This was 15.5 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 1,088.
96.3 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 | 24 | 3.7 |
| Regular high school diploma | 236 | 36.5 |
| GED or alternative credential | 36 | 5.6 |
| Some college, less than 1 year | 96 | 14.9 |
| Some college, 1 or more years, no degree | 72 | 11.1 |
| Associate's degree | 52 | 8 |
| Bachelor's degree | 84 | 13 |
| Master's degree | 39 | 6 |
| Professional school degree | 5 | 0.8 |
| Doctorate degree | 2 | 0.3 |
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