Cold Spring is a very small village located in the state of New York. With a population of 1,998 people and two associated neighborhoods, Cold Spring is the 600th largest community in New York. Cold Spring has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
Cold Spring home prices are not only among the most expensive in New York, but Cold Spring real estate also consistently ranks among the most expensive in America.
Of important note, Cold Spring is also a village of artists. Cold Spring has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Cold Spring’s character.
Also of interest is that Cold Spring has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Cold Spring telecommute to their jobs. Overall, about 27.53% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Cold Spring is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
The overall crime rate in Cold Spring is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.
One downside of living in Cold Spring, however, is that residents on average have to contend with a long commute, spending on average 40.13 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Cold Spring is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Cold Spring. 67.39% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Cold Spring in 2022 was $68,248, which is wealthy relative to New York and the nation. This equates to an annual income of $272,992 for a family of four. However, Cold Spring contains both very wealthy and poor people as well.
The people who call Cold Spring home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cold Spring residents report their race to be White, followed by Asian. Important ancestries of people in Cold Spring include Irish, Italian, German, English, and European.
The most common language spoken in Cold Spring is English. Other important languages spoken here include Spanish and Chinese.