Cold Spring, MN

Minnesota · Metropolitan Area

Cold Spring is a small town in Minnesota with a population of 4,201. Residents earn $72,022 per year, which is 4% below the national average.

4.1 /5.0
A Great
4,201 Population 1,500/sq mi density
$72,022 Median Income $33,780 per capita
$242,000 Home Value $362,947 Zillow
$1,297 Median Rent
43°F Avg Temperature
A
Overall
4.1 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$72,022 median income, 2.7% unemployment
A+
Affordability
4.8 / 5.0
$242,000 home value, $1,297/mo rent
B
Education
3.3 / 5.0
29.1% bachelor's degree or higher
Median Income $72,022
4% lower than US avg
Home Value $242,000
14% lower than US avg
Bachelor's+ 29.1%
14% lower than US avg
Median Rent $1,297
12% higher than US avg
Obesity Rate 35.0%
9% higher than US avg
Unemployment 2.7%
25% lower than US avg
Poverty Rate 7.4%
40% lower than US avg

How Cold Spring Compares to the U.S. Average (100% = U.S. avg)

People

Population4,201
Median Age40.9 yrs
Density1,500/mi²
Male / Female48% / 52%
Largest GroupWhite 94%

Economy

A
Median Income$72,022
Per Capita$33,780
Unemployment2.7%
Poverty7.4%
County GDP$12,618M
Commute22 min

Housing

A+
Home Value$242,000
Rent$1,297
OwnershipN/A
Zillow$362,947

Crime

ViolentN/A
PropertyN/A

Health

Obesity35.0%
UninsuredN/A
Depression25.7%
Heart Disease4.8%

Climate

Avg Temp43°F
AQI36 (Good)
Rain30.8 in/yr
Elevation1,097 ft

Education

B
Bachelor's+29.1%
High School+92.3%
School Score6.08

Community

2024 VoteR 62% / D 36%
Commute22 min
Libraries10

Is Cold Spring a Good Place to Live?

Based on current data, Cold Spring receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Cold Spring stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Cold Spring is $72,022, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 2.7%. Only 7.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Cold Spring is $242,000, 14% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,297 per month. A price-to-income ratio of 3.4x indicates a reasonably affordable housing market.

Education

29.1% of residents hold a bachelor's degree, below the national average of 33.7%. 92.3% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Cold Spring has a cool climate with an average annual temperature of 43°F. Winters average 11°F in January while summers reach 70°F in July. Annual precipitation totals 30.8 inches. Air quality is rated Good with a median AQI of 36.

Cold Spring has a population of 4,201 with a density of 1,500 people per square mile. The median age is 40.9 years, 5% older than the national median of 38.9. The city is predominantly White (94%).

Population

4,201
Total Population
1,500
People / sq mi
40.9yrs
Median Age
5% above US avg
2.8mi²
Land Area

Gender Distribution

Male 48.4%
Female 51.6%

Race & Ethnicity

Cold Spring vs U.S. Average

Language Spoken at Home

English Only92.5%
18% above US avg
Spanish7.5%
44% below US avg

Social Characteristics

Cold Spring vs U.S. Average

The median household income in Cold Spring is $72,022, which is 4% below the national average of $75,149. The unemployment rate is 2.7% (below the 3.6% US average). 7.4% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Cold Spring vs U.S.

Commute Mode

Income

Median HH Income$72,022
4% below US avg
Per Capita Income$33,780
Avg Weekly Wage$1,198
IRS Avg AGI$79,564

Employment & Poverty

Unemployment2.7%
25% below US avg
Poverty Rate7.4%
40% below US avg
Establishments (County)4,733
County GDP$12,618M

Business (County)

Restaurants391
Healthcare529
Retail642
Manufacturing231

Tax & Cost of Living

Property Tax (IRS)$5,101
46% above US avg
Effective Tax Rate2.11%

Commute & Transportation

Commute Time22.0 min
Work from Home6.7%

Walkability

The median home value in Cold Spring is $242,000, 14% below the national average. Monthly rent averages $1,297 (12% above US avg). Zillow estimates the typical home value at $362,947.

Home Value Sources

Ownership Split

Home Values

Census Median$242,000
14% below US avg
Zillow ZHVI$362,947
Median List Price$329,950

Real Estate Market (Redfin)

Median List Price$329,950
$/Sq Ft$155
Homes Sold5
Sale-to-List Ratio96.3%
Price Drops28.6%
Inventory7

Rental Costs

Census Median Rent$1,297
12% above US avg

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied68.9%

Property Tax

Avg Tax (IRS)$5,101
46% above US avg
Effective Rate2.11%
In Cold Spring, 35.0% of adults are obese (above the 32.1% national rate). 25.7% report depression. 20.5% are physically inactive.

Health Metrics: Cold Spring vs U.S. Average (%)

Chronic Conditions

Obesity35.0%
9% above US avg
Diabetes8.1%
Heart Disease4.8%
High Blood Pressure26.0%
Asthma10.0%
COPD4.7%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking21.0%
Physical Inactivity20.5%
Depression25.7%
Mental Distress16.4%
Physical Distress10.8%

Healthcare Access

Insurance Rate95.8%
Checkup Rate72.6%
Premature Death6,211/100K

Food & Exercise

Food Environment8.5/10
Exercise Access77.6%
Healthcare Facilities529

Crime Rates: Cold Spring vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)10

Safety Score

Cold Spring has an average annual temperature of 43°F (6°C). Winters average 11°F in January while summers reach 70°F in July. Annual precipitation is 30.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

11°F Jan (-12°C) 70°F Jul (21°C)
Annual Average42.5°F
21% below US avg
January Average11°F (-12°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall30.8 inches
19% below US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,097 ft (334 m)
Area2.8 sq mi (7.3 km²)
Population Density1,500/sq mi
Coordinates45.4583°N, 94.4282°W
County FIPS27145
It is classified as Metro — under 250K. 29.1% of residents hold a bachelor's degree or higher (14% below US avg). In the 2024 election, the county voted Republican by a 26.8-point margin.

2024 Presidential Election (County)

R 62.5%
D 35.7%

Winner: Republican by 26.8 points

Education

Bachelor's Degree+29.1%
14% below US avg
High School+92.3%
School Test Score6.08
B Education Grade (3.3/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,500/sq mi
Total Area2.8 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries10
Healthcare Facilities529
Restaurants391
Retail Stores642

Safety & Disasters

Fatal Crashes (County/yr)10

Commute & Transportation

Avg Commute22.0 min
Work from Home6.7%

Nearby Cities

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