Most of Binghamton is in Broome County, where a full-time job needs to pay at least $24.92 an hour before taxes to take home four times the typical studio rent.
Across the 5 ZIP codes in Binghamton with HUD rent figures, studio rents run from $790 to $1,000 a month. At the middle rent, $850, a full-time job would need to pay $26.60 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 13901 | Broome County | $800/mo | $24.92/hr |
| 13902 | Broome County | $1,000/mo | $31.63/hr |
| 13903 | Broome County | $790/mo | $24.58/hr |
| 13904 | Broome County | $850/mo | $26.60/hr |
| 13905 | Broome County | $920/mo | $28.95/hr |
Under the Four Times Rent standard, a full-time job in Binghamton needs to pay at least $24.92 an hour before taxes, about $51,834 a year. That is the figure for Broome County, where the typical studio rent is $800 a month.
Yes. Across the 5 ZIP codes in Binghamton with HUD rent figures, studio rents run from $790 to $1,000 a month. At the middle rent of $850, the pay needed would be $26.60 an hour.
The minimum wage in Broome County is $16.00 an hour. The Four Times Rent standard there is 1.6 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads