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CITY

Budd Lake

New Jersey · 10,650 residents · 5.44 sq mi
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The short version

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

Among the 810 cities and towns in the New York metro

  • 513th in household income$114,154
  • 501st in share with a bachelor's degree45.3%
  • 607th in home value$456,100
  • 168th in diversity score75.3

Its weight in Morris County

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.

Section 01

Population & growth

10,650
+31%since 2000
from 8,100 in 2000
1990 – 2024
1,956 / sq mi
+31%since 2000
from 1,488 / sq mi in 2000
US average: 281
36.9
+10%since 2000
from 33.6 in 2000
US average: 38.9
Land area
5.44 sq mi
Population, 1990 – 2024
7K8K9K10K11K19902000201020202024Budd Lake
202411K
1990201020202024
Age distribution, 2024
Under 55.9%(632)
US avg: 5.6%
5 to 99.8%(1,045)
US avg: 6%
10 to 147.4%(789)
US avg: 6.4%
15 to 196.4%(681)
US avg: 6.6%
20 to 242.9%(305)
US avg: 6.5%
25 to 3414.8%(1,573)
US avg: 13.7%
35 to 4417%(1,808)
US avg: 13.2%
45 to 5412.4%(1,316)
US avg: 12.2%
55 to 6412.4%(1,316)
US avg: 12.7%
65 to 748.5%(905)
US avg: 10.2%
75 to 842.3%(244)
US avg: 5.1%
85 and over0.3%(36)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

$114,154
Unchangedinflation adjusted, since 2000
from $62,540 in 2000
US average: $82,259
1990 – 2024
$51,420
+109%since 2000
from $24,581 in 2000
US average: $44,673
Households earning $100K+
73.9%
+20.5 ptssince 2009
from 53.4% in 2009
US average: 53.3%
4.6%
+1.3 ptssince 2000
from 3.3% in 2000
US average: 12.5%
0.382
+3%since 2010
from 0.370 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade13.8%
US avg: 9.9%
Information12.1%
US avg: 10.8%
Other services7.5%
US avg: 6.7%
Public administration5.8%
US avg: 4.8%
Wholesale trade5.7%
US avg: 6.9%
Finance & insurance5.3%
US avg: 5.9%
Professional, scientific, technical5.3%
US avg: 5.1%
Arts, entertainment, food3.4%
US avg: 1.9%
Transportation & warehousing1.6%
US avg: 2.2%
Agriculture, forestry, fishing1.5%
US avg: 1.6%
Construction1.5%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

$456,100
+41%inflation adjusted, since 2000
from $177,600 in 2000
US average: $376,019
1990 – 2024
$1,402
+4%inflation adjusted, since 2000
from $743 in 2000
US average: $1,442
74.8%
+7.3 ptssince 2000
from 67.6% in 2000
25.2% rent
0.7%
−7.5 ptssince 2009
from 8.2% in 2009
US average: 10.0%
2.87 people
+2%since 2009
from 2.81 people in 2009
US average: 2.54
26.1%
−14.3 ptssince 2009
from 40.4% in 2009
US average: 22.9%
39.8%
+1.2 ptssince 2009
from 38.7% in 2009
US average: 47.4%
4.0
−11%since 2009
from 4.5 in 2009
1990 – 2024
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
41
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04

Race & ethnicity

2000
White, non-Hispanic82.5%(6,680)
Black3.4%(279)
Hispanic / Latino6.6%(536)
Asian5.8%(467)
Other0%
2024
White, non-Hispanic58%(6,180)
Black9.2%(979)
Hispanic / Latino21.2%(2,258)
Asian7.4%(792)
Other4.1%(441)
75
+46%since 2009
from 52 in 2009
1990 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Puerto Rican6.1%(646)
Salvadoran2.6%(280)
Dominican1.9%(201)
Honduran1.4%(145)
Peruvian1.4%(145)
Guatemalan1.3%(142)
Ecuadorian1.2%(131)
Cuban1.2%(128)
Spaniard1.1%(113)
Colombian0.9%(92)
+ 5 more hispanic origin groups with data
Costa Rican0.6%(62)
Uruguayan0.4%(44)
Venezuelan0.3%(27)
Argentine0.2%(25)
Paraguayan0.2%(21)
Asian origin
Asian Indian5.7%(604)
Chinese0.9%(93)
Filipino0.7%(72)
Ancestry
Irish15.8%(1,683)
Italian14.5%(1,542)
German13.3%(1,416)
Polish7.8%(826)
English5.7%(605)
Greek3.3%(348)
American2.7%(285)
Ghanaian2%(209)
West Indian1.4%(146)
French1.3%(142)
Russian1.3%(134)
+ 25 more ancestry groups with data
Slovak1.1%(117)
Norwegian1.1%(113)
Ukrainian1%(107)
Hungarian0.9%(93)
Scotch-Irish0.7%(79)
Brazilian0.7%(70)
Scottish0.6%(65)
Dutch0.5%(57)
Jamaican0.5%(51)
Portuguese0.3%(28)
Lithuanian0.2%(25)
Romanian0.2%(22)
Swedish0.2%(19)
Canadian0.1%(15)
Latvian0.1%(15)
Arab0.1%(14)
Egyptian0.1%(14)
Austrian0.1%(14)
Welsh0.1%(13)
Belgian0.1%(12)
Iranian0.1%(12)
Swiss0.1%(11)
British0.1%(9)
Guyanese0.1%(9)
Section 05

Education

45.3%
+15.7 ptssince 2000
from 29.6% in 2000
US average: 35.6%
High school or higher
93.8%
+3.5 ptssince 2000
from 90.3% in 2000
US average: 89.6%
18.3%
+11.1 ptssince 2000
from 7.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

30.4 min
+9%since 2000
from 28.0 min in 2000
US average: 26.5
72.6%
−5.8 ptssince 2009
from 78.4% in 2009
US average: 68.9%
7.3%
−8.7 ptssince 2009
from 16.1% in 2009
US average: 8.5%
0.7%
−0.5 ptssince 2009
from 1.2% in 2009
US average: 3.2%
19.1%
+15.3 ptssince 2009
from 3.8% in 2009
US average: 15.0%
0.0%
−0.5 ptssince 2009
from 0.5% in 2009
US average: 2.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
3.8%
+0.8 ptssince 2009
from 3.0% in 2009
US average: 8.3%
Section 07

Work & employment

6.4%
−0.5 ptssince 2011
from 6.9% in 2011
US average: 5.2%
76.9%
−0.8 ptssince 2011
from 77.7% in 2011
US average: 63.5%
Women 20-64 in the labor force
83.3%
+4.9 ptssince 2020
from 78.4% in 2020
US average: 74.6%
14.9%
+1.1 ptssince 2009
from 13.8% in 2009
US average: 13.1%
50.1%
+10.9 ptssince 2009
from 39.2% in 2009
US average: 42.5%
Section 08

People & community

50.7%
−3.1 ptssince 2009
from 53.7% in 2009
49.3%
+3.1 ptssince 2009
from 46.3% in 2009
22.1%
+7.8 ptssince 2009
from 14.3% in 2009
US average: 14.1%
2.9%
−4.8 ptssince 2009
from 7.7% in 2009
US average: 6.2%
6.5%
−0.3 ptssince 2012
from 6.8% in 2012
US average: 13.3%
4.3%
−5.9 ptssince 2013
from 10.2% in 2013
US average: 8.4%
95.6%
+4.5 ptssince 2017
from 91.1% in 2017
US average: 91.0%
Computer in household
97.0%
−1.4 ptssince 2020
from 98.4% in 2020
US average: 95.5%
96.1%
+2.7 ptssince 2020
from 93.5% in 2020
US average: 87.7%
67.3%
−12.0 ptssince 2016
from 79.3% in 2016
US average: 77.7%
14.4%
+3.4 ptssince 2016
from 11.0% in 2016
US average: 13.6%
Marital status
Men 15+
Never married34.4%(1,398)
Married56.7%(2,306)
Widowed3.8%(154)
Divorced5.1%(208)
Women 15+
Never married27.5%(1,133)
Married56.1%(2,309)
Widowed5%(205)
Divorced11.4%(471)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09

Health coverage

4.3%
−5.9 ptssince 2013
from 10.2% in 2013
US average: 8.4%
78.6%
+3.4 ptssince 2020
from 75.2% in 2020
US average: 54.8%
Direct-purchase
9.1%
+1.7 ptssince 2020
from 7.4% in 2020
US average: 13.8%
11.2%
+0.7 ptssince 2020
from 10.5% in 2020
US average: 18.4%
10.2%
−1.2 ptssince 2020
from 11.4% in 2020
US average: 20.9%
VA health care
0.4%
−0.6 ptssince 2020
from 1.0% in 2020
US average: 2.2%
Any private
82.9%
+1.4 ptssince 2020
from 81.5% in 2020
US average: 67.1%
Any public
21.1%
−0.1 ptssince 2020
from 21.2% in 2020
US average: 36.7%

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
YearPopulationMedian household incomeMedian home valueBachelor's degree+Diversity score
19907,272$106,621$370,81123.5%17.8
20008,100$113,926$323,52629.6%38.8
20108,968$117,432$530,54535.9%57.9
20209,784$111,735$422,63844.1%72.9
202410,650$114,154$456,10045.3%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.

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Frequently asked

How many people live in Budd Lake, New Jersey?

Budd Lake, New Jersey has about 10,650 residents according to the 2024 American Community Survey.

What is the median household income in Budd Lake, New Jersey?

The typical household in Budd Lake, New Jersey earns about $114,154 a year. Half of households make more than that, and half make less.

Is Budd Lake, New Jersey expensive?

In Budd Lake, New Jersey, the median home is worth about $456,100, and the typical rent is about $1,402 a month.

How educated are people in Budd Lake, New Jersey?

About 45.3% of adults age 25 and over in Budd Lake, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Budd Lake, New Jersey?

About 4.6% of people in Budd Lake, New Jersey live below the federal poverty line.

Has Budd Lake, New Jersey grown since 1990?

Yes, Budd Lake, New Jersey has grown since 1990. The population has added about 3,378 residents, a change of about 46 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →