Quick facts: Colfax, IL
Quick Facts
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Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $63,750.
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Overview for Colfax, IL
Colfax is a small village located in northeastern Illinois, primarily within McLean County, with a portion stretching into nearby Woodford County. As of the last census, the population is just over 1,000 residents, reflecting its charm as a tight-knit community. Colfax is conveniently situated along U.S. Route 51, offering residents and visitors easy access to larger towns and cities nearby, such as Bloomington and Normal, which are about 15 miles to the south. Notable features of Colfax include its rich agricultural background and friendly, rural atmosphere. The village is characterized by quiet neighborhoods, local parks, and a mix of historical buildings and modern residences. Community events often highlight its small-town spirit, welcoming participation from families and visitors alike. Colfax is also home to basic amenities, including dining options, local shops, and schools. The surrounding landscape showcases the beauty of the Midwest, with expansive fields and scenic views. It's an ideal spot for those seeking a peaceful lifestyle while remaining connected to more urban conveniences nearby.