Binghamton, NY — income, home value, property tax, and sales tax.
In ZIP code 13902, which covers part of Binghamton, per-capita income sits at just $2,167 — an unusually low figure that shapes nearly every spending decision here. With so little coming in, a county property tax rate of 2.52% can weigh heavily on anyone who owns a home, since even a small assessment consumes a large share of earnings. The combined sales tax rate of 8.00% adds further pressure to everyday purchases like groceries, clothing, and household goods. Together, these costs mean tight margins for local households, and any budget here has to stretch carefully across housing, essentials, and the taxes attached to both.