This was 16.4 percent lower than the state average of 36 percent. In 2020 the total municipality population reached 813.
90.1 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 | 47 | 9.9 |
| Regular high school diploma | 193 | 40.7 |
| GED or alternative credential | 41 | 8.6 |
| Some college, less than 1 year | 25 | 5.3 |
| Some college, 1 or more years, no degree | 75 | 15.8 |
| Associate's degree | 52 | 11 |
| Bachelor's degree | 35 | 7.4 |
| Master's degree | 6 | 1.3 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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