Binghamton, NY — income, home value, property tax, and sales tax.
In ZIP code 13905, which covers part of Binghamton, homes carry a median value of $151,500 while the county-level effective property tax rate sits at 2.52%. That combination produces an annual tax bill that weighs heavily against a median household income of $53,362, since property taxes alone would claim a noticeable share of yearly earnings before other costs. Per-capita income reaches $33,452. Adding an 8.00% combined sales tax on purchases further tightens household finances, meaning buyers here should weigh both the initial home price and the ongoing tax load against what residents actually earn.
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