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Economy in Binghamton, New York

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyBinghamton, NYUnited States
Unemployment Rate7.70%8.60%
Recent Job Growth-0.73%0.35%
Future Job Growth30.84%32.10%
Sales Taxes8.00%5.00%
Income Taxes6.85%4.70%
Income per Cap.$21,278$26,154
Household Income$31,863$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K23.49%12.37%
Income between 15K and 25K18.19%10.53%
Income between 25K and 35K12.20%10.88%
Income between 35K and 50K14.88%15.37%
Income between 50K and 75K16.45%20.14%
Income between 75K and 100K6.75%12.41%
Income between 100K and 150K5.16%11.27%
Income between 150K and 250K2.05%5.01%
Income between 250K and 500K0.76%1.86%
Income greater than 500K0.09%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.88%14.04%
Professional and Related Occupations21.99%20.61%
Service20.86%14.45%
Sales and Office27.14%26.75%
Farming, Fishing, and Forestry0.09%0.70%
Construction, Extraction, and Maintenance5.48%9.42%
Production, Transportation, and Material Moving14.58%14.05%


Median Household Income

The unemployment rate in Binghamton, NY, is 7.70%, with job growth of -0.73%. Future job growth over the next ten years is predicted to be 30.84%.

Binghamton, NY Taxes

Binghamton, NY,sales tax rate is 8.00%. Income tax is 6.85%.

Binghamton, NY Income and Salaries

The income per capita is $21,278, which includes all adults and children. The median household income is $31,863.


Binghamton Economy SperlingViews

Economy and Employment: While Binghamton is charming to look at, with lots of old beautiful Victorian homes, finding gainful employment is somewhat of a challenge. Government county jobs are... (read more)Bored: I have lived in Binghamton for the past 11 yrs., my husband has been here all of his life. We enjoy live music, biking, and golf. This area has limited biking, several... (read more)Great entertainment for everyone: Binghamton has many diverse attractions available for everyone. Art walks, minor league baseball and hockey teams, a symphony, a zoo, many museums, gorgeous parks,... (read more)Have an opinion about Binghamton? Leave a commentTo See All SperlingViews for Binghamton Click Here