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Budd Lake, NJ

Full City Profile · New Jersey · Morris County County

3.7 /5.0
B+ Good
10,106 Population 1,858/sq mi density
$113,036 Median Income $51,719 per capita
$437,200 Home Value $540,991 Zillow
$1,326 Median Rent 24.3% income on rent
53°F Avg Temperature 275 sunny days/yr
92 Violent Crime/100K 1,165 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$113,036 median income, 4.4% unemployment
A+
Affordability
4.5 / 5.0
$437,200 home value, $1,326/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
A+
Education
4.8 / 5.0
47.9% bachelor's degree or higher

Budd Lake, NJ

At a Glance

Median Income
$113,036
50% above
$51,719 per capita
Home Value
$437,200
55% above
Zillow: $540,991
Median Rent
$1,326/mo
14% above
24.3% of income on rent
Violent Crime
92/100K
76% below
1,165/100K property
Bachelor's Degree+
47.9%
42% above
94.4% high school+
Unemployment
4.4%
22% above
5.7% poverty rate
Obesity Rate
23.4%
27% below
9.5% smoking rate
Avg Temperature
53°F
275 sunny days/yr

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)

Income
150%
Home Value
155%
Rent
114%
Poverty
46%
Bachelor's
142%
Unemployment
122%
Crime
24%
Thin vertical line = U.S. national average (100%)

Is Budd Lake a Good Place to Live?

B+
3.7 / 5.0 — Good
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 4.4% (22% 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 $540,991. 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.

Safety & Crime

Budd Lake reports 92 violent crimes per 100,000 residents , which is 76% below the national average of 380/100K. Property crime is 1,165/100K.

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 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population10,106
Median Age36.9 yrs
Density1,858/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans3.5%

Economy

A+
Median Income$113,036
Per Capita$51,719
Unemployment4.4%
Poverty5.7%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A+
Home Value$437,200
Rent$1,326
Ownership73.9%
Zillow$540,991
Housing Units3,620
Rent Burden24.3%

Crime

F
Violent92/100K
Property1,165/100K

Health

Obesity23.4%
Diabetes7.8%
Smoking9.5%
Heart Disease4.2%
Premature Death4,240/100K

Climate

Avg Temp53°F
Sunny Days275/yr
Rain45.5 in/yr
AQI39 (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.
6.0% of the population has a disability.
13.6% 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.