Budd Lake, NJ

Census Place

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    2024 Population
    10,650
    US Senator
    Cory Booker
    Democratic Party
    US Senator
    Andy Kim
    Democratic Party
    2024 Poverty Rate
    4.63%
    18.5% 1-year decrease
    2024 Median Household Income
    $114,154
    0.989% 1-year growth
    2024 Median Property Value
    $456,100
    4.32% 1-year growth
    2024 Employed Population
    5,766
    3.67% 1-year growth

    About

    None of the households in Budd Lake, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

    91.1% of the residents in Budd Lake, NJ are U.S. citizens.

    In 2024, the median property value in Budd Lake, NJ was $456,100, and the homeownership rate was 74.8%.

    Most people in Budd Lake, NJ drove alone to work, and the average commute time was 30.4 minutes. The average car ownership in Budd Lake, NJ was 2 cars per household.

    United StatesNew JerseyMorris County, NJNew York-Newark-Jersey City, NY-NJ-PAMorris County (West) PUMA, NJ

    Population & Diversity

    Budd Lake, NJ is home to a population of 10.7k people, from which 91.1% are citizens. As of 2024, 22.1% of Budd Lake, NJ residents were born outside of the country (2.35k people).

    In 2024, there were 6.31 times more White (Non-Hispanic) residents (6.18k people) in Budd Lake, NJ than any other race or ethnicity. There were 979 Black or African American (Non-Hispanic) and 850 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

    Population & Diversity

    Citizenship

    91.1%
    2024 Citizenship
    93.5%
    2023 Citizenship

    As of 2024, 91.1% of Budd Lake, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Budd Lake, NJ was 93.5%, meaning that the rate of citizenship has been decreasing.

    The following chart shows US citizenship percentages in Budd Lake, NJ compared to that of it's neighboring and parent geographies.

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    Diversity

    Race and Ethnicity

    The 3 largest ethnic groups in Budd Lake, NJ
    1. White (Non-Hispanic)
      6.18k ± 778
    2. Black or African American (Non-Hispanic)
      979 ± 415
    3. Two Races Including Other (Hispanic)
      850 ± 376
    21.2%
    Hispanic Population
    2.26k people

    In 2024, there were 6.31 times more White (Non-Hispanic) residents (6.18k people) in Budd Lake, NJ than any other race or ethnicity. There were 979 Black or African American (Non-Hispanic) and 850 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

    21.2% of the people in Budd Lake, NJ are hispanic (2.26k people).

    The following chart shows the 8 races represented in Budd Lake, NJ as a share of the total population.

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    Global Diversity

    The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
    Most Common Origin
    1. India
      279,408 ± 12,782 people
    2. Dominican Republic
      210,288 ± 11,131 people
    3. Mexico
      108,737 ± 8,049 people

    In 2024, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 279,408 New Jersey residents, followed by Dominican Republic with 210,288 and Mexico with 108,737.

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    Foreign-Born Population

    22.1%
    2024 Foreign-Born Population
    2.35k people
    20.6%
    2023 Foreign-Born Population
    2.08k people

    As of 2024, 22.1% of Budd Lake, NJ residents (2.35k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Budd Lake, NJ was 20.6%, meaning that the rate has been increasing.

    The following chart shows the percentage of foreign-born residents in Budd Lake, NJ compared to that of it's neighboring and parent geographies.

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    Military

    Veterans

    Most Common Service Period
    1. Vietnam
      49 ± 49
    2. Gulf War (2001-)
      48 ± 51
    3. Gulf War (1990s)
      27 ± 43

    Budd Lake, NJ has a large population of military personnel who served in Vietnam, 1.02 times greater than any other conflict.

    The chart shows the distribution of veterans by conflict in Budd Lake, NJ.

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    Health

    95.7% of the population of Budd Lake, NJ has health coverage, with 72.3% on employee plans, 8.29% on Medicaid, 8.8% on Medicare, 6.2% on non-group plans, and 0.122% on military or VA plans.

    Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

    By gender, of the total number of insured persons, 50.7% were men and 49.3% were women.

    Coverage

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 28.5% under 18 years, 18.7% between 18 and 34 years, 41.7% between 35 and 64 years, and 11.1% over 64 years.

    By gender, of the total number of insured persons, 50.7% were men and 49.3% were women.

    The following chart shows the number of people with health coverage by gender.

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    Uninsured People

    4.31%
    Uninsured
    72.3%
    Employer Coverage
    8.29%
    Medicaid
    8.8%
    Medicare
    6.2%
    Non-Group
    0.122%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Budd Lake, NJ declined by 18% from 5.25% to 4.31%.

    The following chart shows how the percent of uninsured individuals in Budd Lake, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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    Economy

    The economy of Budd Lake, NJ employs 5.77k people. In 2024, the largest industries in Budd Lake, NJ were Manufacturing (798 people), Retail Trade (697 people), and Health Care & Social Assistance (682 people), and the highest paying industries were Wholesale Trade ($189,625), Public Administration ($108,178), and Professional, Scientific, & Technical Services ($106,071).

    Employment

    Occupations

    5.77k
    2024 Value
    ± 635
    3.67%
    1 Year growth
    ± 15.4%

    From 2023 to 2024, employment in Budd Lake, NJ grew at a rate of 3.67%, from 5.56k employees to 5.77k employees.

    The most common job groups, by number of people living in Budd Lake, NJ, are Management Occupations (1,021 people), Education Instruction, & Library Occupations (604 people), and Office & Administrative Support Occupations (567 people). This chart illustrates the share breakdown of the primary jobs held by residents of Budd Lake, NJ.

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    Unemployment Insurance Claims

    Data is only available at the state level. Showing data for New Jersey.

    This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

    The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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    Industries

    Employment by Industries

    5.77k
    2024 Value
    ± 635
    3.67%
    1 Year growth
    ± 15.4%

    From 2023 to 2024, employment in Budd Lake, NJ grew at a rate of 3.67%, from 5.56k employees to 5.77k employees.

    The most common employment sectors for those who live in Budd Lake, NJ, are Manufacturing (798 people), Retail Trade (697 people), and Health Care & Social Assistance (682 people). This chart shows the share breakdown of the primary industries for residents of Budd Lake, NJ, though some of these residents may live in Budd Lake, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $76,047
    Median earning men ± $7,597
    $44,857
    Median earning women ± $5,478

    The industries with the best median earnings for men in 2024 are Wholesale Trade ($165,625), Finance & Insurance, & Real Estate & Rental & Leasing ($123,819), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($123,304).

    The industries with the best median earnings for women in 2024 are Public Administration ($120,625), Manufacturing ($107,619), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($75,875).

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for New Jersey.
    Y-Axis
    2.27%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

    Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

    The following chart shows monthly employment numbers for each industry sector in New Jersey.

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    Civics

    In the 2024 presidential election, the popular vote in New Jersey went to Kamala Harris with 52% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Jill Stein (0.914%).

    Cory Booker and Andy Kim are the senators currently representing the state of New Jersey. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    New Jersey is currently represented by 11 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    Presidential Elections

    Voting results are not available for Budd Lake, NJ. Showing the available data for New Jersey.
    2024 Election Results
    1. Kamala Harris (52%)
      Democratic Party
    2. Donald J. Trump (46.1%)
      Republican Party
    3. Jill Stein (0.914%)
      Green Party

    In the 2024 presidential election, the popular vote in New Jersey went to Kamala Harris with 52% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Jill Stein (0.914%).

    The following chart shows the popular vote results in New Jersey for each registered party from 1976 to 2024.

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    Senator Elections

    US Senators from New Jersey

    Senatorial voting results are only available at the state level. Showing data for New Jersey.
    Cory Booker
    Senator from New Jersey2
    Assumed office on October 31, 2013
    Elected to the seat to succeed Jeffrey Chiesa, who had been appointed to the seat following the death of Frank Lautenberg.{{Cite news |url=https://www.politico.com/story/2013/10/cory-booker-new-jersey-senate-election-098436 |title=Booker Wins New Jersey Senate Seat |work=Politico |access-date=May 21, 2020 }}
    Andy Kim
    Senator from New Jersey1
    Assumed office on December 8, 2024
    Elected to the seat to succeed George Helmy, who had been appointed to the seat following the resignation of Bob Menendez.

    Cory Booker and Andy Kim are the senators currently representing New Jersey.

    In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    The following chart shows elected senators in New Jersey over time, excluding special elections, colored by their political party.

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    Housing & Living

    The median property value in Budd Lake, NJ was $456,100 in 2024, which is 1.37 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $437,200 to $456,100, a 4.32% increase. The homeownership rate in Budd Lake, NJ is 74.8%, which is higher than the national average of 65.2%.

    People in Budd Lake, NJ have an average commute time of 30.4 minutes, and they drove alone to work. Car ownership in Budd Lake, NJ is approximately the same as the national average, with an average of 2 cars per household.

    Housing

    Property

    $456,100
    Median Property Value 2024
    ±$15,191
    $2,774
    Median Property Taxes
    ±$408

    The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Budd Lake, NJ the largest share of households pay taxes in the $3k+ range.

    The chart underneath the paragraph shows the property taxes in Budd Lake, NJ compared to it's parent and neighbor geographies.

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    Rent vs Own

    74.8%
    Homeownership
    2024
    63.1%
    Homeowners with Mortgage
    2024

    In 2024, 74.8% of the housing units in Budd Lake, NJ were occupied by their owner. This percentage grew from the previous year's rate of 73.9%.

    This chart shows the percentage of owner in Budd Lake, NJ compared it's parent and neighboring geographies.

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    Equity

    Household Income

    Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
    $114,154
    Median Household Income
    ± $15,593
    3.71k
    Number of Households
    ± 478

    In 2024, the median household income of the 3.71k households in Budd Lake, NJ grew to $114,154 from the previous year's value of $113,036.

    The following chart displays the households in Budd Lake, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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    Wage Distribution

    The closest comparable wage GINI for Budd Lake, NJ is from New Jersey.
    0.482
    2024 Wage GINI in New Jersey
    0.486
    2023 Wage GINI in New Jersey

    In 2024, the income inequality in New Jersey was 0.482 according to the GINI calculation of the wage distribution. Income inequality had a 0.733% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.474. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

    This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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    Transportation

    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (72.6%)
    2. Worked At Home (19.1%)
    3. Carpooled (7.34%)

    In 2024, 72.6% of workers in Budd Lake, NJ drove alone to work, followed by those who worked at home (19.1%) and those who carpooled to work (7.34%).

    The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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    Commute Time

    30.4 minutes
    Average Travel Time

    Using averages, employees in Budd Lake, NJ have a longer commute time (30.4 minutes) than the normal US worker (26.4 minutes). Additionally, 1.94% of the workforce in Budd Lake, NJ have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Budd Lake, NJ compares to that of it's neighboring and parent geographies.

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    Car Ownership

    2 cars
    Average Number

    The following chart displays the households in Budd Lake, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Budd Lake, NJ have 2 cars.

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    Poverty

    Poverty & Diversity

    4.63% of the population for whom poverty status is determined in Budd Lake, NJ (493 out of 10.7k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females 25 - 34 and then Females 6 - 11.

    The most common racial or ethnic group living below the poverty line in Budd Lake, NJ is White, followed by Other and Hispanic.

    The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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