Budd Lake, NJ demographics:
population, income, and more
Budd Lake population
How many people live in Budd Lake
Budd Lake is home to 10,650 residents, according to the most recent Census data. Gender-wise, 50.7% of Budd Lake locals are male, and 49.3% are female.
Age demographics
The median age in Budd Lake is 37, with the population distributed as follows: about 23.2% are children under 15, then 9.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 31.8% of the population, while another 24.7% fall into the 45 to 64 bracket. Finally, around 11.1% are 65 or older.
Racial makeup
In Budd Lake, 74.5% of the population are US-born citizens, while 16.6% have gained naturalized citizenship. At the same time, 8.9% of residents are non-citizens. As for race, 63.1% of locals are Caucasian, 9.2% are African American and 7.4% have Asian roots. There’s also a share of 11.9% that includes residents with two or more races.
Households in Budd Lake
A peek inside Budd Lake households
Budd Lake has 3,708 households, with an average of 3 members in each. Of these, 82.1% are families, while the remaining 17.9% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Budd Lake
The housing landscape of Budd Lake
Budd Lake's housing consists of 3,734 units, with 69% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8% and offer a more compact, shared living style.
The age of buildings in Budd Lake
In Budd Lake, the median construction year is 1975. About 9.8% of homes were built before the 1940s, with another 11.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.9% of homes were added from 2000 to 2009, 10.6% between 2010 and 2019, and 2.3% are part of the newest wave of development.
Budd Lake occupancy rates
Out of the 3,708 occupied housing units in Budd Lake, 74.8% are owner-occupied, while 25.2% are lived in by tenants. Meanwhile, 0.7% of all homes on the local market sit vacant.
Budd Lake housing costs
Housing costs in Budd Lake come to a median of $1,902 per month, while tenants specifically pay a median gross rent of $1,402.
Education in Budd Lake
Budd Lake education at a glance
About 34.8% of the population in Budd Lake went to high school, while 13.2% pursued college studies. Another 7.4% earned an associate degree and 26.1% hold a bachelor’s. Meanwhile, 17.5% went even further, earning a master’s or doctorate.
Income in Budd Lake
How much people earn in Budd Lake
The average annual household income in Budd Lake was $147,143 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.9% change from the previous year. At the same time, the median income stood at $114,154, reflecting a +1% shift over the same period.
Budd Lake income by age
In Budd Lake, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $110,500. Those with someone between 45 and 64 in charge, often well established professionally, earn $141,875 overall. Overall, 95.3% of the locals in this community live above the poverty line.
Average renter income in Budd Lake
To get a better sense of what renters earn on average in Budd Lake, their median household income was $68,086 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.7%, shows what portion of their earnings goes toward housing expenses.
Employment in Budd Lake
Workforce and job types in Budd Lake
The job market in Budd Lake is powered by 5,766 working residents, spread across a range of industries and roles. 81% of the working population are employed in professional or administrative positions, while 19% are in hands-on or service-based jobs. Also, 12.7% run their own businesses, 66.2% are employed by private companies, and 16.5% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Budd Lake stands at 6.4%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Budd Lake
How people get around in Budd Lake
Explore more communities
Big cities by the numbers
- Newark demographics
- Jersey City demographics
- Paterson demographics
- Elizabeth demographics
- Lakewood Township demographics
- Hamilton Township demographics
- Edison demographics
- Woodbridge Township demographics
- Trenton demographics
- Clifton demographics
- Toms River Township demographics
- Brick demographics
- Middletown demographics
- Cherry Hill demographics
- Old Bridge Township demographics
- Franklin demographics
- Camden demographics
- Bayonne demographics
- Passaic demographics
- East Orange demographics
- Union City demographics
FAQs about Budd Lake demographics
What is the total population of Budd Lake?
What is the gender ratio in Budd Lake?
- 50.7% males (5,395 residents)
- 49.3% females (5,255 residents)
What is the median age in Budd Lake?
What is the age distribution of the population in Budd Lake?
- Under 15: 23.2% (2,466 residents)
- Ages 15-24: 9.3% (986 residents)
- Ages 25-44: 31.8% (3,381 residents)
- Ages 45-64: 24.7% (2,632 residents)
- Over 65: 11.1% (1,185 residents)
What is the racial and ethnic makeup of Budd Lake?
- White: 63.1% (6,718 residents)
- Black or African American: 9.2% (980 residents)
- American Indian and Alaska Native: 0.2% (16 residents)
- Asian: 7.4% (792 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 11.9% (1,264 residents)
- Other: 8.3% (880 residents)
What percentage of the population in Budd Lake are U.S.-born citizens?
How many housing units are there in Budd Lake?
How many households are in Budd Lake and what is the average household size?
What is the median household income in Budd Lake?
What is the employment rate and job market overview for Budd Lake?
Job types:
- White-collar workers: 81% (4,670 residents)
- Blue-collar workers: 19% (1,096 residents)
Places of employment:
- Self-employed: 12.7% (731 residents)
- Private companies: 66.2% (3,815 residents)
- Governmental workers: 16.5% (949 residents)
- Not-for-profit companies: 4.7% (271 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.