Budd Lake is home to 10,650 people in New Jersey. Few US cities rank higher on income. The population is up 31% since 2000. 45% of adults hold a bachelor's degree or higher. Owners hold 75% of the housing stock. Poverty is uncommon here, at 4.6% of residents.
At a glance
Wealthier
median household income $114,154, above the US median
US median: $82,259
Younger
median age 36.9
US median: 38.9
More educated
45% hold a bachelor's degree
US average: 36%
Less affordable
home values up 41%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Budd Lake
What changed most since 1990
White share92.5% → 58.0%(−34.5 pts)US over the same years: −17.8 pts
Median home value (2024 dollars)$370,811 → $456,100(+23%)US over the same years: +67%
Hispanic share3.2% → 21.2%(+18.0 pts)US over the same years: +9.9 pts
Budd Lake's population equals 2.1% of Morris County's. Its number of residents 65 and older equals 1.3% of the county's. Its number of adults with a bachelor's degree or higher equals 1.5% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)21.7%(48)
US avg: 26.4%
Gulf War (1990s)17.6%(39)
US avg: 24.3%
Vietnam era22.2%(49)
US avg: 33.1%
Korean War5.9%(13)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 221 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Budd Lake, decade by decade
Budd Lake population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
7,272
$106,621
$370,811
23.5%
17.8
2000
8,100
$113,926
$323,526
29.6%
38.8
2010
8,968
$117,432
$530,545
35.9%
57.9
2020
9,784
$111,735
$422,638
44.1%
72.9
2024
10,650
$114,154
$456,100
45.3%
75.3
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.