Income & Economy in Colfax village, IL (61728)
Median Income
$93,654
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+73
Wealth inflow
Population
1,316
Unemployment
7.0%
3.3pp above US avg
IRS migration statistics show a net inflow of about 73 for ZIP 61728 (Colfax village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 61728 (2020–Present)
Since 2020, population grew 5.1%, median income rose 30.1% (inflation-adjusted), home values increased 11.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $93,654 |
| Unemployment | 7.0% |
| Establishments | 31 |
| Employees | 131 |