Cold Spring, NY
REAL ESTATE & DEMOGRAPHIC DATA





Cold Spring profile


Living in Cold Spring


Cold Spring is a very small village located in the state of New York. With a population of 1,986 people and two constituent neighborhoods, Cold Spring is the 564th 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.

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 (17.14%), teaching (9.42%), and office and administrative support (9.19%).

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.

Telecommuters are a relatively large percentage of the workforce: 13.68% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

One downside of living in Cold Spring, however, is that residents on average have to contend with a long commute, spending on average 42.57 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.

Despite being a small village, Cold Spring has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get 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. 59.55% 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 $54,855, which is wealthy relative to New York and the nation. This equates to an annual income of $219,420 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 Italian, Irish, German, English, and European.

The most common language spoken in Cold Spring is English. Other important languages spoken here include Spanish and French.