Binghamton, NY

Full City Profile · New York · Broome County County

2.8 /5.0
C+ Fair
47,357 Population 4,519/sq mi density
$44,331 Median Income $30,230 per capita
$117,400 Home Value $192,215 Zillow
$867 Median Rent 30.4% income on rent
46°F Avg Temperature
571 Violent Crime/100K 3,562 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$44,331 median income, 9.8% unemployment
A+
Affordability
5.0 / 5.0
$117,400 home value, $867/mo rent
F
Safety
1.0 / 5.0
571 violent crimes/100K (50% above avg)
B
Education
3.5 / 5.0
30.8% bachelor's degree or higher

Income Overview

Median Household Income
$44,331
41% below
US avg: $75,149
Per Capita Income
$30,230
23% below
US avg: $39,052
Unemployment Rate
9.8%
172% above
US avg: 3.6%
Poverty Rate
21.8%
76% above
US avg: 12.4%

Income Comparison: Binghamton vs. U.S. Average

Each bar shows Binghamton’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$44,331
59%
Per Capita
US: $39,052
$30,230
77%
IRS Avg AGI
US: $72,000
$68,184
95%
Avg Weekly Wage
US: $1,432
$1,181
82%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,181
18% below US avg ($1,432)
Mean Commute Time
20 min
29% below US avg (28 min)
Work From Home
8.0%
47% below US avg (15.2%)
Drive Alone
63.8%
13% below US avg (73.2%)
Public Transit
7.8%
56% above US avg (5.0%)
County GDP
$12,159M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 63.8%
Public Transit 7.8%
Work From Home 8%
Other 20.4%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
4,376
Restaurants
504
Healthcare
494
Retail
617
Manufacturing
152

Tax & Financial

IRS Avg Adjusted Gross Income
$68,184
5% below US avg ($72,000)
Avg Property Tax
$7,950
127% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$44,331
Per Capita Income$30,230
IRS Avg Adjusted Gross Income$68,184
Avg Weekly Wage$1,181
County GDP$12,159M

Hardship Indicators

Unemployment Rate9.8%
Poverty Rate21.8%
Gini Coefficient0.479
Cost of Living Index107.9

Commute

Mean Commute20 minutes
Drive Alone63.8%
Public Transit7.8%
Work From Home8.0%

Businesses

Total Establishments4,376
Restaurants504
Healthcare494
Retail617
Manufacturing152

Tax

IRS Avg AGI$68,184
Avg Property Tax$7,950