Broome County, NY

This county of 194,702 residents needs 590 more housing units over the next five years. Broome County is part of the Binghamton Metropolitan Transportation Study.

Housing snapshot

Population
194,702 (2026)
Households
81,218
Median household income
$68,776 (2026)
Typical home value
$197,301
Owner-occupied
57%
Five-year housing need
590 units

Comparison to other New York counties

Broome County: $68,776 Median income (2026 estimate)
<$54K >$119K
Broome County: 0.94 jobs to household ratio
<0.57 >1.21
Broome County: Permits since 2021 represent 1.6% of housing
<0.8% >4.9%
On this page

How affordable is this community?

In Broome County, NY, the typical home price of $197,301 is below the New York average of $245,316. Broome County, NY's median household income of $68,776 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Broome County, NY has a population of roughly 197,378 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Broome County, NY has roughly 81,218 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Broome County, NY, detached single-family accounts for 60% of the housing stock. Homeownership is the norm in Broome County, NY, with 57% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Broome County, NY needs 590 new units over the next 5 years.

590
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
590
Replacement housing
Effective annual loss rate is 1.3 per 1,000 units.
590
Total 5-year housing production need (2026-2031)
118
Annual production pace
Average units needed per year to meet 5-year need
0.6%
Total housing unit growth
Percent increase in housing stock over 5 years
0.1%
Annual housing unit growth
Average percent increase in housing stock per year

How do these communities compare to each other?