Cold Spring, NY
Population 1,868 · New York
About Cold Spring, NY
Cold Spring is a small town located in New York with a population of 1,868 residents according to the latest US Census Bureau American Community Survey data. The median household income is $116,635 per year, which is 55% above the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cold Spring features a median home value of $590,600, which is 141% above the national median of $244,900. This places Cold Spring in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,734, 49% above the national average of $1,163/month. Of the 963 total housing units, 64% are owner-occupied (534 units) and 36% are renter-occupied (301 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Cold Spring shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cold Spring have an average one-way commute time of 49.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
69.0% of Cold Spring residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 2.6% Black or African American, and 1.6% Asian residents, with 6.4% of the population being foreign-born.
Cost of Living in Cold Spring, NY
Compared to national averages, Cold Spring has a median household income of $116,635 (55% above the national median of $75,149). Home values average $590,600, which is 141% above the national median. Monthly rent at $1,734 is 49% above the US average of $1,163. Within New York, Cold Spring's income is 20% above the state average of $96,987, and home values are 53% above the state median of $387,181.
Why Live in Cold Spring, NY?
Cold Spring offers a strong local economy with a median household income of $116,635, well above the national average, and a well-educated community where 69.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $590,600. However, Cold Spring’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cold Spring has a population of 1,868 with a median age of 41.5 years. Compare Cold Spring with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Cold Spring
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crest View Heights | 1,873 | $162,756 | $219,700 | Compare |
| Bellport | 1,876 | $147,188 | $699,800 | Compare |
| Stillwater | 1,876 | $80,234 | $243,800 | Compare |
| Athens | 1,877 | $82,500 | $301,200 | Compare |
| Weedsport | 1,858 | $70,625 | $153,400 | Compare |
| Black River | 1,880 | $81,111 | $211,000 | Compare |
| Great River | 1,880 | $133,385 | $792,100 | Compare |
| Laurel Hollow | 1,880 | $250,001 | $1,524,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cold Spring With Other Cities
Frequently Asked Questions about Cold Spring
What is the population of Cold Spring, NY?
The population of Cold Spring, NY is 1,868 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Cold Spring?
The median household income in Cold Spring, NY is $116,635 per year, which is 55% above the national median of $75,149.
What is the median home value in Cold Spring?
The median home value in Cold Spring, NY is $590,600, which is 141% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cold Spring?
The median monthly rent in Cold Spring, NY is $1,734, which is 49% above the national average of $1,163/month.
What is the unemployment rate in Cold Spring?
The unemployment rate in Cold Spring, NY is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cold Spring, NY a good place to live?
Cold Spring offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,868 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Cold Spring, NY?
69.0% of residents in Cold Spring aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cold Spring?
Key cost-of-living indicators for Cold Spring, NY: median home value is $590,600 (141% above national), median rent is $1,734/month, and median household income is $116,635. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Cold Spring?
The poverty rate in Cold Spring, NY is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cold Spring, NY?
Cold Spring's population is 0.0% White, 0.0% Hispanic or Latino, 2.6% Black or African American, 1.6% Asian, and 1.2% two or more races. 6.4% of residents are foreign-born.