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2024 Compare Cities Economy:
Wakefield, MA vs Binghamton, NY

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Highlights
- Household income in Binghamton, is 65% less than it is in Wakefield and is 77% below the National Average.
- Wakefield unemployment rate is 5.2%.
- Binghamton unemployment rate is 7.7%.

Economy
 Wakefield, MABinghamton, NYUnited States
 Unemployment Rate5.2%7.7%6.0%
 Recent Job Growth4.1%-0.3%1.6%
 Future Job Growth41.3%18.2%33.5%
 Sales Taxes6.3%8.0%6.2%
 Income Taxes5.1%6.2%4.6%
 Income per Cap.$57,906$27,784$37,638
 Household Income$110,372$39,012$69,021
 Family Median Income$142,171$51,257$85,028
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 Est. Households By Income
 Wakefield, MABinghamton, NYUnited States
 Income Less Than 15K5.2%21.2%9.4%
 Income between 15K and 20K2.5%7.2%3.8%
 Income between 20K and 30K3.7%11.4%8.1%
 Income between 30K and 40K4.2%11.2%8.0%
 Income between 40K and 50K4.6%7.8%7.6%
 Income between 50K and 60K4.5%6.2%7.2%
 Income between 60K and 75K7.7%8.3%9.6%
 Income between 75K and 100K11.8%10.4%12.8%
 Income between 100K and 150K20.6%9.4%16.3%
 Income between 150K and 200K14.1%3.0%7.8%
 Income greater than 200K21.2%3.7%9.5%
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 Population By Occupation
 Wakefield, MABinghamton, NYUnited States
 Management, business, finance23.6%11.5%16.4%
 Engineering, computers, science12.0%4.9%6.5%
 Community, social services1.1%2.4%1.8%
 Legal2.1%2.1%1.2%
 Education, library9.2%11.0%6.2%
 Arts, design, media, sports, entertainment3.6%1.7%2.0%
 Healthcare practitioners and technology6.2%6.3%6.2%
 Healthcare support1.7%6.0%3.3%
 Firefighters, law enforcement2.3%1.9%2.1%
 Food preparation, serving2.7%9.2%5.4%
 Building maintenance0.7%4.1%3.6%
 Personal care2.1%2.8%2.6%
 Sales, office, administrative support19.4%20.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair6.8%4.6%8.1%
 Production, transportation, material moving6.5%11.0%13.1%

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Reviews for Wakefield    0 Reviews

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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 WAKEFIELD, MASSACHUSETTS
No Zip Codes Here.
ZIPS IN BINGHAMTON, NEW YORK
13905 13903 13904

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