Binghamton, NY — income, home value, property tax, and sales tax.
In ZIP code 13777, near Binghamton, homes are valued at a median of $195,700, while households earn $65,625 and per-capita income reaches $29,843. The county's 2.52% effective property tax rate means a home at that median value would generate roughly $4,932 in annual taxes — about 7.5% of median household income. Combined with an 8.00% sales tax, that leaves a meaningful squeeze on budgets in this area, since housing costs claim a sizable share of earnings before other expenses even enter the picture.
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