Budd Lake, NJ
Population 10,106 · New Jersey
About Budd Lake, NJ
Budd Lake is a mid-sized city in New Jersey with a population of 10,106 residents. The median household income is $113,036 per year, which is above the national average. The median age in Budd Lake is 36.9 years.
Housing in Budd Lake has a median home value of $437,200 and median monthly rent of $1,326. Of the 3,652 total housing units, the majority are owner-occupied, with 2,676 owner-occupied and 944 renter-occupied units.
The unemployment rate in Budd Lake is 5.8% and the poverty rate is 5.7%. 47.9% of residents hold a bachelor's degree or higher. The average commute time is 32 minutes.
Cost of Living in Budd Lake, NJ
Compared to national averages, Budd Lake has a median household income of $113,036 (50% above the national median of $75,149). Home values average $437,200, which is 79% above the national median. Monthly rent at $1,326 is 14% above the US average of $1,163. Within New Jersey, Budd Lake's income is 2% below the state average of $115,667, and home values are 7% below the state median of $469,644.
Why Live in Budd Lake, NJ?
Budd Lake offers a strong local economy with a median household income of $113,036, well above the national average, and a well-educated community where 47.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $437,200. However, Budd Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Budd Lake has a population of 10,106 with a median age of 36.9 years. Compare Budd Lake with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Budd Lake
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wood-Ridge | 10,094 | $131,412 | $532,900 | Compare |
| Waldwick | 10,090 | $155,526 | $576,200 | Compare |
| Hillsdale | 10,086 | $169,862 | $656,800 | Compare |
| Hackettstown | 10,143 | $91,250 | $337,100 | Compare |
| East Rutherford | 10,154 | $91,789 | $453,500 | Compare |
| Brookdale | 10,044 | $150,489 | $527,200 | Compare |
| Maywood | 10,042 | $119,306 | $495,700 | Compare |
| White Horse | 10,040 | $100,896 | $274,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Budd Lake
What is the population of Budd Lake, NJ?
The population of Budd Lake, NJ is 10,106 according to the latest Census data.
What is the median household income in Budd Lake?
The median household income in Budd Lake, NJ is $113,036 per year.
What is the median home value in Budd Lake?
The median home value in Budd Lake, NJ is $437,200.
What is the average rent in Budd Lake?
The median monthly rent in Budd Lake, NJ is $1,326.
What is the unemployment rate in Budd Lake?
The unemployment rate in Budd Lake, NJ is 5.8%.