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Binghamton, New York

USA · Comprehensive city data and intelligence

65
Overall Score

Binghamton, New York, is a city nestled in the Southern Tier region, at the confluence of the Susquehanna and Chenango Rivers. Historically recognized for its industrial roots, particularly in manufacturing and technology with companies like IBM, the city has evolved into a diversified economic hub. Binghamton is also home to Binghamton University, which serves as a significant economic and cultural anchor for the region. The city offers a blend of urban amenities and access to natural landscapes, attracting those seeking a more balanced lifestyle away from larger metropolitan areas. Its rich history is reflected in its architecture and community character, providing a sense of established charm.

About New York

New York, USA, is a diverse state offering both the fast-paced, culturally rich environment of New York City and the more tranquil, naturally beautiful landscapes of upstate regions. The state's economy, the third largest in the U.S., is heavily driven by service-providing sectors, with finance, healthcare, and professional and business services being major industries, particularly in NYC. Living costs are significantly higher than the national average, especially in New York City where housing is a primary expense, though more affordable options exist upstate. The climate ranges from humid continental in upstate areas with cold, snowy winters and warm summers, to a humid subtropical climate in the New York City metropolitan area, characterized by hot, humid summers and moderately cold winters. The lifestyle varies from the constant energy and extensive cultural, dining, and career opportunities of NYC to a slower pace with abundant outdoor recreation in other parts of the state.

46,773
Population
$55K
Avg Salary
110
Cost Index
65.0
Quality Score

Quality Scores

Business
60
Livability
68
Affordability
75
Growth
58

Cost of Living

The cost of living in Binghamton is generally considered more affordable than the national average, though some sources present conflicting data. According to Salary.com, Binghamton's cost of living in 2026 is 3% higher than the U.S. national average, with housing costs being 27.7% lower. However, other analyses suggest it is less expensive than the national average. Housing is a significant factor in the overall cost, with average rents for a one-bedroom apartment in the city center around $1,138 per month. Utilities, food, and transportation costs contribute to the monthly expenses, with groceries for an individual averaging around $404 per month.

Average Rent
$1,138/mo
Groceries
$404/mo
Transport
$312/mo
Utilities
$194/mo
Healthcare
$226/mo
Gym membership (monthly)
$48.00
Cinema ticket
$13.00
Restaurant meal (mid-range)
$25.00
Monthly groceries
$404.00
Doctor visit (without insurance)
$171.00

Salary Insights

Binghamton's economy has transitioned from its heavy manufacturing past to a more diversified landscape. Key industries driving employment in the region include healthcare, education, advanced manufacturing, technology, hospitality, and construction. Major employers like Binghamton University, Lockheed Martin, BAE Systems, and United Health Services contribute significantly to the job market. From 2023 to 2024, employment in Binghamton saw a growth rate of approximately 0.8%. The region has also seen new private investment, with over $174 million in 2024, supporting job creation in high-growth sectors like clean energy manufacturing and affordable housing.

The average salary in Binghamton is $55,000 per year. You would need approximately $45,000 to live comfortably.

Top Industries

Education +2.00% Healthcare +2.50% Advanced Manufacturing +1.50% Technology +1.80% Hospitality +1.00%

Climate

🌡️
Avg Temp
☀️
Summer High
❄️
Winter Low
🌧️
"
Annual Rain
💧
70.00%
Humidity
🌤️
Sunny Days

Transport

Getting around Binghamton primarily involves driving, with an average commute time of 16 minutes. The city has an average Walk Score of 55, indicating that some errands can be accomplished on foot, particularly in more walkable neighborhoods like First Ward and Southside East. The Transit Score for Downtown Binghamton is 33, suggesting limited public transportation options. Car ownership is common, with an average of two cars per household in the metro area. Public bus services are available, and for Binghamton University students, bus systems are often free with a student ID.

16 min
Avg Commute
33.00/10
Transit Score
55.00/10
Walkability
Medium
Car Dependency

Pros & Cons

Advantages
The average commute time in Binghamton is relatively short at 16 minutes, offering more personal time.
Housing costs are generally lower than the national average, with a median home price of $194,000 as of December 2025.
The presence of Binghamton University provides a vibrant cultural scene and educational opportunities.
The city's economy is diversifying with growth in healthcare, education, and advanced manufacturing sectors.
Binghamton offers access to natural landscapes and outdoor recreational activities due to its river confluence and surrounding hills.
Drawbacks
Binghamton has a high crime rate, with total crime being 86% higher than the national average based on 2024 FBI data.
The unemployment rate in Binghamton was 4.3% in 2026, slightly higher than the national average.
Public transportation options are limited, as indicated by a Transit Score of 33 for Downtown Binghamton.
Despite some positive economic indicators, the Binghamton metro area experienced a 2.8% population decrease over a 10-year period leading up to 2024.
Drug-related crime remains a significant concern in the Binghamton area, despite a decrease in overdose rates.

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