RANK #56 / 996 · POP 198,365 · NY
PROJECTED GROWTH: +3.3%
Broome County, New York, is known as the "Carousel Capital of America," home to six antique carousels. Located in the Southern Tier region of New York, it borders Pennsylvania to the south. The county seat, Binghamton, sits at the confluence of the Chenango and Susquehanna Rivers. Commuting to New York City is possible by bus, with trips taking around 3.5 to 5 hours, or by car in about 3.5 hours. The area offers a blend of urban and rural settings, with numerous parks, state forests, and miles of trails for outdoor recreation.
Life in Broome County offers a lower cost of living compared to the national average, with a variety of housing options in urban, suburban, and rural areas. Public schools in the county are generally above average. Binghamton University is a significant institution within the county. Recent economic developments have focused on attracting investment in sectors such as advanced manufacturing, clean energy, and housing. Efforts are also underway to support small businesses and enhance the local workforce.
Above national median
Below-average climate & terrain
Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.
Source: Redfin · Census BPS — Browse sales on Redfin →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Broome Technology Park
Broome County Industrial Development Agency (IDA)
|
$1,000M | Proposed |
|
Oakdale Commons Mixed-Use Development (Phases II & III)
Redevelopment of former Oakdale Mall
|
$200M | Under Construction |
|
Oakdale Battery Storage LLC
Oakdale Battery Storage LLC (BayWa r.e.)
|
$150M | Planned |
|
Bluestone Wind Farm
Bluestone Wind, LLC (Northland Power Inc.)
|
$112M | Operating |
|
Community Solar Portfolio (Boyle Project, Greater Binghamton Airport, and others)
SolarBank Corporation, Above Grid, Tesla Inc., Laertes Solar LLC, Delaware River Solar LLC, Citizens Enterprises Corporation
|
$60M | Under Construction |
|
Hooper Road Apartments
CDS Monarch
|
$29M | Under Construction |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 996 counties.
Broome County has a Boom Town Index score of 94/100, ranking #56 among 996 U.S. counties. With job growth at +2.0% and a median household income of $58,317, it's an above-average county on economic indicators.
The median home value in Broome County is $139,200 with median rent at $882/month. The income-to-home-value ratio is 0.4189, which is more affordable than the national average.
Population growth: -0.1% year-over-year. Job growth: +2.0%. Home values changed +3.9% in the past 12 months.
Yes — 3.69% of Broome County's population moved from another state, which is above the national average and indicates strong in-migration.