Located on New York’s southern border, Binghamton is a city of 250,000 in and around the surrounding area. Binghamton University is the lone University of the city and attributes a whopping $700 million to the city economy each year. Every 1 in 10 workers of the city is somehow connected to Binghamton University.

Binghamton prides itself as being the “Carousel Capitol of the World” as it has 6 old-fashioned, wooden carousels. These historic items attract many tourists of all ages to the region. Its other claim to fame is that of being the birthplace of computer manufacturer IBM.

$92,538 is what the average home in the region cost and renters can expect to pay less than $400 a month. Workers in the area average $41,000 annually.