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CITY

Budd Lake

New Jersey · 10,650 residents · 5.444 sq mi
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The short version

Budd Lake is significantly wealthier than the US average, with a median household income of $114,154. Population has grown 31% since 2000. 45% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $456,100. Poverty is rare here, at 4.6% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
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
Section 01

Population & growth

Total population
10,650
+31%since 2000
from 8,100 in 2000
1990 – 2024
Population density
1,956 / sq mi
+31%since 2000
from 1,488 / sq mi in 2000
US average: 281
Median age
36.9
+10%since 2000
from 33.6 in 2000
US average: 38.9
Population, 1990 – 2024
7K8K9K10K11K1990201020202024Budd Lake
202411K
1990201020202024
Section 02

Income & economy

Median household income
$114,154
Unchangedinflation adjusted, since 2000
from $62,540 in 2000
US average: $82,259
1990 – 2024
Per capita income
$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%
Poverty rate
4.6%
+1.3 ptssince 2000
from 3.3% in 2000
US average: 12.5%
Income inequality (Gini)
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%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$456,100
+41%inflation adjusted, since 2000
from $177,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,402
+4%inflation adjusted, since 2000
from $743 in 2000
US average: $1,442
Owner-occupied
74.8%
+7.3 ptssince 2000
from 67.6% in 2000
25.2% rent
Vacancy rate
0.7%
−7.5 ptssince 2009
from 8.2% in 2009
US average: 10.0%
Owner cost-burdened
26.1%
−14.3 ptssince 2009
from 40.4% in 2009
US average: 22.9%
Renter cost-burdened
39.8%
+1.2 ptssince 2009
from 38.7% in 2009
US average: 47.4%
Afford Score
4.0
+41%since 2000
from 2.8 in 2000
1990 – 2024
Gentrification Score
41
RELATED:See current rent listings in Budd Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic82.5%(6,680)
Black3.4%(279)
Hispanic / Latino6.6%(536)
Asian5.8%(467)
Other0%
Diversity Score35.9%(2,905)
2024
White, non-Hispanic58%(6,180)
Black9.2%(979)
Hispanic / Latino21.2%(2,258)
Asian7.4%(792)
Other4.1%(441)
Diversity Score75.3%(8,022)
Diversity Score
75
+110%since 2000
from 36 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
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%
Graduate degree
18.3%
+11.1 ptssince 2000
from 7.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.4 min
+9%since 2000
from 28.0 min in 2000
US average: 26.5
Drive alone to work
72.6%
−5.8 ptssince 2009
from 78.4% in 2009
US average: 68.9%
Carpooled to work
7.3%
−8.7 ptssince 2009
from 16.1% in 2009
US average: 8.5%
Public transit
0.7%
−0.5 ptssince 2009
from 1.2% in 2009
US average: 3.2%
Worked from home
19.1%
+15.3 ptssince 2009
from 3.8% in 2009
US average: 15.0%
Walked to work
0.0%
−0.5 ptssince 2009
from 0.5% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.8%
+0.8 ptssince 2009
from 3.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
−0.5 ptssince 2011
from 6.9% in 2011
US average: 5.2%
Labor force participation
76.9%
−0.8 ptssince 2011
from 77.7% in 2011
US average: 63.5%
Self-employed
14.9%
+1.1 ptssince 2009
from 13.8% in 2009
US average: 13.1%
Management & professional
50.1%
−13.4 ptssince 2009
from 63.5% in 2009
US average: 42.5%
Section 08

People & community

Male
50.7%
−3.1 ptssince 2009
from 53.7% in 2009
Female
49.3%
+3.1 ptssince 2009
from 46.3% in 2009
Foreign born
22.1%
+7.8 ptssince 2009
from 14.3% in 2009
US average: 14.1%
Veterans
2.9%
−51.4 ptssince 2009
from 54.3% in 2009
US average: 6.2%
With a disability
6.5%
−0.3 ptssince 2012
from 6.8% in 2012
US average: 13.3%
Uninsured
4.3%
−85.5 ptssince 2013
from 89.8% in 2013
US average: 8.4%
Broadband at home
95.6%
+4.5 ptssince 2017
from 91.1% in 2017
US average: 91.0%
English only at home
67.3%
−12.0 ptssince 2016
from 79.3% in 2016
US average: 77.7%
Spanish at home
14.4%
+3.4 ptssince 2016
from 11.0% in 2016
US average: 13.6%
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Compare Budd Lake to nearby cities

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Home value$552,900+21%
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BUDD LAKE VS
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Home value$529,100+16%
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BUDD LAKE VS
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Home value$361,600−21%
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BUDD LAKE VS
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Home value$340,700−25%
Population14,824+39%
SEE FULL COMPARISON →
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

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