Cold Spring, MN

Census Place

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2024 Population
4,249
US Senator
Amy Klobuchar
Democratic(DFL) Party
US Senator
Tina Smith
Democratic(DFL) Party
2024 Median Age
38.5
5.87% 1-year decrease
2024 Poverty Rate
9.82%
0.542% 1-year decrease
2024 Median Household Income
$72,228
0.286% 1-year growth
2024 Median Property Value
$280,400
15.9% 1-year growth
2024 Employed Population
2,325
0.911% 1-year growth

About

None of the households in Cold Spring, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99.5% of the residents in Cold Spring, MN are U.S. citizens.

In 2024, the median property value in Cold Spring, MN was $280,400, and the homeownership rate was 66.5%.

Most people in Cold Spring, MN drove alone to work, and the average commute time was 23.9 minutes. The average car ownership in Cold Spring, MN was 2 cars per household.

Population & Diversity

Cold Spring, MN is home to a population of 4.25k people, from which 99.5% are citizens. As of 2024, 6.43% of Cold Spring, MN residents were born outside of the country (273 people).

In 2024, there were 35.9 times more White (Non-Hispanic) residents (3.81k people) in Cold Spring, MN than any other race or ethnicity. There were 106 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 75 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99.5%
2024 Citizenship
99.5%
2023 Citizenship

As of 2024, 99.5% of Cold Spring, MN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Cold Spring, MN was 99.5%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Cold Spring, MN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Cold Spring, MN
  1. White (Non-Hispanic)
    3.81k ± 224
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    106 ± 110
  3. Two Races Including Other (Non-Hispanic)
    75 ± 97
5.08%
Hispanic Population
216 people

In 2024, there were 35.9 times more White (Non-Hispanic) residents (3.81k people) in Cold Spring, MN than any other race or ethnicity. There were 106 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 75 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

5.08% of the people in Cold Spring, MN are hispanic (216 people).

The following chart shows the 8 races represented in Cold Spring, MN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.
Most Common Origin
  1. Mexico
    58,764 ± 5,921 people
  2. Somalia
    36,253 ± 4,660 people
  3. India
    31,836 ± 4,368 people

In 2023, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 58,764 Minnesota residents, followed by Somalia with 36,253 and India with 31,836.

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Foreign-Born Population

6.43%
2024 Foreign-Born Population
273 people
5.21%
2023 Foreign-Born Population
219 people

As of 2024, 6.43% of Cold Spring, MN residents (273 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Cold Spring, MN was 5.21%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Cold Spring, MN compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    81 ± 87
  2. Gulf War (1990s)
    21 ± 35

Cold Spring, MN has a large population of military personnel who served in Vietnam, 3.86 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Cold Spring, MN.

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Economy

The economy of Cold Spring, MN employs 2.33k people. In 2024, the largest industries in Cold Spring, MN were Health Care & Social Assistance (536 people), Retail Trade (289 people), and Educational Services (196 people), and the highest paying industries were Wholesale Trade ($167,756), Finance & Insurance ($121,131), and Public Administration ($88,125).

Occupations

2.33k
2024 Value
± 395
0.911%
1 Year growth
± 23.1%

From 2023 to 2024, employment in Cold Spring, MN grew at a rate of 0.911%, from 2.3k employees to 2.33k employees.

The most common job groups, by number of people living in Cold Spring, MN, are Office & Administrative Support Occupations (334 people), Sales & Related Occupations (283 people), and Business & Financial Operations Occupations (257 people). This chart illustrates the share breakdown of the primary jobs held by residents of Cold Spring, MN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

2.33k
2024 Value
± 395
0.911%
1 Year growth
± 23.1%

From 2023 to 2024, employment in Cold Spring, MN grew at a rate of 0.911%, from 2.3k employees to 2.33k employees.

The most common employment sectors for those who live in Cold Spring, MN, are Health Care & Social Assistance (536 people), Retail Trade (289 people), and Educational Services (196 people). This chart shows the share breakdown of the primary industries for residents of Cold Spring, MN, though some of these residents may live in Cold Spring, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$56,037
Median earning men ± $6,209
$36,435
Median earning women ± $4,908

The industries with the best median earnings for men in 2024 are Wholesale Trade ($167,967), Manufacturing ($63,411), and Transportation & Warehousing, & Utilities ($62,356).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($48,750), Educational Services, & Health Care & Social Assistance ($41,114), and Retail Trade ($36,500).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Minnesota.
Y-Axis
2.26%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.93M people employed in Minnesota. This represents a 2.26% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.4%.

The following chart shows monthly employment numbers for each industry sector in Minnesota.

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Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.
Amy Klobuchar
Senator from Minnesota1
Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.
Tina Smith
Senator from Minnesota2
Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Cold Spring, MN was $280,400 in 2024, which is 0.843 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $242,000 to $280,400, a 15.9% increase. The homeownership rate in Cold Spring, MN is 66.5%, which is higher than the national average of 65.2%.

People in Cold Spring, MN have an average commute time of 23.9 minutes, and they drove alone to work. Car ownership in Cold Spring, MN is approximately the same as the national average, with an average of 2 cars per household.

Property

$280,400
Median Property Value 2024
±$39,180
$1,234
Median Property Taxes
±$264

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Cold Spring, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Cold Spring, MN compared to it's parent and neighbor geographies.

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Rent vs Own

66.5%
Homeownership
2024
68.5%
Homeowners with Mortgage
2024

In 2024, 66.5% of the housing units in Cold Spring, MN were occupied by their owner. This percentage declined from the previous year's rate of 68.9%.

This chart shows the percentage of owner in Cold Spring, MN compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$72,228
Median Household Income
± $19,414
1.86k
Number of Households
± 335

In 2024, the median household income of the 1.86k households in Cold Spring, MN grew to $72,228 from the previous year's value of $72,022.

The following chart displays the households in Cold Spring, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Cold Spring, MN is from Minnesota.
0.454
2023 Wage GINI in Minnesota
0.458
2022 Wage GINI in Minnesota

In 2023, the income inequality in Minnesota was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 0.78% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (78.6%)
  2. Carpooled (8.81%)
  3. Worked At Home (8.41%)

In 2024, 78.6% of workers in Cold Spring, MN drove alone to work, followed by those who carpooled to work (8.81%) and those who worked at home (8.41%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

23.9 minutes
Average Travel Time

Using averages, employees in Cold Spring, MN have a shorter commute time (23.9 minutes) than the normal US worker (26.4 minutes). Additionally, 3.62% of the workforce in Cold Spring, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Cold Spring, MN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Cold Spring, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Cold Spring, MN have 2 cars.

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Poverty & Diversity

9.82% of the population for whom poverty status is determined in Cold Spring, MN (410 out of 4.17k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 6 - 11, followed by Females 25 - 34 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Cold Spring, MN is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

98.2% of the population of Cold Spring, MN has health coverage, with 60.4% on employee plans, 12.9% on Medicaid, 17.1% on Medicare, 7.55% on non-group plans, and 0.287% on military or VA plans.

Primary care physicians in Minnesota see 1,134 patients per year on average, which represents a 0% change from the previous year (1,134 patients). Compare this to dentists who see 1287 patients per year, and mental health providers who see 278 patients per year.

By gender, of the total number of insured persons, 44.5% were men and 55.5% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 23% under 18 years, 24.9% between 18 and 34 years, 33.6% between 35 and 64 years, and 18.5% over 64 years.

By gender, of the total number of insured persons, 44.5% were men and 55.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.84%
Uninsured
60.4%
Employer Coverage
12.9%
Medicaid
17.1%
Medicare
7.55%
Non-Group
0.287%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Cold Spring, MN declined by 56.1% from 4.2% to 1.84%.

The following chart shows how the percent of uninsured individuals in Cold Spring, MN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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