Budd Lake, NJ
Demographics And Statistics
Living In Budd Lake, New Jersey Summary
Life in Budd Lake research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Budd Lake over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Budd Lake:
The population in Budd Lake is 10,106.
The median home value in Budd Lake is $554,134.
The median income in Budd Lake is $113,036.
The cost of living in Budd Lake is 119 which is 1.2x higher than the national average.
The median rent in Budd Lake is $1,326.
The unemployment rate in Budd Lake is 5.8%.
The poverty rate in Budd Lake is 5.7%.
The average high in Budd Lake is 61.3° and the average low is 40.0°.
Table Of Contents
Budd Lake SnackAbility
Overall SnackAbility
Budd Lake, NJ Cost Of Living
Cost of living in Budd Lake summary. We use data on the cost of living to determine how expensive it is to live in Budd Lake. Real estate prices drive most of the variance in cost of living around New Jersey. Key points include:
The cost of living in Budd Lake is 119 with 100 being average.
The cost of living in Budd Lake is 1.2x higher than the national average.
The median home value in Budd Lake is $554,134.
The median income in Budd Lake is $113,036.
Budd Lake's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Budd Lake Comparison Table
| Living Expense | Budd Lake | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 122 | 100 | |
| Services | 100 | 108 | 100 | |
| Groceries | 102 | 104 | 100 | |
| Health | 100 | 99 | 100 | |
| Housing | 170 | 159 | 100 | |
| Transportation | 93 | 101 | 100 | |
| Utilities | 103 | 107 | 100 | |
Budd Lake, NJ Weather
The average high in Budd Lake is 61.3° and the average low is 40.0°.
There are 80.0 days of precipitation each year.
Expect an average of 50.1 inches of precipitation each year with 28.6 inches of snow.
| Stat | Budd Lake |
|---|---|
| Average Annual High | 61.3 |
| Average Annual Low | 40.0 |
| Annual Precipitation Days | 80.0 |
| Average Annual Precipitation | 50.1 |
| Average Annual Snowfall | 28.6 |
Average High
Days of Rain
Rankings for Budd Lake in New Jersey
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Map Of Budd Lake, NJ
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Budd Lake Demographics And Statistics
Population over time in Budd Lake
The current population in Budd Lake is 10,106. The population has increased 20.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 10,106 | 1.2% |
| 2022 | 9,983 | 0.1% |
| 2021 | 9,971 | -4.5% |
| 2020 | 10,444 | 7.2% |
| 2019 | 9,743 | -6.4% |
| 2018 | 10,414 | 10.8% |
| 2017 | 9,401 | 4.0% |
| 2016 | 9,037 | 7.5% |
| 2015 | 8,403 | 2.1% |
| 2014 | 8,234 | 4.6% |
| 2013 | 7,874 | -1.5% |
| 2012 | 7,992 | 2.5% |
| 2011 | 7,794 | -6.9% |
| 2010 | 8,374 | - |
Race / Ethnicity in Budd Lake
Budd Lake is:
55.9% White with 5,651 White residents.
8.6% African American with 867 African American residents.
0.0% American Indian with 0 American Indian residents.
6.6% Asian with 665 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.5% Other with 47 Other residents.
3.3% Two Or More with 337 Two Or More residents.
25.1% Hispanic with 2,539 Hispanic residents.
| Race | Budd Lake | NJ | USA |
|---|---|---|---|
| White | 55.9% | 51.9% | 58.2% |
| African American | 8.6% | 12.3% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 6.6% | 9.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.5% | 0.8% | 0.5% |
| Two Or More | 3.3% | 3.2% | 3.9% |
| Hispanic | 25.1% | 21.9% | 19.0% |
Gender in Budd Lake
Budd Lake is 49.2% female with 4,971 female residents.
Budd Lake is 50.8% male with 5,134 male residents.
| Gender | Budd Lake | NJ | USA |
|---|---|---|---|
| Female | 49.2% | 50.8% | 50.5% |
| Male | 50.8% | 49.2% | 49.5% |
Highest level of educational attainment in Budd Lake for adults over 25
2.0% of adults in Budd Lake completed < 9th grade.
5.0% of adults in Budd Lake completed 9-12th grade.
27.0% of adults in Budd Lake completed high school / ged.
14.0% of adults in Budd Lake completed some college.
5.0% of adults in Budd Lake completed associate's degree.
27.0% of adults in Budd Lake completed bachelor's degree.
16.0% of adults in Budd Lake completed master's degree.
3.0% of adults in Budd Lake completed professional degree.
1.0% of adults in Budd Lake completed doctorate degree.
| Education | Budd Lake | NJ | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 3.0% | 5.0% |
| 9-12th Grade | 5.0% | 5.0% | 6.0% |
| High School / GED | 27.0% | 26.0% | 26.0% |
| Some College | 14.0% | 15.0% | 19.0% |
| Associate's Degree | 5.0% | 7.0% | 9.0% |
| Bachelor's Degree | 27.0% | 26.0% | 21.0% |
| Master's Degree | 16.0% | 13.0% | 10.0% |
| Professional Degree | 3.0% | 3.0% | 2.0% |
| Doctorate Degree | 1.0% | 2.0% | 2.0% |
Household Income For Budd Lake, New Jersey
2.5% of households in Budd Lake earn Less than $10,000.
1.0% of households in Budd Lake earn $10,000 to $14,999.
1.8% of households in Budd Lake earn $15,000 to $24,999.
3.2% of households in Budd Lake earn $25,000 to $34,999.
5.0% of households in Budd Lake earn $35,000 to $49,999.
13.2% of households in Budd Lake earn $50,000 to $74,999.
17.9% of households in Budd Lake earn $75,000 to $99,999.
18.7% of households in Budd Lake earn $100,000 to $149,999.
15.7% of households in Budd Lake earn $150,000 to $199,999.
21.0% of households in Budd Lake earn $200,000 or more.
| Income | Budd Lake | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 2.5% | 4.0% | 4.9% |
| $10,000 to $14,999 | 1.0% | 2.9% | 3.6% |
| $15,000 to $24,999 | 1.8% | 5.0% | 6.6% |
| $25,000 to $34,999 | 3.2% | 5.3% | 6.8% |
| $35,000 to $49,999 | 5.0% | 8.0% | 10.4% |
| $50,000 to $74,999 | 13.2% | 12.9% | 15.7% |
| $75,000 to $99,999 | 17.9% | 11.4% | 12.7% |
| $100,000 to $149,999 | 18.7% | 18.0% | 17.4% |
| $150,000 to $199,999 | 15.7% | 11.7% | 9.3% |
| $200,000 or more | 21.0% | 20.7% | 12.6% |
