Cold Spring is a very small village located in the state of New York. With a population of 1,971 people and two constituent neighborhoods, Cold Spring is the 564th largest community in New York. Much of the housing stock in Cold Spring was built prior to World War II, 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 90.15% 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 (14.77%), office and administrative support (12.96%), and management occupations (10.65%).
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: 7.40% 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Overall, Cold Spring’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
One downside of living in Cold Spring, however, is that residents on average have to contend with a long commute, spending on average 40.47 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, 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 like to read, write and learn? If you move to Cold Spring, you'll likely find that many of your neighbors like to as well. Cold Spring is one of the more educated communities in America, with a full 55.46% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Cold Spring in 2010 was $47,768, which is wealthy relative to New York and the nation. This equates to an annual income of $191,072 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.