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Binghamton, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
47,151
Population
$45,578
Median Income
$124,800
Home Value
35.9
Median Age

Demographics

Binghamton has a population of 47,151 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:

White
66.3%
Black
14.6%
Hispanic
9.5%
Asian
6.9%
Other
2.7%
Demographic Value
Total Population47,151
Median Age35.9
White66.3%
Black or African American14.6%
Asian6.9%
Hispanic or Latino9.5%
Other / Two or More Races2.7%
Binghamton, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.3%Black: 14.6%Hispanic/Latino: 9.5%Asian: 6.9%Other: 2.7%47,151PopulationWhiteWhite66.3%BlackBlack14.6%Hispanic/LatinoHispanic/Latino9.5%AsianAsian6.9%OtherOther2.7%

Income & Economy

The median household income in Binghamton is $45,578, which is 43.5% below the national median of $80,610. The per capita income is $30,320. The poverty rate is 32.6%.

$45,578
Median Household Income
$30,320
Per Capita Income
32.6%
Poverty Rate

Employment

The unemployment rate in Binghamton is 4.2%, compared to the national rate of 4.1%.

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Education

In Binghamton, 87.2% of residents age 25+ have a high school diploma or higher, and 30.7% hold a bachelor's degree or higher (15.0% with a graduate or professional degree).

HS Diploma+
87.2%
Bachelor's+
30.7%
Graduate+
15.0%
Education Level % of Adults (25+)
High School Diploma or Higher87.2%
Bachelor's Degree or Higher30.7%
Graduate or Professional Degree15.0%

Housing

The median home value in Binghamton is $124,800, below the national median of $303,400. The median monthly rent is $870. The homeownership rate is 44.0%.

$124,800
Median Home Value
$870/mo
Median Rent
44.0%
Homeownership Rate
Housing Metric Value
Median Home Value$124,800
Median Monthly Rent$870
Homeownership Rate44.0%
Vacancy Rate16.0%

Salaries in New York

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Frequently Asked Questions

What is the population of Binghamton, New York?
The population of Binghamton, New York is 47,151 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Binghamton, New York?
The median household income in Binghamton, New York is $45,578. This is 43.5% below the national median of $80,610.
What is the median home value in Binghamton, New York?
The median home value in Binghamton, New York is $124,800. The median monthly rent is $870.
What percentage of people in Binghamton have a college degree?
In Binghamton, New York, 30.7% of adults age 25 and older hold a bachelor's degree or higher, and 87.2% have a high school diploma or higher.
Is Binghamton, New York an affordable place to live?
The home price-to-income ratio in Binghamton, New York is 2.7x (median home value $124,800 vs. median income $45,578), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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