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Binghamton, NY
Considering a move to Binghamton, NY? This vibrant city of 47,566 offers affordable living with median home prices around $115,000 and average 2-bedroom rents at $880. Commute times are short, averaging just 18 minutes, and you’ll find reputable schools plus higher education options nearby. While crime rates are higher than average, the city features a lively college-town atmosphere, excellent healthcare facilities, and four-season weather with colorful falls and snowy winters. Discover Binghamton’s welcoming community and value-driven lifestyle below.
Binghamton, NY is home to about 47,500 residents, featuring a youthful median age of 34 and a diverse community where nearly three-quarters identify as White, with notable Black and Asian populations. The city is moderately dense, and over 8% of residents speak a language other than English at home, reflecting its multicultural character.
Living in Binghamton is budget-friendly, with a median home value of $115,000 and average rents around $880 for a two-bedroom apartment. The overall cost of living index is well below the national average, making essentials and housing especially affordable for new residents.
Binghamton experiences higher-than-average crime rates, with a 1 in 197 chance of being affected by violent crime and property crime chances at 1 in 47. While these numbers suggest vigilance is needed, many neighborhoods remain safe and community-focused.
Residents enjoy four distinct seasons, from snowy winters with lows near 15°F to warm summers reaching highs around 79°F. The city sees about 39 inches of annual rainfall and has nearly 48% sunny days, contributing to vibrant falls and lush springs.
The city’s median household income is $39,400, with a family income of $52,300 and a poverty rate just over 31%, highlighting economic diversity. Most residents have at least a high school diploma, and average commutes are quick at under 18 minutes.
Binghamton features a range of public and private schools with favorable student-teacher ratios, as well as access to higher education at Binghamton University and SUNY Broome Community College. Families benefit from educational options for all ages within close proximity.
Binghamton offers strong healthcare access through facilities like UHS Wilson Medical Center and Lourdes Hospital, with an impressive 92% of residents covered by health insurance. The area also benefits from a high physician-to-population ratio, ensuring reliable medical care.
Homeownership is attainable in Binghamton, with a median home price of $115,000 and rent for a two-bedroom averaging $880. The housing market sees moderate appreciation and a healthy rental vacancy rate, appealing to both buyers and renters.
Residents can access full motor vehicle services at the New York State DMV office on Chenango Street in Binghamton, offering convenient licensing, registration, and related assistance. The office is easily reachable and supports all standard DMV needs.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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