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The total population of Colfax township is estimated to be 932 with 463 males (49.68%) and 469 females (50.32%). There are 6 more females than males in Colfax township.
The median household income in Colfax township was $55,028 in 2021, which marked an an increase of 1,581(2.96%) from $53,447 in 2020. This income is 73.76% 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 $76,564. Overall, the median household income for the township of Colfax township stands at $55,028.
In Colfax township, the median income for all workers aged 15 years and older, regardless of work hours, was $35,194 for males and $24,241 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,084 for males and $44,047 for females.
In Colfax township, population is primarily represented by White households, reporting a median income of $54,414.
In 2022, the population of Colfax township was 909, a 0.66% increase year-by-year from 2021. Previously, in 2021, Colfax township's population was 903, an increase of 0.56% compared to a population of 898 in 2020.
The median age in Colfax township, Wexford County, Michigan is 39.3, as per 2021 ACS 5-Year Estimates. Of the total population, 23.46% were under the age of 15, 18.20% aged 15 to 29, 40.95% aged 30 to 64, 15.98% aged 65 to 84, and 1.42% were 85 years of age and older.
Racial distribution of Colfax township population: 94.34% are White, 0.40% are Black or African American, 0.30% are Asian and 4.95% are multiracial.