Budd Lake SnackAbility
Overall SnackAbility
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 130 with 100 being average.
The cost of living in Budd Lake is 1.3x higher than the national average.
The median home value in Budd Lake is $553,444.
The median income in Budd Lake is $114,154.
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 | 130 | 125 | 100 |
| Services | 108 | 107 | 100 |
| Groceries | 116 | 113 | 100 |
| Health | 170 | 155 | 100 |
| Housing | 117 | 116 | 100 |
| Transportation | 111 | 112 | 100 |
| Utilities | 114 | 113 | 100 |
Source: Cost of living index, normalized to US average = 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
Source: NOAA climate normals (30-year)
Rankings & Articles For Budd Lake
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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 10,650. The population has increased 27.2% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 10,650 | 5.4% |
| 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
See the full breakdown
Budd Lake is:
58.0% White with 6,180 White residents.
9.2% African American with 979 African American residents.
0.0% American Indian with 0 American Indian residents.
7.4% Asian with 792 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.7% Other with 79 Other residents.
3.4% Two Or More with 362 Two Or More residents.
21.2% Hispanic with 2,258 Hispanic residents.
| Race | Budd Lake | NJ | USA |
|---|---|---|---|
| White | 58.0% | 50.9% | 57.4% |
| African American | 9.2% | 12.2% | 11.9% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 7.4% | 10.0% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.7% | 0.8% | 0.6% |
| Two Or More | 3.4% | 3.5% | 4.3% |
| Hispanic | 21.2% | 22.5% | 19.3% |
Gender in Budd Lake
See the full breakdown
Budd Lake is 49.3% female with 5,255 female residents.
Budd Lake is 50.7% male with 5,394 male residents.
| Gender | Budd Lake | NJ | USA |
|---|---|---|---|
| Female | 49.3% | 50.8% | 50.5% |
| Male | 50.7% | 49.2% | 49.5% |
Highest level of educational attainment in Budd Lake for adults over 25
See the full breakdown
1.0% of adults in Budd Lake completed < 9th grade.
5.0% of adults in Budd Lake completed 9-12th grade.
29.0% of adults in Budd Lake completed high school / ged.
13.0% of adults in Budd Lake completed some college.
6.0% of adults in Budd Lake completed associate's degree.
27.0% of adults in Budd Lake completed bachelor's degree.
15.0% 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 | 1.0% | 4.0% | 4.0% |
| 9-12th Grade | 5.0% | 5.0% | 6.0% |
| High School / GED | 29.0% | 25.0% | 26.0% |
| Some College | 13.0% | 15.0% | 19.0% |
| Associate's Degree | 6.0% | 7.0% | 9.0% |
| Bachelor's Degree | 27.0% | 26.0% | 22.0% |
| Master's Degree | 15.0% | 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
See the full breakdown
2.3% of households in Budd Lake earn Less than $10,000.
0.5% of households in Budd Lake earn $10,000 to $14,999.
1.2% of households in Budd Lake earn $15,000 to $24,999.
2.0% of households in Budd Lake earn $25,000 to $34,999.
4.3% of households in Budd Lake earn $35,000 to $49,999.
15.8% of households in Budd Lake earn $50,000 to $74,999.
18.1% of households in Budd Lake earn $75,000 to $99,999.
16.8% of households in Budd Lake earn $100,000 to $149,999.
18.6% of households in Budd Lake earn $150,000 to $199,999.
20.5% of households in Budd Lake earn $200,000 or more.
| Income | Budd Lake | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 2.3% | 4.1% | 5.0% |
| $10,000 to $14,999 | 0.5% | 2.7% | 3.4% |
| $15,000 to $24,999 | 1.2% | 4.8% | 6.3% |
| $25,000 to $34,999 | 2.0% | 5.1% | 6.6% |
| $35,000 to $49,999 | 4.3% | 7.6% | 10.1% |
| $50,000 to $74,999 | 15.8% | 12.8% | 15.5% |
| $75,000 to $99,999 | 18.1% | 11.3% | 12.6% |
| $100,000 to $149,999 | 16.8% | 18.1% | 17.5% |
| $150,000 to $199,999 | 18.6% | 11.8% | 9.6% |
| $200,000 or more | 20.5% | 21.6% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
