Real Estate Agent Salary in Binghamton, NY: $88,681 (2026)
Quick Answer:A full-time real estate agent in Binghamton, NY earns a median $88,681/year (≈ $42.63/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Binghamton's price level (16% above national, BEA RPP 115.9), that paycheck buys what $76,515 would nationally. Nominal pay sits 1.1% below the New York state average.
Based on BLS state-level estimates · View source
With a median annual salary projected at $88,681 in 2026, real estate agents in Binghamton, NY, are positioned significantly above the national median of $53,622 for the same year. The local salary range reflects diverse earning potential, spanning from $56,277 at the 10th percentile to $137,455 at the 90th percentile. These estimates, derived from 2025 BLS data and adjusted for regional economic conditions, highlight the impact of local market dynamics on earning capacity. Notably, the job market in Binghamton favors agents adept at leveraging the area's transaction volume and average property values, which ultimately drive compensation structures.
About the Binghamton Market
Salary estimated from New York average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,277 | $27.06 |
| Lower Range (P25) | $70,702 | $33.99 |
| Median (P50)(typical) | $88,681 | $42.63 |
| Upper Range (P75) | $113,512 | $54.58 |
| Top Earners (P90) | $137,455 | $66.09 |
Median Salary Position
65.38% above the national average
2026 Salary Percentile Distribution in Binghamton
In Binghamton, NY, the real estate agent salary spread from the 10th to 90th percentile is $81,178 (2026 est.). At $88,681, the local median is 65.38% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Binghamton: You'd be in the lower-middle range
How Binghamton Real Estate Agent Pay Compares
Binghamton median: $88,681/year (2026)
| Compared To | Median Salary | Binghamton Pays |
|---|---|---|
| New York Average | $89,667 | -1.10% less |
| National Average | $53,622 | +65.38% more |
Real Estate Agents in Binghamton, NY earn a median of $88,681 per year (2026 est.), which is 65.38% higher than the national median of $53,622 and 1.10% below the New York state average of $89,667.
Cost-of-Living Adjusted Salary
Binghamton has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Binghamton, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $88,681 is competitive, the higher cost of living reduces purchasing power to an effective $76,515 — a 13.72% reduction.
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2019 BLS Actual
$80,920
2025 BLS Actual
$87,370
2026 Current Est.
$88,681
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Binghamton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $80,920 | Actual |
| 2020 | $81,102 | Actual |
| 2021 | $79,944 | Actual |
| 2022 | $82,657 | Actual |
| 2023 | $89,801 | Actual |
| 2024 | $75,280 | Actual |
| 2025 | $87,370 | Actual |
| 2026(current) | $88,681 | Estimated |
| 2027 | $90,011 | Projected |
Based on 7 years of BLS OEWS data for the Binghamton metropolitan area, the median real estate agent salary grew 8.0% from $80,920 (2019) to $87,370 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $90,011 by 2027 — a total increase of $9,091 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Binghamton metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $56,277 – $70,702 |
| 3-5 years (Mid Career) | $70,702 – $88,681 |
| 5+ years (Experienced) | $88,681 – $113,512 |
| 10+ years (Top Earner) | $113,512 – $137,455 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Binghamton
The local real estate scene is supported by a small yet dedicated workforce of 13 employed agents, a number that paints a picture of a niche market. With a cost-of-living index at 115.9, agents may find their take-home pay challenged by higher living expenses compared to national averages. Among the high-paying employers in Binghamton, national brokerages such as Keller Williams and Coldwell Banker often attract top talent, although independent firms can also be competitive. Factors influencing earnings include commission splits with brokerages, which can range from 50/50 to much higher stakes for experienced agents, as well as membership in teams that lead to revenue sharing. With the upcoming changes stemming from the post-2024 NAR commission structure, agents will need to adapt their business models to maximize their pay. Understanding local market trends and positioning oneself in lucrative niches—like luxury or commercial real estate—can enhance prospects for success in Binghamton's evolving real estate agent pay landscape.
More salary data for Binghamton, NY:
Frequently Asked Questions
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $87,370 for real estate agentsin the Binghamton metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Binghamton is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov