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2024 Compare Cities Economy:
Rochester, MN vs Binghamton, NY

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Highlights
- Household income in Binghamton, is 51% less than it is in Rochester and is 77% below the National Average.
- Rochester unemployment rate is 3.6%.
- Binghamton unemployment rate is 7.7%.

Economy
 Rochester, MNBinghamton, NYUnited States
 Unemployment Rate3.6%7.7%6.0%
 Recent Job Growth0.4%-0.3%1.6%
 Future Job Growth34.7%18.2%33.5%
 Sales Taxes8.1%8.0%6.2%
 Income Taxes7.1%6.2%4.6%
 Income per Cap.$43,827$27,784$37,638
 Household Income$79,159$39,012$69,021
 Family Median Income$101,963$51,257$85,028
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 Est. Households By Income
 Rochester, MNBinghamton, NYUnited States
 Income Less Than 15K6.9%21.2%9.4%
 Income between 15K and 20K3.4%7.2%3.8%
 Income between 20K and 30K5.6%11.4%8.1%
 Income between 30K and 40K6.0%11.2%8.0%
 Income between 40K and 50K7.5%7.8%7.6%
 Income between 50K and 60K6.6%6.2%7.2%
 Income between 60K and 75K11.4%8.3%9.6%
 Income between 75K and 100K13.9%10.4%12.8%
 Income between 100K and 150K18.8%9.4%16.3%
 Income between 150K and 200K9.4%3.0%7.8%
 Income greater than 200K10.5%3.7%9.5%
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 Population By Occupation
 Rochester, MNBinghamton, NYUnited States
 Management, business, finance13.1%11.5%16.4%
 Engineering, computers, science10.5%4.9%6.5%
 Community, social services2.2%2.4%1.8%
 Legal0.6%2.1%1.2%
 Education, library6.8%11.0%6.2%
 Arts, design, media, sports, entertainment2.3%1.7%2.0%
 Healthcare practitioners and technology18.6%6.3%6.2%
 Healthcare support4.6%6.0%3.3%
 Firefighters, law enforcement0.8%1.9%2.1%
 Food preparation, serving5.4%9.2%5.4%
 Building maintenance3.1%4.1%3.6%
 Personal care2.4%2.8%2.6%
 Sales, office, administrative support16.4%20.4%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair4.8%4.6%8.1%
 Production, transportation, material moving8.4%11.0%13.1%

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Reviews for Rochester    31 Reviews

Roch (and Minnesota) is a great place IF you live off the govt dole; subsidize undesirable things (through generous welfare benefits, lax law enforcement and sentences,  More

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Rochester is very vanilla. As a progressive, this place is not good. The area leans conservative and you'll see Trump signs everywhere... so that tells you the type of  More

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Over 4 years ago

I moved here over 20 years ago from California and I was in shock for the first couple of years that people actually lived in such a cold climate! Winter starts around  More

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Reviews for Binghamton    29 Reviews

Marg · 

Very cool place with loads of popular restaurants (some award winning), hiking, winter activities/sports, fishing, boating, central location -making it SO EASY for  More

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Over 3 years ago

I can't understand the strong negativity, at least not totally. I have been here for a while now and have been (years ago). Back in the big recession there were some  More

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Over 3 years ago

I've lived in this area my whole life-all 23 years of it. Even in my lifetime about half the businesses I remember are now boarded up often with no replacements. So many  More

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ZIPS IN ROCHESTER, MINNESOTA
55901 55904 55902 55906 55905
ZIPS IN BINGHAMTON, NEW YORK
13905 13903 13904

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