Last updated: 2024 BLS data · Page refreshed:
Budd Lake has a population of 10,650 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,650 |
| Median Age | 36.9 |
| White | 63.1% |
| Black or African American | 9.2% |
| Asian | 7.4% |
| Hispanic or Latino | 21.2% |
The median household income in Budd Lake is $114,154, which is 41.6% above the national median of $80,610. The per capita income is $51,420. The poverty rate is 4.6%.
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In Budd Lake, 93.8% of residents age 25+ have a high school diploma or higher, and 45.3% hold a bachelor's degree or higher (18.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.8% |
| Bachelor's Degree or Higher | 45.3% |
| Graduate or Professional Degree | 18.3% |
The median home value in Budd Lake is $456,100, above the national median of $303,400. The median monthly rent is $1,402. The homeownership rate is 74.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $456,100 |
| Median Monthly Rent | $1,402 |
| Homeownership Rate | 74.8% |
| Vacancy Rate | 0.7% |
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