This was 12.6 percent lower than the state average of 31.4 percent. In 2020 the total municipality population reached 2,261.
85.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Colfax for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 200 | 14.5 |
| Regular high school diploma | 494 | 35.9 |
| GED or alternative credential | 132 | 9.6 |
| Some college, less than 1 year | 68 | 4.9 |
| Some college, 1 or more years, no degree | 222 | 16.1 |
| Associate's degree | 106 | 7.7 |
| Bachelor's degree | 136 | 9.9 |
| Master's degree | 17 | 1.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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