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2026 Compare Cities Housing:
Madison, NJ vs Binghamton, NY

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Highlights
- The median age of a home in Madison is 17.2% younger than the median age of a home in Binghamton.
 Madison, NJBinghamton, NYUnited States
 Median Home Age64  Unlock42
 Median Home Cost  Unlock$127,900$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.8%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$33.2$11.0
 Homes Owned61.4%  Unlock57.4%
 Housing Vacant  Unlock14.1%11.2%
 Homes Rented34.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Madison, NJBinghamton, NYUnited States
 Average Rent  Unlock$1,240$1,840
 Studio Apartment$1,520  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$760$1,180
 2 Bedroom Home or Apartment$2,160  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,260$1,860
 4 Bedroom Home or Apartment$3,220  Unlock$2,160
 space1
 Vacant Housing
 Madison, NJBinghamton, NYUnited States
 Vacant For Rent  Unlock4.6%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other2.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Madison, NJBinghamton, NYUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock11.0%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock16.1%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock12.2%13.0%
 $200,000 to $299,9990.9%  Unlock20.1%
 $300,000 to $399,999  Unlock3.5%13.6%
 $400,000 to $499,9995.0%  Unlock8.3%
 $500,000 to $749,999  Unlock1.8%9.7%
 $750,000 to $999,99923.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9998.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Madison, NJBinghamton, NYUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock1.2%13.6%
 2000 to 20094.1%  Unlock13.6%
 1990 to 1999  Unlock3.9%13.6%
 1980 to 19897.5%  Unlock13.2%
 1970 to 1979  Unlock8.5%14.8%
 1960 to 19696.7%  Unlock13.6%
 1950 to 1959  Unlock12.3%10.0%
 1940 to 19497.9%  Unlock4.7%
 1939 or Earlier  Unlock43.2%12.2%
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Reviews for Madison    3 Reviews
Matt · Madison, NJ
Old, wealthy town with some college vibrance
Over 13 years ago

I grew up in Madison, and while I seriously appreciate what growing up in the town had to offer, it was a town that I grew out of pretty fast. Madison is small, with  More

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LVB · Madison, NJ
Cost of living
Over 13 years ago

Madison is  More

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Michael · Madison, NJ
Madison NJ
Over 16 years ago

The Borough of Madison is located in Morris County. It is 23 miles by car, west of New York City and sits on the Mid-Town Direct rail line. Madison is well know for its  More

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Reviews for Binghamton    29 Reviews
Marg · 
Cute Underrated little city with room to grow
Over 5 years ago

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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Snow · Binghamton, NY
Be Part of the Solution
Over 5 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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Rachael · Vestal, NY
Binghamton is the worst!
Over 5 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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Learn More About Madison, New Jersey
Overview
Cost of Living
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Learn More About Binghamton, New York
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