Colfax, IL Profile: Facts & Data

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Colfax, Illinois - Basic Facts

The Village of Colfax had a population of 1,077 as of July 1, 2018. 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.


Jump to... (On This Page!)
  1. Colfax 2018 Demographic Data
  2. Growth Rates for Colfax (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Colfax, IL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 1,077
Population in Households 1,041
Population in Familes 866
Population in Group Qrtrs 36
Population Density2 1,960
Diversity Index3 8
 

INCOME

Median Household Income $56,474
Average Household Income $71,317
Per Capita Income $28,222

HOUSING

Total Housing Units 455 (100%)
Owner Occupied HU 323 (71.0%)
Renter Occupied HU 84 (18.5%)
Vacant Housing Units 48 (10.5%)
Median Home Value $96,309
Average Home Value $107,407
 

HOUSEHOLDS

Total Households 407
Average Household Size 2.56
Family Households 280
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 0.18% 0.07%
Households 0.15% 0.15%
Families -0.13% 0.0%
Median Household Income   2.17%
Per Capita Income   2.73%

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, 2018 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 # 685 50th
Population Density # 281 80th
Diversity Index # 1030 24th
Median Household Income # 610 55th
Per Capita Income # 647 53rd

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

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