The area of 10516 Cold Spring, NY is known for its quaintness and charm. Residents enjoy plenty of outdoor activities such as hiking trails, scenic views and waterfront access. The average 2 bedroom rent in the area is $2,430 per month which is slightly higher than the national average of $1,430. The Grocery Cost Index in 10516 Cold Spring is 108 compared to 100 in the US. There are many local businesses in this area to support the community. Examples include Cold Spring Apothecary, a boutique gift shop; The Cupcake Cottage Bakery; and Hudson Valley Wine & Spirits offering locally made wines. Other popular establishments include Stonecrop Gardens, Hudson Highlands Nature Museum and Boscobel Mansion & Gardens for outdoor adventure lovers.
Cold Spring (zip 10516) has an unemployment rate of 5.5%. The US average is 6.0%.
Cold Spring (zip 10516) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Cold Spring (zip 10516)
- The Sales Tax Rate for Cold Spring (zip 10516) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Cold Spring (zip 10516) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cold Spring (zip 10516)
- The average income of a Cold Spring (zip 10516) resident is $47,158 a year. The US average is $28,555 a year.
- The Median household income of a Cold Spring (zip 10516) resident is $119,980 a year. The US average is $69,021 a year.