This was 10.9 percent lower than the state average of 41.8 percent. In 2020 the total municipality population reached 1,181.
93.5 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 | 54 | 6.5 |
| Regular high school diploma | 369 | 44.1 |
| GED or alternative credential | 3 | 0.4 |
| Some college, less than 1 year | 37 | 4.4 |
| Some college, 1 or more years, no degree | 115 | 13.8 |
| Associate's degree | 120 | 14.4 |
| Bachelor's degree | 107 | 12.8 |
| Master's degree | 27 | 3.2 |
| Professional school degree | 4 | 0.5 |
| Doctorate degree | 0 | 0 |
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