Cold Spring is a very small village located in the state of New York. With a population of 1,993 people and two associated 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.Cold Spring is a decidedly white-collar village, with fully 93.27% 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 sales jobs (20.69%), art, media, and design (13.86%), and teaching (8.71%). 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 23.71% 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 40.20 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.If knowledge is power, Cold Spring is a pretty powerful place. 68.98% of the adults in Cold Spring have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Cold Spring in 2022 was $72,465, which is wealthy relative to New York and the nation. This equates to an annual income of $289,860 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 Irish, Italian, German, English, and European. The most common language spoken in Cold Spring is English. Other important languages spoken here include Spanish and Chinese.
