Below Average CostHigher than AverageBINGHAMTON CITY SCHOOL DISTRICT
Binghamton, New York, USA · Quintin Soloviev / CC BY 4.0Broome County Courthouse · Jim Danvers / CC BY 2.0MainST Binghamton (cropped) · yohey1028 / Public domainRoss Park Carousel 1 · Ammodramus / CC0
Binghamton is a small city of 47,617 in New York, with a median household income of $42,031
and a 10.1% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
Binghamton stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.
Trade-offs:
Potential downsides include a higher-than-average crime index, an elevated unemployment rate. Whether Binghamton is right for you depends on your priorities — the full breakdown is below.
All Binghamton city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.1
Binghamton's overall cost of living index is 94.1,
where 100 represents the US national average.
Living in Binghamton costs roughly 6% less than the average American city.
Metric
Binghamton, NY
National Avg
Median Home Value
$117,400
$244,900
Median Monthly Rent
$805
$1,163
Homeownership Rate
43.6%
65.9%
Median Household Income
$42,031
$74,755
Crime & Safety
Higher than Average
Binghamton's violent crime rate is 532.6 per 100,000 residents
— 40% higher than the national average of ~380 per 100,000.
Violent Crime
532.6 /100k
Property Crime
3413.3 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Binghamton is served primarily by BINGHAMTON CITY SCHOOL DISTRICT.
The student-to-teacher ratio is 10.2:1
(better than the national average of ~16:1).
Metric
Binghamton, NY
National Avg
School District
BINGHAMTON CITY SCHOOL DISTRICT
—
Elementary Schools
7
—
Middle Schools
2
—
High Schools
1
—
Student/Teacher Ratio
10.2:1
16:1
Bachelor's Degree or Higher
30.7%
35.4%
High School Diploma or Higher
86.0%
91.1%
Weather & Climate
Binghamton sees average highs of 29.5°F in January
and 78.4°F in July,
with 43.1 inches of annual precipitation
and 86.5 inches of snow per year.
Binghamton's cost of living index is 94, where 100 is the national average.
That makes Binghamton roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $117,400 and median rent is $805/month.
Binghamton's violent crime rate is 532.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 3413.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Binghamton are operated by BINGHAMTON CITY SCHOOL DISTRICT.
The district has 7 elementary, 2 middle, and 1 high schools.
The student-to-teacher ratio is 10.2:1. 30.7% of adults 25+ hold a bachelor's degree or higher.
Binghamton, NY has a population of 47,617, a median household income of $42,031, and an unemployment rate of 10.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Binghamton averages 29.5°F in January and 78.4°F in July. Annual rainfall is 43.1 inches
with about 86.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Binghamton, NY is covered by 3 ZIP codes: 13905, 13903, 13904.
The population of Binghamton, New York is 47,617 with a median age of 35.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Binghamton: cost of living index 94 (100 = US average), median home $117,400, median household income $42,031, crime index 149 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Binghamton side by side with your current city to see the trade-offs.
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