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CITY · 2020 ACS

Budd Lake

New Jersey · 9,784 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 $92,188. Population has grown 21% since 2000. Median home value has more than doubled since 2000, reaching $348,700.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.0
US median: 38.8
More educated
44% hold a bachelor's degree
US average: 33%
Less affordable
home values up 31%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
9,784
+21%since 2000
from 8,100 in 2000
1990 – 2024
Population density
1,797 / sq mi
+21%since 2000
from 1,488 / sq mi in 2000
US average: 280
Median age
39.0
+16%since 2000
from 33.6 in 2000
US average: 38.8
Population, 1990 – 2024
7K8K9K10K11K1990201020202024Budd Lake
202411K
1990201020202024
Section 02

Income & economy

Median household income
$92,188
−2%inflation adjusted, since 2000
from $62,540 in 2000
US average: $66,278
1990 – 2024
Per capita income
$45,022
+83%since 2000
from $24,581 in 2000
US average: $35,364
Households earning $100K+
61.2%
+7.8 ptssince 2009
from 53.4% in 2009
US average: 43.9%
Poverty rate
6.7%
+3.4 ptssince 2000
from 3.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.9%
US avg: 11.1%
Retail trade10%
US avg: 10%
Other services6.2%
US avg: 6.6%
Public administration6.2%
US avg: 4.7%
Wholesale trade4.9%
US avg: 6.7%
Arts, entertainment, food2.8%
US avg: 2%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Transportation & warehousing1.2%
US avg: 2.5%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$348,700
+31%inflation adjusted, since 2000
from $177,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,154
+3%inflation adjusted, since 2000
from $743 in 2000
US average: $1,124
Owner-occupied
71.2%
+3.7 ptssince 2000
from 67.6% in 2000
28.8% rent
Afford Score
3.8
+33%since 2000
from 2.8 in 2000
1990 – 2024
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)
2020
White, non-Hispanic60.8%(5,944)
Black5.7%(553)
Hispanic / Latino17.5%(1,709)
Asian11.6%(1,132)
Other1.8%(172)
Diversity Score69.9%(6,839)
Diversity Score
70
+95%since 2000
from 36 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
44.1%
+14.5 ptssince 2000
from 29.6% in 2000
US average: 32.9%
High school or higher
90.7%
+0.4 ptssince 2000
from 90.3% in 2000
US average: 88.5%
Graduate degree
18.3%
+11.1 ptssince 2000
from 7.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
33.0 min
+18%since 2000
from 28.0 min in 2000
US average: 26.9
Drive alone to work
82.2%
+3.8 ptssince 2009
from 78.4% in 2009
US average: 75.1%
No vehicle available
1.4%
−1.6 ptssince 2009
from 3.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.8%
−3.0 ptssince 2011
from 6.9% in 2011
US average: 5.4%
Labor force participation
74.2%
−3.6 ptssince 2011
from 77.7% in 2011
US average: 63.4%
Management & professional
49.1%
−14.4 ptssince 2009
from 63.5% in 2009
US average: 39.3%
Section 08

People & community

Male
51.9%
−1.8 ptssince 2009
from 53.7% in 2009
Female
48.1%
+1.8 ptssince 2009
from 46.3% in 2009
Foreign born
19.2%
+4.9 ptssince 2009
from 14.3% in 2009
US average: 13.5%
Uninsured
5.5%
−84.3 ptssince 2013
from 89.8% in 2013
US average: 8.8%
Drill deeper

Places similar to Budd Lake

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Compare Budd Lake to nearby cities

BUDD LAKE VS
Flanders
Income$147,367+60%
Home value$552,900+59%
Population8,809−17%
SEE FULL COMPARISON →
BUDD LAKE VS
Succasunna
Income$161,712+75%
Home value$529,100+52%
Population9,799−8%
SEE FULL COMPARISON →
BUDD LAKE VS
Hackettstown
Income$93,083+1%
Home value$361,600+4%
Population10,185−4%
SEE FULL COMPARISON →
BUDD LAKE VS
Hopatcong
Income$115,758+26%
Home value$340,700−2%
Population14,824+39%
SEE FULL COMPARISON →
Frequently asked

How many people live in Budd Lake, New Jersey?

Budd Lake, New Jersey has about 9,784 residents according to the 2020 American Community Survey.

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

The typical household in Budd Lake, New Jersey earns about $92,188 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 $348,700, and the typical rent is about $1,154 a month.

How educated are people in Budd Lake, New Jersey?

About 44.1% 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 6.7% 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 2,512 residents, a change of about 35 percent over that period.

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

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