Download
Share
Contents
Save
The total population of Colfax township is estimated to be 658 with 379 males (57.60%) and 279 females (42.40%). There are 100 less females than males in Colfax township.
Colfax township, Benzie County, Michigan Median Household Income: Trends, Analysis, and Key Findings
The median household income in Colfax township was $48,255 in 2021, which marked an an increase of 631(1.32%) from $47,624 in 2020. This income is 64.68% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $73,637. Overall, the median household income for the township of Colfax township stands at $48,255.
In Colfax township, the median income for all workers aged 15 years and older, regardless of work hours, was $38,422 for males and $17,985 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,885 for males and $43,236 for females.
In Colfax township, there are just two different racial groups among households. Among these, White households report a median household income of $48,337, while Two or More Races households have a median household income of $28,599.
In 2022, the population of Colfax township was 687, a 0.29% increase year-by-year from 2021. Previously, in 2021, Colfax township's population was 685, an increase of 1.33% compared to a population of 676 in 2020.
The median age in Colfax township, Benzie County, Michigan is 57.3, as per 2021 ACS 5-Year Estimates. Of the total population, 8.90% were under the age of 15, 13.91% aged 15 to 29, 43.53% aged 30 to 64, 27.96% aged 65 to 84, and 5.70% were 85 years of age and older.
Racial distribution of Colfax township population: 90.54% are White, 0.28% are Black or African American, 3.06% are American Indian and Alaska Native, 1.11% are Asian and 5.01% are multiracial.