NAICS 72

Accommodation and Food Services in Binghamton, NY

Metro Market Score 47.1 (Moderate), ranked #97 of 298 metros. 540 establishments, 8,789 jobs.

Metro Market Score 47.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national accommodation and food services average.

⚡Rising Wages

Employment in Binghamton's accommodation and food services sector grew faster than most metros last year, pushing its growth trend index to 74.2. Combined with a 47.1 market score, this metro sits in the upper half for overall conditions.

Industry Concentration

44.0

LQ: 1.01

Rank #131 of 298 metros

Wage Competitiveness

56.0

$25,663 avg wage

Growth Trend

↑ 74.2

Employment growth index

Rank #78 of 298 metros

Wage Pressure

71.7

YoY wage change index

540 Accommodation and Food Services Firms in Binghamton

540

Establishments

+0.2% YoY

8,789

Total Employment

+1.8% YoY

$25,663

Average Annual Wage

+3.6% YoY

1.01

Location Quotient

Above national avg

Within New York

#1 of 13

accommodation and food services metros in state

New York state rank

#48 of 51

for accommodation and food services entry risk

vs State Median

-9.5

better than median (56.6)

Binghamton vs New York Statewide

How this metro's accommodation and food services market compares to New York overall. The state ranks #48/51 for entry risk.

Measure	Binghamton	NY Statewide
Overall Score	47.1 Moderate	58.6 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#97 of 298 metros	#48 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Binghamton

Real Estate and Rental and Leasing 40.2 Construction 50.0 Finance and Insurance 51.6 Information 54.9 Healthcare and Social Assistance 58.7 Other Services 59.3 Retail Trade 60.2

Accommodation and Food Services in Other New York Metros

Albany-Schenectady-Troy 48.4 #105/298 Utica-Rome 51.3 #124/298 Rochester 51.5 #128/298 Ithaca 54.9 #156/298 Kiryas Joel-Poughkeepsie-Newburgh 55.1 #158/298 Buffalo-Cheektowaga 56.6 #162/298 Syracuse 57.6 #170/298 Elmira 59.7 #182/298 New York-Newark-Jersey City 66.4 #237/298 Kingston 66.7 #238/298

+ 2 more metros. View all in New York →

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Binghamton's 47.1 score. Useful when comparing markets with comparable entry profiles.

Weirton-Steubenville, WV 47.2 #98/298 Florence, SC 47.5 #99/298 Philadelphia-Camden-Wilmington, PA 47.8 #100/298 Detroit-Warren-Dearborn, MI 47.8 #101/298 Trenton-Princeton, NJ 46.1 #96/298 Walla Walla, WA 46.1 #95/298 Gainesville, GA 46.1 #94/298 Elkhart-Goshen, IN 46.0 #93/298 Eagle Pass, TX 48.2 #102/298 Staunton-Stuarts Draft, VA 48.2 #103/298

Accommodation and Food Services in States Bordering New York

State-level entry risk for accommodation and food services in adjacent states. Use this to weigh cross-border options.

Massachusetts 28.4 #7/51 Pennsylvania 36.8 #24/51 Connecticut 37.3 #27/51 New Jersey 43.3 #34/51 Vermont 51.0 #43/51

Browse Accommodation and Food Services in Other States

State-level entry risk reports for accommodation and food services across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Binghamton's accommodation and food services sector, the wage pressure component (71.7) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Binghamton, NY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment