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| Please contact the BID for its more comprehensive Spring, 2009 Market Perspective on West Colfax. Additionally, the BID has developed a Market and Demographic Report, which analyzes the following data for West Colfax: | Demographics--2000 Census | 1 Mile | 3 Miles | 5 Miles | | Population | | | | | Total Population | 20,114 | 195,495 | 419,122 | | Male Population | 10,251 | 101,382 | 212,943 | | Female Population | 9,863 | 94,113 | 206,178 | | White Population | 6,096 | 133,628 | 296,346 | | Black Population | 907 | 9,016 | 23,278 | | Asian Population | 587 | 4,721 | 10,168 | | Other Population | 5,193 | 46,506 | 75,108 | | Hispanic Population | 10,052 | 96,505 | 157,692 | | | | | | | Income | | | | | Median Income | $29,390 | $32,468 | $37,027 | | Average Income | $38,349 | $42,564 | $51,144 | | | | | | | Median Age | 27.2 | 31.7 | 33.2 | | | | | | | Households | | | | | Total Households | 6,527 | 88,829 | 181,954 | | Average W Colfax Home Sale Price--2003 | $228,127.00 | | Median Income for Home Purchasers-- W Colfax 2003 | $66,490.00 | | Owner-Occupied Housing W Colfax--2000 | 28.71% | | % Sub-prime loans--2003 | 30.30% | | | | | Traffic Counts | | | Colfax Avenue--2007 | 56,847 cars/day | | | | | Recent Commercial Sales | land | building | | Colfax/Edgewater/Villa Park (price per square foot) | $ 30.50 | $ 179.46 | | | | | Vacancy Rates | | | West Colfax BID--2007 | 15% |
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