Binghampton, ND is a small town located in the US with a wide range of opportunities. It has many local businesses such as The Corner Store, The Bank of Binghampton and The Local Bar & Grill which offer residents an array of services. Furthermore, 2 bedroom rent in Binghampton is $1,100 which is significantly cheaper than the national average of $1,430 for the same type of accommodation. Moreover, grocery cost index in Binghampton is 94 while it is 100 in the US making it 6% cheaper than the country’s average.
Binghampton has an unemployment rate of 3.7%. The US average is 6.0%.
Binghampton has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 12.5%, which is lower than the US average of 33.5%.
Tax Rates for Binghampton
- The Sales Tax Rate for Binghampton is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Binghampton is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Binghampton
- The average income of a Binghampton resident is $29,556 a year. The US average is $28,555 a year.
- The Median household income of a Binghampton resident is $55,893 a year. The US average is $69,021 a year.