NAICS 51

Information in Binghamton, NY

Metro Market Score 54.9 (Challenging), ranked #215 of 294 metros. 83 establishments, 1,089 jobs.

Metro Market Score 54.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national information average.

Labor costs are a clear advantage in Binghamton's information sector. The wage competitiveness index of 18.7 puts it among the lowest-cost metros, and wage pressure at 27.4 suggests that gap is holding steady.

Industry Concentration

69.0

LQ: 0.61

Rank #203 of 294 metros

Wage Competitiveness

18.7

$61,729 avg wage

Growth Trend

↓ 8.5

Employment growth index

Rank #270 of 294 metros

Wage Pressure

27.4

YoY wage change index

83 Information Firms in Binghamton

Establishments

-3.5% YoY

1,089

Total Employment

-12.9% YoY

$61,729

Average Annual Wage

+11.2% YoY

0.61

Location Quotient

Below national avg

Within New York

#9 of 12

information metros in state

New York state rank

#42 of 51

for information entry risk

vs State Median

+6.2

worse than median (48.7)

Binghamton vs New York Statewide

How this metro's information market compares to New York overall. The state ranks #42/51 for entry risk.

Measure	Binghamton	NY Statewide
Overall Score	54.9 Challenging	50.5 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#215 of 294 metros	#42 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 Accommodation and Food Services 47.1 Construction 50.0 Finance and Insurance 51.6 Healthcare and Social Assistance 58.7 Other Services 59.3 Retail Trade 60.2

Information in Other New York Metros

Elmira 37.0 #99/294 Watertown-Fort Drum 38.7 #105/294 Kingston 40.7 #120/294 Utica-Rome 43.3 #140/294 Buffalo-Cheektowaga 46.2 #163/294 Glens Falls 47.9 #178/294 Kiryas Joel-Poughkeepsie-Newburgh 48.7 #183/294 Ithaca 54.0 #210/294 Syracuse 57.8 #225/294 Rochester 62.4 #248/294

+ 1 more metros. View all in New York →

Information Metros With Similar Conditions

Metros within 5 points of Binghamton's 54.9 score. Useful when comparing markets with comparable entry profiles.

Greenville-Anderson-Greer, SC 55.1 #216/294 Pittsfield, MA 54.5 #214/294 College Station-Bryan, TX 54.4 #213/294 Mankato, MN 54.3 #212/294 Bellingham, WA 55.4 #217/294 Albuquerque, NM 54.3 #211/294 Tulsa, OK 55.6 #218/294 Ithaca, NY 54.0 #210/294 Gainesville, FL 53.9 #209/294 Saginaw, MI 53.9 #208/294

Information in States Bordering New York

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Pennsylvania 31.8 #4/51 Massachusetts 40.2 #17/51 Vermont 45.1 #27/51 New Jersey 52.0 #46/51 Connecticut 54.5 #47/51

Browse Information in Other States

State-level entry risk reports for information 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 information sector, the employment growth component (91.5) 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