| Index | Colfax | Illinois | National |
| Income per capita | $24,861 | $31,502 | $29,829 |
| Median household income | $58,889 | $59,196 | $55,322 |
| Median income owner occupied | $62,500 | $75,354 | $70,586 |
| Median income renter occupied | $38,333 | $34,488 | $35,192 |
| Median earnings male | $44,615 | $40,474 | $36,919 |
| Median earnings female | $25,954 | $27,197 | $26,250 |
| Unemployment rate | 4.2% | 5.3% | 4.7% |
| Poverty level | 8.6% | 14.0% | 15.1% |


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| Labour Type | Male | Female |
| Construction industry | 26.4% | 26.4% |
| Manufacturing sector | 13.2% | 13.2% |
| Financial & insurance services | 2.6% | 2.6% |
| Wholesale & retail services | 22.7% | 22.7% |
| Public administration | 2.9% | 2.9% |
| Transportation, warehousing & utilities | 13.6% | 13.6% |
| Education, health & social services | 4.4% | 4.4% |
| Other | 14.3% | 14.3% |
| City | Population | Household Income | National Avg. |
| Downs, IL | 1,417 | $92,288 | 66.8% |
| Lexington, IL | 2,049 | $82,757 | 49.6% |
| Arrowsmith, IL | 404 | $68,750 | 24.3% |
| Cooksville, IL | 164 | $63,750 | 15.2% |
| Forrest, IL | 995 | $61,058 | 10.4% |
| Colfax, IL | 1,088 | $58,889 | 6.4% |
| City | Population | Household Income | National Avg. |
| Gilbert, IA | 1,088 | $90,781 | 64.1% |
| Edinburg, IL | 1,088 | $61,042 | 10.3% |
| North Webster, IN | 1,088 | $53,594 | 3.1% |
| St. Paul, IN | 1,088 | $55,000 | 0.6% |
| Brooklyn, MI | 1,088 | $34,808 | 37.1% |
| Colfax, IL | 1,088 | $58,889 | 6.4% |