Budd Lake is a somewhat small town located in the state of New Jersey. With a population of 9,224 people and two constituent neighborhoods, Budd Lake is the 220th largest community in New Jersey.
Housing costs in Budd Lake are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Budd Lake is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Budd Lake is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Budd Lake who work in office and administrative support (15.32%), management occupations (11.34%), and sales jobs (10.27%).
Also of interest is that Budd Lake has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Budd Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Budd Lake really has some of the features that families look for when choosing a good community to raise children. Is Budd Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Budd Lake, however, is that residents on average have to contend with a long commute, spending on average 35.18 minutes every day commuting to work.
The education level of Budd Lake ranks among the highest in the nation. Of the 25-and-older adult population in Budd Lake, 43.08% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Budd Lake in 2010 was $43,557, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $174,228 for a family of four.
Budd Lake is a very 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 Asian. 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 11.45% of the town’s residents. Important ancestries of people in Budd Lake include Irish, German, English, and Polish.
Budd Lake also has a high percentage of its population that was born in another country: 15.47%.
The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Other Asian languages.