Colfax, IL Real Estate
According to census data in the year 2000 there were 428 housing units in Colfax.
This represents a 14.4% growth from 374 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.
Homeownership rate in Colfax is about 80%.
Colfax's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Colfax were built after 1949.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1947|
|Median Value of occupied units||$74,000|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.75|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$125|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|