns and CDPs in Illinois by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates 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 # 684 53rd
Population Density # 282 81st
Median Household Income # 692 53rd
Per Capita Income # 263 82nd
Diversity Index # 879 40th

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

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