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Binghamton, NY

Full City Profile · New York · Broome County County

3.0 /5.0
B Good
47,357 Population 4,519/sq mi density
$44,331 Median Income $30,230 per capita
$117,400 Home Value $177,440 Zillow
$867 Median Rent 30.4% income on rent
46°F Avg Temperature 246 sunny days/yr
798 Violent Crime/100K 4,288 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$44,331 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$117,400 home value, $867/mo rent
F
Safety
1.0 / 5.0
798 violent crimes/100K (110% above avg)
B
Education
3.5 / 5.0
30.8% bachelor's degree or higher

Housing Overview

Median Home Value
$117,400
58% below
US avg: $281,900
Median Rent
$867/mo
25% below
US avg: $1,163/mo
Homeownership Rate
43.3%
34% below US avg (65.4%)
Total Housing Units
24,795
Median year built: 1946

Home Value by Source

Census Median
$117,400
Zillow (ZHVI)
$177,440
Median Sale Price
$240,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

43.3%
Owner-Occupied
56.7%
Renter-Occupied
43%
57%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $867/mo · Zillow rent: $1,308/mo

Market Indicators (Redfin)

Median Days on Market
7 days
Sale-to-List Ratio
1.2%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$144

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
43.3%

Complete Housing Data

Home Values

Census Median Value$117,400
Zillow Home Value (ZHVI)$177,440
Median Sale Price$240,000
Price Per Sq Ft$144

Rent

Census Median Rent$867
Zillow Rent (ZORI)$1,308
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market7
Sale-to-List Ratio1.2%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$144

Ownership & Stock

Owner-Occupied43.3%
Renter-Occupied56.7%
Homeownership Rate43.3%
Total Housing Units24,795
Median Year Built1946
Rent Burden30.4%