District Profiles
Binghamton Metro Area
Broome and Tioga Counties

Broome County, which includes the city of Binghamton, has a population of just over 200,000, based on the 2010 Census. The Binghamton metro area also includes Tioga County, with a much sparser population of 51,000. The population in these two counties was little changed between 2000 and 2010. Metropolitan Binghamton lags the state and the nation in income and educational attainment. Based on 2009 data, median household income is just under $46,000, versus $50,000 for the US. Despite the dominant presence of Binghamton University (SUNY), just under 25 percent of Binghamton-area adults hold college degrees—slightly below the nationwide rate of 27.5 percent. The region has a sizable presence of computer and electronics and defense-related manufacturing, though less so than in the past. During the latest recession, the Binghamton metro area registered a job loss of roughly 7 percent—steeper than that seen for New York State as a whole but roughly on par with the nation. Home prices did not appreciate as rapidly as in the nation as a whole during the 2000-2006 housing boom, but fell far less than the nation when home prices declined thereafter.1

Recent Trends
The Binghamton metro area still lags far behind much of the state in recovering the jobs that it lost during the recession. However, job growth during the first half of 2012 has been comparatively strong, outpacing growth in the nation, state, and many of the state’s other metropolitan areas. Most of the growth has come from private-sector jobs, particularly in education and health services and professional and business services, though state and local government employment has also rebounded. Construction-related job growth has remained weak. Manufacturing has seen modest job gains, but it is still down more than 4,300. While the employment situation has improved so far in 2012, unemployment has been drifting upward and stands at nearly 9 percent. Home prices have been rising in 2012 at a solid pace, but they still have a long way to go to recover the ground lost during the recession.

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1Trends in home prices referred to here are all based on repeat-sales indexes from CoreLogic.

  Binghamton MSA*: selected characteristics
    Population in 2010 % of 2010 Population that is1  
  Total Population1 % Change from 20001 per Sq. Mile2 Black Hispanic Asian  
  Binghamton Metro Area 251,725   -0.2   205  4.0  3.0  3.0 
    Broome 200,600   0.0   284  4.8  3.4  3.5 
    Tioga 51,125   -1.3   99  0.7  1.4  0.7 
  New York State 19,378,102   2.1   410  15.9  17.6  7.3 
  USA 308,745,538   9.7   87  12.6  16.3  4.8 

  Binghamton MSA*: selected characteristics
    Median % of Homes % of Adults with5  
  Household Income3 Home Value4 Owner Occupied4 College Degrees HS Degrees  
  Binghamton Metro Area $45,605   $101,600   69.4   24.5   88.1 
    Broome $43,984   $101,300   67.0   25.0   88.3 
    Tioga $51,206   $102,800   78.5   22.3   87.5 
  New York State $54,659   $310,000   55.4   31.8   84.2 
  USA $50,221   $191,900   66.4   27.5   84.6 
* Metropolitan Statistical Areas (MSAs) are metro areas defined by the Office of Management and Budget for use by federal statistical agencies.
1 Source: US Bureau of the Census, decennial Census of Population.
2 Source: U.S. Census Bureau, Census of Population; land area data from the U.S. Census Bureau’s geographic database (TIGER® database) for Census 2000.
3 Source: U.S. Bureau of the Census, American Community Survey, 2009 (1-year estimates)
4

Source: U.S. Bureau of the Census, American Community Survey, 2007-09 (3-year estimates)

5

Source: U.S. Bureau of the Census, American Community Survey, 2006-08 (3-year estimates)

October 2012