Cold Spring is a very small village located in the state of New York. With a population of 1,993 people and two constituent neighborhoods, Cold Spring is the 600th 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.
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 23.72% 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", 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.
One downside of living in Cold Spring, however, is that residents on average have to contend with a long commute, spending on average 43.84 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. 72.15% 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 $65,704, which is wealthy relative to New York and the nation. This equates to an annual income of $262,816 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 Irish, Italian, German, English, and European.
The most common language spoken in Cold Spring is English. Other important languages spoken here include Spanish and German/Yiddish.