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The total population of Colfax is estimated to be 1,632 with 896 males (54.90%) and 736 females (45.10%). There are 160 less females than males in Colfax.
The median household income in Colfax was $23,645 in 2021, which marked an an increase of 825(3.62%) from $22,820 in 2020. This income is 31.69% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Colfax sees its highest median household income among householders in the age group of 45 to 64 years old, at $32,640. Overall, the median household income for the town of Colfax stands at $23,645.
In Colfax, the median income for all workers aged 15 years and older, regardless of work hours, was $17,254 for males and $18,788 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $24,382 for males and $38,654 for females.
In Colfax, there are just two different racial groups among households. Among these, White households report a median household income of $29,320, while Black or African American households have a median household income of $24,689.
In 2022, the population of Colfax was 1,407, a 1.19% decrease year-by-year from 2021. Previously, in 2021, Colfax's population was 1,424, a decline of 0.42% compared to a population of 1,430 in 2020.
The median age in Colfax, LA is 34.0, as per 2021 ACS 5-Year Estimates. Of the total population, 23.18% were under the age of 15, 21.59% aged 15 to 29, 41.34% aged 30 to 64, 10.90% aged 65 to 84, and 2.99% were 85 years of age and older.
Racial distribution of Colfax population: 26.02% are White, 70.75% are Black or African American, 1.04% are some other race and 2.19% are multiracial.