Budd Lake is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Budd Lake’s overall crime rate is lower than average for the country.
One downside of living in Budd Lake is that it can take a long time to commute to work. In Budd Lake, the average commute to work is 31.83 minutes, which is quite a bit higher than the national average.
Budd Lake is one of the most well-educated cities in the nation. 47.00% of adults in Budd Lake have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Budd Lake in 2018 was $47,099, which is lower middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $188,396 for a family of four.
Budd Lake is an extremely ethnically-diverse town. The people who call Budd Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Budd Lake residents report their race to be White, followed by Black or African-American. Budd Lake also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 21.57% of the town’s residents. Important ancestries of people in Budd Lake include German, Italian, Irish, English, and Polish.
Budd Lake also has a high percentage of its population that was born in another country: 20.20%.
The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Langs. of India.
