NAICS 44-45

Retail Trade in Binghamton, NY

Metro Market Score 60.2 (Difficult), ranked #254 of 378 metros. 712 establishments, 10,613 jobs.

Metro Market Score 60.2

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national retail trade average.

⚡Rising Wages

Market conditions for retail trade in Binghamton are tougher than average. The 60.2 market score reflects a combination of moderate wages, slowing employment, and moderate competition. Rank: #254 of 378 metros.

Industry Concentration

42.6

LQ: 1.11

Rank #161 of 378 metros

Wage Competitiveness

51.1

$37,688 avg wage

Growth Trend

↓ 27.3

Employment growth index

Rank #276 of 378 metros

Wage Pressure

74.6

YoY wage change index

712 Retail Trade Firms in Binghamton

712

Establishments

-4.2% YoY

10,613

Total Employment

-1.5% YoY

$37,688

Average Annual Wage

+2.5% YoY

1.11

Location Quotient

Above national avg

Within New York

#5 of 13

retail trade metros in state

New York state rank

#49 of 51

for retail trade entry risk

vs State Median

-3.8

better than median (63.9)

Binghamton vs New York Statewide

How this metro's retail trade market compares to New York overall. The state ranks #49/51 for entry risk.

Measure	Binghamton	NY Statewide
Overall Score	60.2 Difficult	57.2 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#254 of 378 metros	#49 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 Information 54.9 Healthcare and Social Assistance 58.7 Other Services 59.3

Retail Trade in Other New York Metros

Ithaca 34.3 #19/378 Buffalo-Cheektowaga 42.4 #62/378 Albany-Schenectady-Troy 55.5 #202/378 Syracuse 57.9 #230/378 Rochester 62.6 #281/378 Elmira 63.9 #299/378 Kingston 64.4 #304/378 Kiryas Joel-Poughkeepsie-Newburgh 66.0 #313/378 Utica-Rome 66.3 #316/378 New York-Newark-Jersey City 70.0 #339/378

+ 2 more metros. View all in New York →

Retail Trade Metros With Similar Conditions

Metros within 5 points of Binghamton's 60.2 score. Useful when comparing markets with comparable entry profiles.

Urban Honolulu, HI 60.1 #253/378 Fort Smith, AR 60.2 #255/378 Winston-Salem, NC 60.3 #256/378 Davenport-Moline-Rock Island, IA 60.0 #252/378 Sacramento-Roseville-Folsom, CA 60.0 #251/378 Las Vegas-Henderson-North Las Vegas, NV 60.4 #257/378 South Bend-Mishawaka, IN 60.4 #258/378 Rockford, IL 60.5 #259/378 Charlottesville, VA 59.8 #250/378 Tucson, AZ 60.5 #260/378

Retail Trade in States Bordering New York

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

Massachusetts 37.1 #4/51 Pennsylvania 38.1 #6/51 New Jersey 43.7 #27/51 Connecticut 44.7 #31/51 Vermont 52.1 #45/51

Browse Retail Trade in Other States

State-level entry risk reports for retail trade 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 retail trade sector, the employment growth component (72.8) 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