Living in Cold Spring, New York
Cost of living, income, home prices, rent and demographics of Cold Spring · Census data 2020–2024
Cold Spring has 1,863 residents with a median age of 43. The median household income is $117,292 (36% higher than the New York median), the median home value is $600,100, the median rent is $1,777/month.
Cold Spring at a glance
- Population
- 1,863
- Median age
- 43State: 39.8
- Median household income
- $117,292State: $85,974
- Median home value
- $600,100State: $423,800
- Median rent
- $1,777/moState: $1,621
- Homeowners
- 64.9%
- Bachelor's degree or higher
- 69.3%
- Average commute
- 51 min
Is Cold Spring a good place to live?
Pros: Median household income 36% higher than the New York median; unemployment of 6%; a poverty rate of 4.5%.
Cons: Home values 42% higher than the state median; an average commute of 51 minutes.
The weather is best in May–June and August–September.
Cost of living in Cold Spring
Housing is the biggest part of the cost of living. In Cold Spring the median home value is $600,100, 80% higher than the U.S. median. Renters pay a median of $1,777 per month, which is 32.6% of household income. Homeowners with a mortgage pay $3,404 a month in housing costs.
Cold Spring median household income
The median household income in Cold Spring is $117,292 and the income per person is $77,623. 4.5% of residents live below the poverty line (New York: 14%).
Housing in Cold Spring: homes for sale and rent
- Housing units
- 988
- Owner-occupied
- 64.9%
- Renter-occupied
- 35.1%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.13
Cold Spring demographics
- Population
- 1,863
- Median age
- 43
- Under 18
- 16%
- 65 and older
- 22.9%
- Households
- 873
- Foreign-born
- 6.1%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cold Spring ›
Education in Cold Spring
69.3% of adults 25 and older in Cold Spring have a bachelor's degree or higher (New York: 40.2%), and 29.8% have a graduate or professional degree.
Jobs and commute in Cold Spring
- Unemployment rate
- 6%State: 6.4%
- Average commute
- 51 minState: 33 min
- Work from home
- 20.3%
- Drive alone
- 45.3%
- Public transit
- 26.5%
- Walk to work
- 5.8%
- Homes with broadband
- 93.8%
Cold Spring vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cold Spring | 1,863 | $117,292 | $600,100 | $1,777 |
| Nelsonville | 714 | $153,750 | $599,700 | $1,902 |
| Cornwall-on-Hudson | 3,037 | $140,208 | $471,200 | $1,471 |
| Highland Falls | 3,683 | $110,714 | $353,900 | $1,643 |
| Firthcliffe | 5,432 | $101,250 | $407,400 | $1,831 |
| West Point | 6,349 | $135,333 | — | $3,501 |
| New Windsor | 8,919 | $81,340 | $345,200 | $1,666 |
| Fort Montgomery | 2,422 | $84,570 | $330,000 | $1,867 |
| Vails Gate | 3,052 | $70,688 | $310,100 | $1,616 |
More for people moving to Cold Spring
Cold Spring ZIP code ›Weather and climate ›Living in Cold Spring: FAQ
What is the median household income in Cold Spring, NY?
The median household income in Cold Spring is $117,292, 36% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cold Spring?
The median home value in Cold Spring is $600,100, compared with $423,800 in New York.
How much is rent in Cold Spring?
The median gross rent in Cold Spring is $1,777 per month, about 32.6% of household income.
Is Cold Spring, NY a good place to live?
Pluses: median household income 36% higher than the New York median; unemployment of 6%; a poverty rate of 4.5%. Minuses: home values 42% higher than the state median; an average commute of 51 minutes.
What is the median age in Cold Spring?
The median age in Cold Spring is 43 years (New York: 39.8).
How long is the commute in Cold Spring?
The average commute to work in Cold Spring is 51 minutes; 20.3% of workers work from home.
What is the unemployment rate in Cold Spring?
The unemployment rate in Cold Spring is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cold Spring?
69.3% of adults in Cold Spring have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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