Town of Binghamton — Financial Data

4,617 Population FY 2024

$660 Town-Wide Per Capita Spending All residents incl. villages FY 2025

1.3% Debt Service FY 2025

3.3 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

8.2% Poverty Rate 2023

44.8% Bachelor's+ Rate 2023

6.3% Unemployment Rate 2023

90.5% Homeownership Rate 2023

Median Household Income

$93,828 (2023)

2010 2023

Per Capita Income

$44,045 (2023)

2010 2023

Median Home Value

$192,700 (2023)

2010 2023

Median Gross Rent

$1,446 (2023)

2010 2023

Median Age

49.5 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2025

Fiscal Health

Debt Outstanding

$1,053,137 (2024)

2011 2024

Full Value of Taxable Property

$388,584,544 (2024)

2011 2024

Debt Service

$38,550 (2025)

1995 2025

Debt Service %

1.3% (2025)

1995 2025

Town-Wide Per Capita Spending

$660 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$1,688,474 (2025)

1995 2025

Real Property Taxes And Assessments

$645,057 (2025)

1995 2025

State Aid

$520,537 (2025)

1995 2025

Use And Sale Of Property

$181,621 (2025)

1995 2025

Other Non Property Taxes

$52,389 (2025)

1995 2025

Top Expenditures

Transportation

$1,637,019 (2025)

1995 2025

General Government

$558,487 (2025)

1995 2025

Employee Benefits

$493,817 (2025)

1995 2025

Culture And Recreation

$155,249 (2025)

1995 2025

Public Safety

$147,581 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Binghamton OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Binghamton OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Binghamton OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Binghamton FSMS Report 2024	FSMS_MONITORING
2023	Town of Binghamton Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 030307300000

School Details

Not applicable for this entity type.