Cold Spring is a very small village located in the state of New York. With a population of 1,947 people and two constituent neighborhoods, Cold Spring is the 564th 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.
Housing costs in Cold Spring are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New York.
Cold Spring is a decidedly white-collar village, with fully 89.44% of the workforce employed in white-collar jobs, well above the national average. Overall, Cold Spring is a village of professionals, sales and office workers, and service providers. There are especially a lot of people living in Cold Spring who work in art, media, and design (13.78%), office and administrative support (12.17%), and teaching (8.25%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.24% 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 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 is that it can take a long time to commute to work. In Cold Spring, the average commute to work is 41.48 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. In addition, it is also a pedestrian-friendly village. Many of Cold Spring’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
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. 57.93% 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 2018 was $51,313, which is wealthy relative to New York and the nation. This equates to an annual income of $205,252 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 Italian, Irish, German, English, and Polish.
The most common language spoken in Cold Spring is English. Other important languages spoken here include Spanish and French.