Broome County, New York: commercial real estate data.
Broome County, New York has a population of 197,378 across 706 square miles, down 1.1 percent since the 2020 census base. County output reached $12.16 bn in 2024, 4,001 establishments operate here, and the SBA record carries 140 7(a) approvals worth $47.5 m.
129 sourced county values · tier FULL · 12 sections
Broome County
How many people live in Broome County
- Population197,378
- Households82,005
- Average household size2.41
- Median household income$62,616
- Median age39.2
- Median gross rent$941 per month
- Median owner-occupied home value$154,900
- Home value to household income2.5 times
- Annual rent as a share of median income18.0 percent
- Adults 25 and over with a bachelor degree or higher31.0 percent
- Adults 25 and over with a graduate degree14.4 percent
- Adults 25 and over130,653
- Population under 1837,690
- Share under 1819.1 percent
- Population 65 and over40,036
- Share 65 and over20.3 percent
- Working age population, 18 to 64119,652
- Civilian labor force93,444
- Unemployment rate7.1 percent
- Labor force participation, adults 18 and over58.5 percent
- Rank by population among New York counties19th of 62
- Rank by population among US county-equivalents353rd
Broome County is the 19th largest of 62 New York counties by population. A median home costs 2.5 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 20.3 percent against 19.1 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Broome County
Is Broome County growing
- Population change since the 2020 census base-1.15 percent
- Census 2020 base population198,685
- Births, 20241,702
- Deaths, 20242,379
- Natural change, 2024-677
- Net domestic migration, 2024-392
- Net international migration, 20241,077
- Total net migration, 2024685
- Cumulative net domestic migration, 2021 to 2024-1,798
- Rank by growth among US county-equivalents2246th
The county has lost 1.15 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Broome County
Where people moving to Broome County come from
- Tax returns filed by households arriving3,131
- People arriving, from those returns5,183
- Adjusted gross income arriving$171.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,827
- Largest single originBroome County Non-migrants (73,252 households)
- Largest single destination (73,252 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Broome County Non-migrants | 73,252 | 136,838 | $5.50 bn |
| Other flows - Different State | 1,218 | 1,995 | $73.6 m |
| Other flows - South | 558 | 926 | $31.9 m |
| Other flows - Northeast | 326 | 529 | $22.1 m |
| Tioga County | 324 | 535 | $15.9 m |
| Other flows - Same State | 247 | 377 | $12.6 m |
| Other flows - West | 192 | 320 | $11.8 m |
| Chenango County | 159 | 263 | $7.5 m |
The largest single source of arrivals is Broome County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Broome County
What the Broome County economy runs on
- County GDP, 2024$12.16 bn
- County GDP, 2023$11.44 bn
- GDP change, 2023 to 20246.3 percent
- GDP change over five years28.3 percent
- Rank by GDP among New York counties21st
- Rank by GDP among US county-equivalents381st
- GDP per resident$61,604
Output grew 6.3 percent in the latest year and 28.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Broome County
Who employs people in Broome County
- Covered employment, annual average82,881
- Establishments reporting4,376
- Average annual pay$61,392
- Average weekly wage$1,181
- Sector 62, employment15,904
- Sector 62, average annual pay$67,434
- Sector 44-45, employment9,481
- Sector 44-45, average annual pay$38,216
- Sector 72, employment7,501
- Sector 72, average annual pay$24,611
- Sector 31-33, employment6,914
- Sector 31-33, average annual pay$80,745
- Sector 48-49, employment3,812
- Sector 23, employment3,648
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 15,904 | 450 | $67,434 |
| Sector 44-45 | 9,481 | 604 | $38,216 |
| Sector 72 | 7,501 | 460 | $24,611 |
| Sector 31-33 | 6,914 | 160 | $80,745 |
| Sector 48-49 | 3,812 | 109 | $46,443 |
| Sector 23 | 3,648 | 389 | $82,295 |
| Sector 81 | 3,118 | 437 | $34,021 |
| Sector 54 | 2,790 | 322 | $69,285 |
The largest sector is the biggest private employer group at 15,904 jobs, 19.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Broome County
What businesses operate in Broome County
- Establishments, all industries4,001
- Employment at those establishments68,190
- Annual payroll$3.65 bn
- Establishments per 1,000 residents20.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Broome County
What is being built in Broome County
- Housing units authorised by permit, 2024341
- Declared construction value permitted$52.1 m
- Single family units authorised72
- Multifamily units authorised269
- Multifamily share of units78.9 percent
- Average declared value per unit$152,869
- Units authorised per 1,000 households4.2
Multifamily is 78.9 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Broome County
How much SBA lending happens in Broome County
- 7(a) approvals recorded140
- 7(a) gross approval dollars$47.5 m
- Average 7(a) approval$339,212
- Median 7(a) approval$75,000
- 10th percentile approval$15,000
- 90th percentile approval$893,000
- Largest single approval$3,825,000
- Jobs reported supported, 7(a)1,179
- Jobs per approval8.4
- Distinct 7(a) lenders active30
- Distinct industries receiving approvals76
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.3 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter117
- Franchise loans14
- Franchise share of approvals10.0 percent
- Leading industry by approval countLimited-Service Restaurants (8)
- Most active lenderManufacturers and Traders Trust Company (70)
- 504 approvals recorded28
- 504 gross approval dollars$22.8 m
- Average 504 approval$816,000
- Median 504 approval$472,000
- Distinct CDCs active2
- 504 jobs per approval5.3
- 504 jobs per million dollars approved6.5
- Most active CDCEmpire State Certified Development Corporation (26)
- 7(a) share of SBA approvals83.3 percent
- Combined SBA approval dollars$70.3 m
The average approval of $339,212 sits well above the median of $75,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 9.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Broome County
Do SBA loans in Broome County get paid back
- Loans with a final outcome recorded27
- Paid in full24
- Charged off3
- Charge off rate on resolved loans11.1 percent
- Status: Exempt from disclosure78
- Status: Cancelled16
- Status: Paid in full24
- Status: Charged off3
- Status: Committed, not yet disbursed19
Of the 27 loans that have reached a final outcome, 11.1 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broome County
Which parts of Broome County get the lending
- Places in the county with recorded lending13
- Binghamton, approvals49
- Endicott, approvals26
- VESTAL, approvals21
- Johnson City, approvals18
- WINDSOR, approvals8
- Endwell, approvals5
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Binghamton | 49 | $12,899,200 |
| Endicott | 26 | $2,846,400 |
| VESTAL | 21 | $7,778,700 |
| Johnson City | 18 | $19,927,100 |
| WINDSOR | 8 | $712,300 |
| Endwell | 5 | $2,082,800 |
| Whitney Point | 4 | $125,000 |
| Kirkwood | 4 | $547,000 |
Binghamton accounts for 49 approvals against 26 in Endicott. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broome County
How big is Broome County
- Land area706 sq mi
- Rank by land area among New York counties28th of 62
- Width, east to west39.5 mi
- Height, north to south28.8 mi
- Geographies sharing a boundary4
- Residents per square mile of land280
- Establishments per square mile5.67
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Broome County
What hazards affect Broome County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book24
- Of those, participating in the NFIP24
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 8
- Communities carrying a CRS class3
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The best Community Rating System class in the county is 8, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Broome County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Broome County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population197,378
- Households82,005
- Average household size2.41
- Median household income$62,616
- Median age39.2
Common questions
Broome County questions, answered from the record.
How many people live in Broome County, New York?
197,378, in 82,005 households, ranking 19th of 62 New York counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Broome County growing?
The population has fallen 1.15 percent since the 2020 census base. In 2024 there were 1,702 births against 2,379 deaths, with net migration of 685. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Broome County?
$62,616. The median owner-occupied home is valued at $154,900, which is 2.5 times income, and median gross rent is $941 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Broome County?
4,001 establishments, employing 68,190 people with an annual payroll of $3.65 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Broome County?
Average annual pay is $61,392, or $1,181 a week, across 82,881 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Broome County?
140 7(a) approvals totalling $47.5 m since FY2020, across 30 lenders, with a median approval of $75,000, plus 28 504 approvals worth $22.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Broome County get paid back?
Of the 27 loans that have reached a final outcome, 24 were paid in full and 3 charged off, a charge off rate of 11.1 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Broome County?
341 housing units were authorised by permit in 2024, with a declared construction value of $52.1 m. Multifamily was 78.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Broome County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Broome County come from?
The largest single origin is Broome County Non-migrants, with 73,252 households. Arriving households report an average income of $54,827 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Broome County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Broome County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.