Cold Spring is a very small village located in the state of New York. With a population of 1,993 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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.71% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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, however, is that residents on average have to contend with a long commute, spending on average 40.20 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.
In Cold Spring, a lot of people use the train to get to work every day though Cold Spring is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Cold Spring. 68.98% 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 $72,465, which is wealthy relative to New York and the nation. This equates to an annual income of $289,860 for a family of four.
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.