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Average Lawyers Salary in Binghamton, NY

Lawyers in Binghamton, NY earn an average annual salary of $121,520, which is notably below the national average of $194,940. This disparity is often influenced by local economic factors, industry demand, and the overall cost of doing business within the region, which collectively shape compensation levels for legal professionals.

Executive Summary

  • Average Salary: $121,520 per year.
  • Growth Trend: Salaries have shifted 29.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $181,550.
  • Outlook: Binghamton's legal job market features a local workforce of 320 lawyers, with a jobs-per-1,000-workers ratio of 3.332. The Location Quotient of 0.69 suggests a slightly lower concentration of legal professionals compared to the national average, indicating a stable but not overly saturated market for legal services.
2024 Market Data

Salary Overview

$121,520

The average Lawyers in Binghamton, NY earns-37.7%below the national average.

BreakdownBased on 40h/week
Hourly

$58.4

Weekly

$2,337

Monthly

$10,127

Lawyers Salary Distribution in Binghamton, NY

Salary progression for lawyers in Binghamton, as elsewhere, is significantly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized expertise and a proven track record can command salaries well above the average. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$67,570$32.5
AssociateHandling depositions, smaller cases independently.25% (Junior)$91,140$43.8
Senior AssociateLead on cases, client management, trial experience.50% (Median)$107,480$51.7
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$151,900$73
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$181,550$87.3

Detailed Lawyers Market Analysis

Relocation Context

Nominal Salary

$121,520

Gross Pay

Real Wage (Purchasing Power)

$121,520

Adjusted for COL (100)

With an average salary of $121,520 and a Cost of Living Index of 100 (matching the national average), lawyers relocating to Binghamton can expect their nominal income to align closely with national spending power. This means that while the salary is lower than the national average, the cost of essential goods and services is comparable, offering a balanced financial outlook.

Job Market Context

320

Total Jobs

3.332

Per 1K Jobs

0.69

Location Quotient

Below Average

Binghamton, NY has 0.69x the national average concentration of Lawyers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.69 for lawyers in Binghamton indicates that the profession is less concentrated than the national average. This suggests that while there is a steady demand for legal services, the market may not be as intensely competitive as in larger metropolitan areas, potentially offering good opportunities for skilled practitioners.

Nearby Job Markets

Nearby Cities for Lawyers

CitySalaryDist.
Ithaca, NY Lawyers Salary$135,160↑ 11%39 mi
Elmira, NY Lawyers Salary$123,690↑ 2%46 mi
Southwest New York nonmetropolitan area Lawyers Salary$139,190↑ 15%49 mi
Central East New York nonmetropolitan area Lawyers Salary$131,980↑ 9%49 mi
Capital/Northern New York nonmetropolitan area Lawyers Salary$124,100↑ 2%49 mi

Comparing salaries near Binghamton, NY

Hiring Lawyerss?

Frequently Asked Questions

How much does a Lawyers make in Binghamton, NY?

The median annual salary for a Lawyers in Binghamton, NY is $121,520. This typically ranges from $67,570 for entry-level positions to $181,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 37.7% lower than the national median of $194,940.

Is Binghamton, NY a lucrative place for Lawyers?

No, not compared to the national average.While lawyers in Binghamton earn a respectable $121,520 annually, this figure falls significantly short of the national average. However, the cost of living being at the national average means purchasing power is relatively stable.

Is Binghamton, NY a good place to live for Lawyers?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($135,160) and Elmira, NY.

How does Binghamton's lawyer salary compare to the national average?

Lawyers in Binghamton earn an average of $121,520, which is considerably lower than the national average of $194,940.

What is the Cost of Living in Binghamton, NY?

Binghamton, NY has a Cost of Living Index of 100, which is exactly the national average, indicating typical living expenses.

How many lawyers are there in Binghamton, NY?

There are approximately 320 lawyers in the Binghamton, NY local workforce.

Is the legal job market in Binghamton competitive?

With a Location Quotient of 0.69, the legal market in Binghamton is less concentrated than the national average, suggesting moderate competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Binghamton, NY area with a job density of 3.332 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Lawyers • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY