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The total population of Colfax township is estimated to be 472 with 249 males (52.75%) and 223 females (47.25%). There are 26 less females than males in Colfax township.
The median household income in Colfax township was $68,233 in 2021, which marked an a decrease of 4,208(5.81%) from $72,441 in 2020. This income is 91.46% 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 $110,793. Overall, the median household income for the township of Colfax township stands at $68,233.
In Colfax township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,694 for males and $26,409 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $80,618 for males and $39,183 for females.
In Colfax township, population is primarily represented by White households, reporting a median income of $69,584.
In 2022, the population of Colfax township was 609, a 0.81% decrease year-by-year from 2021. Previously, in 2021, Colfax township's population was 614, an increase of 0.49% compared to a population of 611 in 2020.
The median age in Colfax Township, Minnesota is 44.9, as per 2021 ACS 5-Year Estimates. Of the total population, 17.24% were under the age of 15, 13.79% aged 15 to 29, 43.10% aged 30 to 64, 20.50% aged 65 to 84, and 5.36% were 85 years of age and older.
Racial distribution of Colfax township population: 97.89% are White, 0.77% are Black or African American, 0.38% are some other race and 0.96% are multiracial.