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2024 Compare Cities Economy:
Madison, WI vs Binghamton, NY

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Highlights
- Household income in Binghamton, is 45% less than it is in Madison and is 77% below the National Average.
- Madison unemployment rate is 3.3%.
- Binghamton unemployment rate is 7.7%.

Economy
 Madison, WIBinghamton, NYUnited States
 Unemployment Rate3.3%7.7%6.0%
 Recent Job Growth1.0%-0.3%1.6%
 Future Job Growth37.9%18.2%33.5%
 Sales Taxes5.5%8.0%6.2%
 Income Taxes6.3%6.2%4.6%
 Income per Cap.$42,693$27,784$37,638
 Household Income$70,466$39,012$69,021
 Family Median Income$101,190$51,257$85,028
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 Est. Households By Income
 Madison, WIBinghamton, NYUnited States
 Income Less Than 15K10.1%21.2%9.4%
 Income between 15K and 20K3.0%7.2%3.8%
 Income between 20K and 30K7.5%11.4%8.1%
 Income between 30K and 40K7.6%11.2%8.0%
 Income between 40K and 50K7.2%7.8%7.6%
 Income between 50K and 60K7.1%6.2%7.2%
 Income between 60K and 75K10.4%8.3%9.6%
 Income between 75K and 100K14.1%10.4%12.8%
 Income between 100K and 150K16.9%9.4%16.3%
 Income between 150K and 200K8.0%3.0%7.8%
 Income greater than 200K8.0%3.7%9.5%
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 Population By Occupation
 Madison, WIBinghamton, NYUnited States
 Management, business, finance17.0%11.5%16.4%
 Engineering, computers, science15.5%4.9%6.5%
 Community, social services2.2%2.4%1.8%
 Legal1.4%2.1%1.2%
 Education, library9.9%11.0%6.2%
 Arts, design, media, sports, entertainment2.6%1.7%2.0%
 Healthcare practitioners and technology7.4%6.3%6.2%
 Healthcare support3.1%6.0%3.3%
 Firefighters, law enforcement1.1%1.9%2.1%
 Food preparation, serving6.4%9.2%5.4%
 Building maintenance2.4%4.1%3.6%
 Personal care2.1%2.8%2.6%
 Sales, office, administrative support16.8%20.4%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair3.9%4.6%8.1%
 Production, transportation, material moving8.1%11.0%13.1%

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Reviews for Madison    78 Reviews

Unfortunately, a number of these reviews are politically based. Madison remains the only shining star in Wisconsin’s economy. The economy is broadly based, with  More

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Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting  More

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Lacks balance and zero accountability.   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 MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total
ZIPS IN BINGHAMTON, NEW YORK
13905 13903 13904

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