Cold Spring Harbor is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 3,064 people and just one neighborhood, Cold Spring Harbor is the 469th largest community in New York.
Cold Spring Harbor home prices are not only among the most expensive in New York, but Cold Spring Harbor real estate also consistently ranks among the most expensive in America.
Cold Spring Harbor is a decidedly white-collar town, with fully 96.67% of the workforce employed in white-collar jobs, well above the national average. Overall, Cold Spring Harbor is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Cold Spring Harbor who work in management occupations (26.96%), sales jobs (11.44%), and teaching (10.94%).
Telecommuters are a relatively large percentage of the workforce: 21.43% 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 Harbor 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.
Because of many things, Cold Spring Harbor is a great place for families with children to consider. First of all, many other families with children live here, making Cold Spring Harbor a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Cold Spring Harbor has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Cold Spring Harbor’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Cold Spring Harbor is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Cold Spring Harbor is that it can take a long time to commute to work. In Cold Spring Harbor, the average commute to work is 32.72 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Even though Cold Spring Harbor is a smaller town, 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 have a 4-year college degree or graduate degree? If so, you may feel right at home in Cold Spring Harbor. 79.38% 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 Harbor in 2018 was $84,404, which is wealthy relative to New York and the nation. This equates to an annual income of $337,616 for a family of four.
Cold Spring Harbor is a somewhat ethnically-diverse town. The people who call Cold Spring Harbor home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cold Spring Harbor residents report their race to be White, followed by Asian. Important ancestries of people in Cold Spring Harbor include Irish, Italian, German, English, and Polish.
The most common language spoken in Cold Spring Harbor is English. Other important languages spoken here include Spanish and French.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, one way that the neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, owner-occupied real estate dominates the neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.8% of neighborhoods in America.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the neighborhood is wealthier than 99.7% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for New York by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.8% of the neighborhoods in New York. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
Also, the rate of college educated adults in the neighborhood is a unique characteristic of the neighborhood. 79.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.7% of all U.S. neighborhoods.
In the neighborhood, 15.0% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.1% of the neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.2% of the households here have four, five, or more cars. That is more cars per household than in 95.1% of the neighborhoods in the nation.
Did you know that the neighborhood has more Austrian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Austrian ancestry and 31.7% have Irish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Cold Spring Harbor are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 65.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 3.0% in manufacturing and laborer occupations.
The most common language spoken in the neighborhood is English, spoken by 86.1% of households. Some people also speak Spanish (4.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Cold Spring Harbor, NY, residents most commonly identify their ethnicity or ancestry as Irish (31.7%). There are also a number of people of Italian ancestry (16.1%), and residents who report German roots (12.7%), and some of the residents are also of English ancestry (10.3%), along with some Polish ancestry residents (9.0%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (32.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (15.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.