Binghamton, NY — income, home value, property tax, and sales tax.
Households in ZIP code 13850, near Binghamton, bring in a median of $83,403 a year, while per-capita income sits at $49,658. A median home value of $194,100 pairs with a county property tax rate of 2.52%, which works out to roughly $4,890 annually for a home at that value. Add an 8.00% combined sales tax on everyday purchases, and a meaningful share of earnings goes toward housing and consumption taxes. The gap between median household and per-capita income also hints at varied household sizes and earning arrangements across the area.
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