Budd Lake, NJ


Most expensive Budd Lake neighborhoods

Budd Lake profile

Living in Budd Lake

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.

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Budd Lake is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Budd Lake is a town of sales and office workers, professionals, and managers. There are especially a lot of people living in Budd Lake who work in office and administrative support (15.63%), management occupations (13.84%), and sales jobs (10.26%).

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 great place for families with children to consider. First of all, many other families with children live here, making Budd Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Budd Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Budd Lake’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

One downside of living in Budd Lake, however, is that residents on average have to contend with a long commute, spending on average 34.68 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, 42.03% 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 $40,646, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $162,584 for a family of four. However, Budd Lake contains both very wealthy and poor people as well.

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 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 14.29% of the town’s residents. Important ancestries of people in Budd Lake include Irish, German, English, and Polish.

Foreign born people are also an important part of Budd Lake's cultural character, accounting for 15.83% of the town’s population.

The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Other Asian languages.

Real Estate in Popular Budd Lake Neighborhoods

Zip Codes in Budd Lake, NJ