At a Glance
Median Income
$113,036
$51,719 per capita
Home Value
$437,200
Zillow: $543,710
Median Rent
$1,326/mo
24.3% of income on rent
Bachelor's Degree+
47.9%
94.4% high school+
Unemployment
5.8%
5.7% poverty rate
Obesity Rate
23.4%
9.5% smoking rate
How Budd Lake Compares to the U.S. Average
Each bar shows Budd Lake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Budd Lake a Good Place to Live?
A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Budd Lake residents earn a median household income of $113,036 , which is 50% above the national average of $75,149.
Per capita income is $51,719. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 18,002 business establishments, including 1,349 restaurants.
Housing & Cost of Living
The median home value in Budd Lake is $437,200 , 55% above the national median of $281,900.
Zillow estimates the typical home at $543,710. Median rent is $1,326/month, with 24.3% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1973.
Education
47.9% of adults in Budd Lake hold a bachelor's degree or higher
(42% above the national average).
94.4% have completed high school. Local schools score 7.5/10 in standardized testing.
Climate & Weather
Budd Lake has an average annual temperature of 51°F (10°C).
Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 48.8 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population10,106
Median Age36.9 yrs
Density1,858/mi²
Male / Female51% / 49%
Foreign Born20.6%
Veterans3.5%
Economy
A
Median Income$113,036
Per Capita$51,719
Unemployment5.8%
Poverty5.7%
County GDP$74,395M
Avg Weekly Wage$1,946
Housing
A+
Home Value$437,200
Rent$1,326
Ownership73.9%
Zillow$543,710
Housing Units3,620
Rent Burden24.3%
Health
Obesity23.4%
Diabetes7.8%
Smoking9.5%
Heart Disease4.2%
Premature Death4,240/100K
Climate
Avg Temp51°F
Rain48.8 in/yr
AQI37 (Good)
Elevation939 ft
Education
A+
Bachelor's+47.9%
High School+94.4%
Graduate+20.0%
School Score7.5/10
Community
2024 VoteR 50% / D 48%
Commute32 min
Broadband96.4%
Internet Speed105 Mbps
EV Stations1
Libraries37
Did You Know?
The median home in Budd Lake was built in 1973.
18.4% work from home.
The nearest airport is Central Jersey Regional (25 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
6.9% of the population has a disability.
20.6% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.