Cold Spring, NY

Census Place

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2023 Population
1,868
1.3% 1-year growth
US Senator
Chuck Schumer
Democratic Party
US Senator
Kirsten Gillibrand
Democratic Party
2023 Median Age
41.5
5.25% 1-year decrease
2023 Poverty Rate
8.79%
0.444% 1-year increase
2023 Median Household Income
$116,635
4.04% 1-year growth
2023 Median Property Value
$590,600
5.37% 1-year growth
2023 Employed Population
1,010
6.65% 1-year growth

About

In 2023, Cold Spring, NY had a population of 1.87k people with a median age of 41.5 and a median household income of $116,635. Between 2022 and 2023 the population of Cold Spring, NY grew from 1,844 to 1,868, a 1.3% increase and its median household income grew from $112,109 to $116,635, a 4.04% increase.

The 5 largest ethnic groups in Cold Spring, NY are White (Non-Hispanic) (89.3%), Two+ (Non-Hispanic) (3.43%), Two+ (Hispanic) (1.93%), Asian (Non-Hispanic) (1.82%), and White (Hispanic) (1.55%).

None of the households in Cold Spring, NY 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% of the residents in Cold Spring, NY are U.S. citizens.

In 2023, the median property value in Cold Spring, NY was $590,600, and the homeownership rate was 64%.

Most people in Cold Spring, NY drove alone to work, and the average commute time was 49.9 minutes. The average car ownership in Cold Spring, NY was 1 car per household.

Population & Diversity

Cold Spring, NY is home to a population of 1.87k people, from which 99% are citizens. As of 2023, 6.42% of Cold Spring, NY residents were born outside of the country (120 people).

In 2023, there were 26.1 times more White (Non-Hispanic) residents (1.67k people) in Cold Spring, NY than any other race or ethnicity. There were 64 Two+ (Non-Hispanic) and 36 Two+ (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99%
2023 Citizenship
98.3%
2022 Citizenship

As of 2023, 99% of Cold Spring, NY residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Cold Spring, NY was 98.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Cold Spring, NY 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, NY
  1. White (Non-Hispanic)
    1.67k ± 225
  2. Two+ (Non-Hispanic)
    64 ± 65.3
  3. Two+ (Hispanic)
    36 ± 42.1
4.18%
Hispanic Population
78 people

In 2023, there were 26.1 times more White (Non-Hispanic) residents (1.67k people) in Cold Spring, NY than any other race or ethnicity. There were 64 Two+ (Non-Hispanic) and 36 Two+ (Hispanic) residents, the second and third most common ethnic groups.

4.18% of the people in Cold Spring, NY are hispanic (78 people).

The following chart shows the 7 races represented in Cold Spring, NY 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 New York.
Most Common Origin
  1. Dominican Republic
    505,872 ± 17,239 people
  2. China
    415,960 ± 15,668 people
  3. Jamaica
    230,433 ± 11,717 people

In 2022, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 505,872 New York residents, followed by China with 415,960 and Jamaica with 230,433.

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Foreign-Born Population

6.42%
2023 Foreign-Born Population
120 people
7.27%
2022 Foreign-Born Population
134 people

As of 2023, 6.42% of Cold Spring, NY residents (120 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Cold Spring, NY was 7.27%, meaning that the rate has been decreasing.

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

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Veterans

Most Common Service Period
  1. Vietnam
    37 ± 29
  2. Gulf War (2001-)
    13 ± 24
  3. Korea
    7 ± 16

Cold Spring, NY has a large population of military personnel who served in Vietnam, 2.85 times greater than any other conflict.

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Economy

The economy of Cold Spring, NY employs 1.01k people. The largest industries in Cold Spring, NY are Retail Trade (201 people), Professional, Scientific, & Technical Services (154 people), and Educational Services (110 people), and the highest paying industries are Retail Trade ($143,247), Finance & Insurance ($121,250), and Public Administration ($117,750).

Males in New York have an average income that is 1.27 times higher than the average income of females, which is $77,694. The income inequality in New York (measured using the Gini index) is 0.494, which is higher than than the national average.

Occupations

1.01k
2023 Value
± 192
6.65%
1 Year growth
± 26.1%

From 2022 to 2023, employment in Cold Spring, NY grew at a rate of 6.65%, from 947 employees to 1.01k employees.

The most common job groups, by number of people living in Cold Spring, NY, are Sales & Related Occupations (209 people), Arts, Design, Entertainment, Sports, & Media Occupations (140 people), and Education Instruction, & Library Occupations (88 people). This chart illustrates the share breakdown of the primary jobs held by residents of Cold Spring, NY.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in New York (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

1.01k
2023 Value
± 192
6.65%
1 Year growth
± 26.1%

From 2022 to 2023, employment in Cold Spring, NY grew at a rate of 6.65%, from 947 employees to 1.01k employees.

The most common employment sectors for those who live in Cold Spring, NY, are Retail Trade (201 people), Professional, Scientific, & Technical Services (154 people), and Educational Services (110 people). This chart shows the share breakdown of the primary industries for residents of Cold Spring, NY, though some of these residents may live in Cold Spring, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$122,000
Median earning men ± $30,399
$51,173
Median earning women ± $5,167

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Professional, Scientific, & Management, & Administrative & Waste Management Services ($148,194), and Retail Trade ($143,430).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($72,500), Retail Trade ($51,964), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($48,750).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New York.
Y-Axis
2.74%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.56M people employed in New York. This represents a 2.74% 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 19.7%.

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

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for New York.
Measure

In 2022, 1.7% of men over 25 years of age had not completed any academic degree (no schooling), while 1.75% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New York.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (4.04M), Bachelors Degree (3.33M), and Some college (2.79M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Cold Spring, NY was $590,600 in 2023, which is 1.95 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $560,500 to $590,600, a 5.37% increase. The homeownership rate in Cold Spring, NY is 64%, which is approximately the same as the national average of 65%.

People in Cold Spring, NY have an average commute time of 49.9 minutes, and they drove alone to work. Car ownership in Cold Spring, NY is lower than the national average, with an average of 1 car per household.

Property

$590,600
Median Property Value 2023
±$42,198
$534
Median Property Taxes
±$108

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, NY the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

64%
Homeownership
2023
65.3%
Homeowners with Mortgage
2023

In 2023, 64% of the housing units in Cold Spring, NY were occupied by their owner. This percentage grew from the previous year's rate of 63.7%.

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

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Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Cold Spring, NY colored by their Median Household Income (Total).

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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.
$116,635
Median Household Income
± $30,893
835
Number of Households
± 142

In 2023, the median household income of the 835 households in Cold Spring, NY grew to $116,635 from the previous year's value of $112,109.

The following chart displays the households in Cold Spring, NY 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 $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Cold Spring, NY is from New York.
0.494
2022 Wage GINI in New York
0.493
2021 Wage GINI in New York

In 2022, the income inequality in New York was 0.494 according to the GINI calculation of the wage distribution. Income inequality had a 0.125% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New York was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New York in comparison to the national average.

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

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Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (37%)
  2. Public Transit (27.9%)
  3. Worked At Home (23.7%)

In 2023, 37% of workers in Cold Spring, NY drove alone to work, followed by those who used public transit to get to work (27.9%) and those who worked at home (23.7%).

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

49.9 minutes
Average Travel Time

Using averages, employees in Cold Spring, NY have a longer commute time (49.9 minutes) than the normal US worker (26.6 minutes). Additionally, 21% of the workforce in Cold Spring, NY have "super commutes" in excess of 90 minutes.

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

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Car Ownership

1 car
Average Number

The following chart displays the households in Cold Spring, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Cold Spring, NY have 1 car.

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Poverty & Diversity

8.79% of the population for whom poverty status is determined in Cold Spring, NY (164 out of 1.87k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 45 - 54, followed by Females 6 - 11 and then Females 12 - 14.

The most common racial or ethnic group living below the poverty line in Cold Spring, NY is White, followed by Other and Hispanic.

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

98.6% of the population of Cold Spring, NY has health coverage, with 56.6% on employee plans, 9.53% on Medicaid, 15.8% on Medicare, 16.6% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Putnam County, NY see 1971 patients per year on average, which represents a 5.78% decrease from the previous year (2092 patients). Compare this to dentists who see 1660 patients per year, and mental health providers who see 235 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Putnam County, NY.
1,971 to 1
Patient to Primary Care Physician Ratio in Putnam County, NY

Primary care physicians in Putnam County, NY see an average of 1,971 patients per year. This represents a 5.78% decrease from the previous year (2,092 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Putnam County, NY in comparison to its neighboring geographies.

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Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 22.2% under 18 years, 12.8% between 18 and 34 years, 44.8% between 35 and 64 years, and 20.2% over 64 years.

By gender, of the total number of insured persons, 47.5% were men and 52.5% were women.

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

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Uninsured People

1.39%
Uninsured
56.6%
Employer Coverage
9.53%
Medicaid
15.8%
Medicare
16.6%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Cold Spring, NY declined by 32.5% from 2.06% to 1.39%.

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

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