Moving to Binghamton
What you need to know before relocating to Binghamton, New York. Data-driven insights on housing, jobs, safety, and quality of life.
Is Binghamton a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Binghamton compares favorably on multiple dimensions. Highlights include rent ($921/mo) is below the national average; home prices ($157,300) are well below the us median; low uninsured rate (5.4%) and good healthcare access.
Binghamton at a Glance
Cost of Living in Binghamton
The median rent in Binghamton is $921/month, while the median home value is $157,300. With a median household income of $64,035, residents spend roughly 17% of monthly income on rent.
Overall, the Binghamton metro area is classified as affordable compared to other US metros.
Job Market
Binghamton has a median household income of $64,035, which is 14% below the national median. The local unemployment rate is 3.6%, compared to the national average of 3.7%.
Safety in Binghamton
The violent crime rate in Binghamton is 390 per 100,000 residents, which is 3% above the national average of 380.
Property crime rate: 1799 per 100,000 residents.
Education in New York
New York has a high school graduation rate of 88% and per-pupil spending of $33,437/year. The student-to-teacher ratio is 11:1.
41% of New York adults hold a bachelor's degree or higher.
Healthcare Access
New York has 389 physicians per 100,000 residents, a 5.4% uninsured rate, and 3.0 hospital beds per 1,000 people. Life expectancy in New York is 79.0 years.
Pros and Cons of Living in Binghamton
+Pros
- ✓Rent ($921/mo) is below the national average
- ✓Home prices ($157,300) are well below the US median
- ✓Low uninsured rate (5.4%) and good healthcare access
-Cons
- ✗Longer-than-average commute (96465 min)
Frequently Asked Questions
Is Binghamton a good place to live?⌄
Binghamton, New York has several attributes that make it an attractive place to live, including rent ($921/mo) is below the national average and home prices ($157,300) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Binghamton?⌄
The median rent in Binghamton is $921/month and the median home value is $157,300. The median household income is $64,035. Overall the metro is considered affordable.
Is Binghamton safe?⌄
Binghamton has a violent crime rate of 390 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Binghamton?⌄
Binghamton has an unemployment rate of 3.6%, compared to the national average of 3.7%. The median household income is $64,035.