Taxes in Binghamton
New York's graduated state income tax applies to Binghamton residents, but the city itself levies no separate local income tax -- against a real, disclosed, notably high effective property tax rate.
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Learn moreNo separate local income tax
Binghamton levies NO separate local or city income tax -- verified directly, and a real distinction from New York City and Yonkers, the only two NY municipalities that do.
New York's real, graduated state income tax
New York's 2026 state income tax runs across 9 brackets, from 4.0% to 10.9% -- the same statewide structure documented in this project's companion buffalo.js record.
A notably high effective property tax rate
Binghamton's own median effective property tax rate ran approximately 3.03% (median $4,368/year bill, well above the national median of $2,400) -- among the highest documented anywhere in this project's New York coverage.
Key takeaways
- Binghamton levies no separate local/city income tax, unlike NYC and Yonkers.
- New York's graduated 9-bracket state income tax (4.0%-10.9%) applies uniformly statewide.
- The effective property tax rate (~3.03%) runs among the highest documented anywhere in this project's New York coverage.
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