Binghamton, New York — Tax Burden
What is the tax burden in Binghamton, New York?
Binghamton, New York has a total tax burden of 16.28%, ranking #242 nationally. Property tax rate: 2.99%, state income tax: 5.107%, sales tax: 8.52%. Median household income is $42,031.
Source: US Census ACS, 2022
Ranked #242 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
16.28%
Rank: 242nd nationally
Property Tax Rate
2.99%
Rank: 117th nationally
Income Tax Rate
5.107%
New York state rate
Sales Tax Rate
8.52%
State + local combined
Tax Burden Breakdown
Property (51%)Income (31%)Sales (17%)
Median Income: $42,031
Median Home Value: $117,400
Median Property Tax: $3,515/yr
Population: 47,617