Binghamton Hourly Wage & Salary 2026
Binghamton, NY: $23.78/hr median hourly wage, $49,460 median annual salary, cost of living index 125.7, and $15.00/hr minimum wage. Calculate take-home pay with federal and New York taxes.
Binghamton Hourly Wage Quick Answer
The median hourly wage in Binghamton, NY is $23.78/hr,and the median annual wage is $49,460. Entry-level pay estimates around $14.74/hr, senior-level pay estimates around $33.77/hr, and the local minimum wage is $15.00/hr.
Median figures: BLS OEWS May 2025, all occupations, Binghamton, NY metropolitan statistical area (97,030 jobs). BLS publishes wages by metro area, not by city, so Binghamton shares this figure with the rest of its metro. Entry and senior levels are Salario estimates.
Median Salary
$49,460
$23.78/hr
Cost of Living
125.7
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
4.3%
rate
Binghamton, NY Overview
Population
47,969
Median Salary
$49,460
Average Salary
$65,460
Avg Commute
19 min
Median Home Price
$441,000
Median Rent
$1,788/mo
Job Growth
+2.1%
Sales Tax
4%
Binghamton is located in New York with a population of 47,969. The median annual wage across all occupations is $49,460 ($23.78/hour, BLS OEWS May 2025, Binghamton, NY metro), which is $1,520 below the national median of $50,980. The national median is the BLS OEWS May 2025 all-occupations median annual wage. The average commute time is 19 minutes, and the city has a job growth rate of +2.1%.
Binghamton Salary by Experience Level (2026)
Wage distribution in Binghamton, NY built around the $49,460 median salary (BLS OEWS May 2025, all occupations, Binghamton, NY metro). Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile. The non-median rows are Salario estimates.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $30,665 | $14.74/hr | 0–2 years |
| Mid-Level (Median) | $49,460 | $23.78/hr | 3–7 years |
| Senior-Level | $70,233 | $33.77/hr | 8–15 years |
| Top 10% (90th Percentile) | $88,039 | $42.33/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) are Salario approximations of the typical all-occupations wage spread in BLS OEWS metro tables; only the median row is a published BLS value. Specific roles vary; see jobs by city for role-specific data.
Binghamton Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Binghamton, NY, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,026
$3,252.19/month · $1,501.01/biweekly · Effective Rate: 21.1%
Biweekly paycheck estimate: this salary equals about $1,501.01 take-home per paycheck after estimated New York and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.
Gross Pay
$49,460
Federal Tax
-$3,755
State Tax
-$2,074
Local Tax
-$821
FICA
-$3,784
Net Pay
$39,026
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,121.67 | $49,460.00 |
| Federal Income Tax | -$312.93 | -$3,755.20 |
| New York State Tax (4.19% eff.) | -$172.82 | -$2,073.84 |
| Local Tax (1.66%) | -$68.42 | -$821.04 |
| Social Security (6.2%) | -$255.54 | -$3,066.52 |
| Medicare (1.45%) | -$59.76 | -$717.17 |
| Net Take-Home Pay | $3,252.19 | $39,026.23 |
Salary Comparison: Binghamton vs Other Cities
See how Binghamton's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Binghamton, NY | $49,460 | 125.7 | $39,348 |
| National Average | $50,980 | 100 | $50,980 |
| Chesterfield Township, MI | $49,466 | 85.4 | $57,923 |
| Reading, PA | $49,440 | 85 | $58,165 |
| Virginia Beach, VA | $49,430 | 105 | $47,076 |
| Chesapeake, VA | $49,430 | 100 | $49,430 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Binghamton
Binghamton's cost of living index is 125.7 (national average = 100). Living in Binghamton is 25.700000000000003% more expensive than the national average.
Median Home Price
$441,000
Median Monthly Rent
$1,788
Annual Rent Cost
$21,456
Your Salary's Purchasing Power
Your $39,026 annual take-home pay in Binghamton has the purchasing power of approximately $31,047 in an average-cost US area. You would need to earn $62,171 in Binghamton to match a $49,460 salary in an average-cost city.
Top Industries in Binghamton
Binghamton's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $49,460.
Salary Tips for Binghamton Workers
- Negotiate for cost of living. Binghamton has a cost of living 25.700000000000003% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a top 10.9% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Binghamton's top industries include Finance, Technology, Healthcare. Targeting roles in these sectors can help you earn above the $49,460 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Other Cities in New York
Brentwood
Brighton
Buffalo
Centereach
Central Islip
Cheektowaga
Clarkstown
Clay
Colonie
Commack
Coram
East Meadow
Methodology & Local Economy Data Sources
How we calculate Binghamton salary data: The median annual wage, median hourly wage and mean wage are the official BLS OEWS May 2025 all-occupations values for the Binghamton, NY metropolitan statistical area, retrieved from the BLS Public Data API on September 17, 2026. BLS does not publish city-level wages, so every city inside that metro shows the same figure. The entry/senior/top-10% rows, the paycheck estimate and the purchasing-power conversion are Salario calculations built on that median. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Binghamton indexed at 125.7.
- Median salary: $49,460 annual, $23.78 hourly, BLS OEWS May 2025, all occupations, Binghamton, NY MSA (97,030 jobs surveyed). Mean wage $65,460 (BLS). Salario's previous modeled median for Binghamton was $60,537.
- Tax burden reflects New York 2026 state income tax brackets and standard deduction (top rate 10.9%), plus Binghamton local tax of 1.66%, sales tax (4%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Binghamton: 4.3%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Finance, Technology, Healthcare, based on QCEW employment concentration data.
- Job growth: 2.1% projected through 2034, derived from BLS Employment Projections program for New York.
- Housing context: median home price $441,000, median rent $1,788/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Binghamton, NY:
- BLS Occupational Employment and Wage Statistics (OEWS), metropolitan area salary data
- BLS Local Area Unemployment Statistics, Binghamton unemployment rate
- U.S. Census Bureau, Binghamton QuickFacts, population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW), county-level industry employment
- BLS Economy at a Glance, New York, state economic indicators
- U.S. Bureau of Economic Analysis (BEA), local GDP and personal income data
- BLS Consumer Price Index (CPI-U), regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Binghamton's rapidly changing economy can shift these baselines, always verify with current job listings, employer offers, and recent New York labor market reports for the most current figures.
Reviewed by Harlan Voss · Last updated September 17, 2026 · Wage figures: BLS OEWS May 2025 release (published May 2026) · Census data current as of latest releases
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
Related Salary Tools
Frequently Asked Questions
What is the hourly wage in Binghamton, NY?
The median hourly wage in Binghamton, NY is $23.78 per hour, the BLS OEWS May 2025 median for all occupations in the Binghamton, NY metropolitan area, and the BLS median annual wage is $49,460. Entry-level workers are estimated around $14.74/hr, while senior-level workers are estimated around $33.77/hr before overtime, bonuses, or benefits (Salario estimates, not BLS percentiles).
What is the median salary in Binghamton, NY?
The median salary in Binghamton, NY is $49,460 per year, or $23.78 per hour (BLS OEWS May 2025, all occupations, Binghamton, NY metro area). The BLS mean salary is $65,460. This is $1,520 below the BLS national median of $50,980.
What is the cost of living in Binghamton, NY?
Binghamton's cost of living index is 125.7 (national average = 100), meaning it is 25.700000000000003% more expensive compared to the national average. The median home price is $441,000 and the median monthly rent is $1,788.
What are the best industries in Binghamton?
The top industries in Binghamton, NY include Finance, Technology, Healthcare. The city has a job growth rate of 2.1% and an unemployment rate of 4.3%. Workers in these industries often earn above the city's median salary of $49,460.
How does Binghamton's salary compare to other cities?
Binghamton's median salary of $49,460 is 3.0% below the national median of $50,980. However, when adjusted for cost of living (index: 125.7), the real purchasing power is approximately $39,348.
What is the minimum wage in Binghamton, NY?
The minimum wage in Binghamton, NY is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.