Binghamton, NY — income, home value, property tax, and sales tax.
In ZIP code 13833, near Binghamton, homes carry a median value of $130,000, and the county's 2.52% effective property tax rate works out to roughly $3,276 a year on such a home. With median household income at $60,409, that tax bill absorbs a little over 5% of annual earnings before mortgage costs even enter the picture. Per-capita income sits at $30,666, so individual earners feel the squeeze more sharply. Add an 8.00% combined sales tax on purchases, and the overall cost of living here leans on paychecks from several directions at once.
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