Is Cold Spring, NY a Good Place to Live?
Cold Spring is a small town of 1,844 in New York, with a median household income of $112,109 and a 5.6% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.
Strengths: Cold Spring stands out for solid school ratings (A+), a well-educated population.
Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes, an elevated unemployment rate. Whether Cold Spring is right for you depends on your priorities — the full breakdown is below.
All Cold Spring city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 112.5Cold Spring's overall cost of living index is 112.5, where 100 represents the US national average. Living in Cold Spring costs roughly 12% more than the average American city.
| Metric | Cold Spring, NY | National Avg |
|---|---|---|
| Median Home Value | $560,500 | $244,900 |
| Median Monthly Rent | $1,553 | $1,163 |
| Homeownership Rate | 63.7% | 65.9% |
| Median Household Income | $112,109 | $74,755 |
Crime & Safety
Crime data for Cold Spring is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Cold Spring is served primarily by HALDANE CENTRAL SCHOOL DISTRICT. The student-to-teacher ratio is 9.3:1 (better than the national average of ~16:1).
| Metric | Cold Spring, NY | National Avg |
|---|---|---|
| School District | HALDANE CENTRAL SCHOOL DISTRICT | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 9.3:1 | 16:1 |
| Bachelor's Degree or Higher | 67.4% | 35.4% |
| High School Diploma or Higher | 96.7% | 91.1% |
Weather & Climate
Cold Spring sees average highs of 35.8°F in January and 85.2°F in July, with 51.5 inches of annual precipitation and 35.7 inches of snow per year.
| Metric | Cold Spring, NY |
|---|---|
| Average High — January | 35.8°F |
| Average High — July | 85.2°F |
| Annual Precipitation | 51.5" |
| Annual Snowfall | 35.7" |
Demographics
| Metric | Cold Spring, NY | National Avg |
|---|---|---|
| Population | 1,844 | — |
| Median Age | 43.8 | 38.9 |
| Unemployment Rate | 5.6% | 3.7% |
| Avg Commute Time | 49.1 min | 26 min |
| White (non-Hispanic) | 91.3% | 59.3% |
| Black or African American | 0.8% | 13.6% |
| Hispanic or Latino | 2.9% | 18.9% |
| Asian | 1.8% | 6.3% |
| Under 18 | 20.9% | 22.2% |
| 65 and over | 21.0% | 16.8% |