In 1836 Colfax moved with his mother and stepfather to New Carlisle Indiana. Colfax California boasts a bronze statue of Colfax at the Amtrak station. Colfax was nominated for Congress in 1850 but narrowly lost to his Democratic opponent.
President Ulysses S. Grant and Colfax 46 and 45 respectively at the time of their inauguration were the youngest Presidential team until the inauguration of Bill Clinton and Al Gore in 1993. To date he is one of only two Americans (John Nance Garner in the 20th century being the other) to have served as both House speaker and vice president.