Cold Spring is a very small village located in the state of New York. With a population of 1,977 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.
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 90.24% 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 managers. There are especially a lot of people living in Cold Spring who work in management occupations (13.55%), office and administrative support (12.45%) and art, media, and design (11.95%).
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.
A relatively large number of people in Cold Spring telecommute to their jobs. Overall, about 7.86% 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 is that it can take a long time to commute to work. In Cold Spring, the average commute to work is 39.84 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.
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.
The citizens of Cold Spring are among the most well-educated in the nation: 49.93% of adults in Cold Spring have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Cold Spring in 2010 was $46,777, which is wealthy relative to New York and the nation. This equates to an annual income of $187,108 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 Native American. Important ancestries of people in Cold Spring include Irish, Italian, German, English, Russian and Scottish.
The most common language spoken in Cold Spring is English. Some people also speak Spanish.
|COLD SPRING INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||891|
|COLD SPRING HOME OWNERSHIP|
|% OWNER OCCUPIED||58.25%|
|% RENTER OCCUPIED||41.75%|
|TYPE OF COLD SPRING HOMES|
|SINGLE FAMILY DETACHED||48.31%|
|ROWHOUSES AND ATTACHED HOMES||9.25%|
|SMALL APARTMENT BUILDINGS||16.40%|
|COMPLEXES OR HIGH RISE APARTMENTS||26.04%|
|SIZE OF COLD SPRING HOMES|
|5 OR MORE BEDROOMS||2.58%|
|AGE OF COLD SPRING HOMES|
|NEWER HOMES (2000 OR LATER)||5.96%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||29.72%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||18.59%|
|HISTORIC (1939 OR BEFORE)||45.73%|
|COLD SPRING REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$459,501|
|MEDIAN RENTAL PRICE||$1,701|
|HOME VALUE RANGE|
|$0 - $48,000||0.96%|
|$48,001 - $96,000||0.77%|
|$96,001 - $193,000||3.08%|
|$193,001 - $289,000||25.63%|
|$289,001 - $385,000||28.71%|
|$385,001 - $482,000||15.80%|
|$482,001 - $722,000||18.30%|
|$722,001 - $963,000||5.40%|
|PEOPLE OF COLD SPRING||DETAILS|
|UNDER 5 YEARS||6.34%|
|5 TO 17||11.47%|
|18 TO 24||3.88%|
|25 TO 34||11.85%|
|35 TO 54||30.64%|
|55 TO 64||13.54%|
|65 YEARS AND OVER||22.28%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.05%|
|MEDIAN HOUSEHOLD INCOME||$71,250|
|PER CAPITA INCOME||$46,777|
|INDIVIDUALS BELOW POVERTY LEVEL||6.99%|
|INDUSTRIES PEOPLE WORK IN||Education (15.74%)
Professional, scientific, and technical services (12.25%)
Information Technology (9.26%)
Public Service (6.87%)
|BLACK OR AFRICAN AMERICAN||0.38%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.64%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.79%|
|TWO OR MORE RACES||2.18%|
|HISPANIC OR LATINO (OF ANY RACE)||8.19%|
|ETHNICITIES PRESENT||Irish (28.29%)
|LANGUAGES SPOKEN||English (87.11%)
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