Cold Spring is a very small village located in the state of New York. With a population of 1,995 people and two associated neighborhoods, Cold Spring is the 600th largest community in New York. Cold Spring has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.
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 20.33% 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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
One downside of living in Cold Spring is that it can take a long time to commute to work. In Cold Spring, the average commute to work is 41.99 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
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. 69.31% 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 $77,623, which is wealthy relative to New York and the nation. This equates to an annual income of $310,492 for a family of four.
Cold Spring is a somewhat ethnically-diverse village. 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.