Population 15,229 · Census ACS 2020–24
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Population and households in Budd Lake
Household size in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.59 | 2.79 | 2.77 | 2.68 |
| 2010–14 | 2.64 | 2.85 | 2.82 | 2.73 |
| 2015–19 | 2.69 | 2.82 | 2.78 | 2.71 |
| 2020–24 | 2.78 | 2.79 | 2.76 | 2.65 |
| Change | +0.19 | −0.00 | −0.01 | −0.03 |
Households in Budd Lake average 2.78 people, a bit above the national 2.65, so families with children are somewhat more common here. Since 2006–10, household size has climbed from 2.59, even as the national average fell. Households are largest in the west and smallest in the northeast.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.5 | 38.0 | 39.1 | 37.7 |
| 2010–14 | 38.7 | 38.7 | 40.0 | 38.6 |
| 2015–19 | 39.1 | 39.8 | 41.0 | 39.6 |
| 2020–24 | 37.8 | 40.4 | 40.9 | 40.1 |
| Change | +1.3 | +2.4 | +1.8 | +2.3 |
The median resident of Budd Lake is 37.8 years old, a few years younger than the national median of 40.1. Since 2006–10, the median age has climbed from 36.5, as it has nationally. Residents skew youngest in the north and oldest in the east.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.1% | 13.1% | 11.6% | 12.3% |
| 2010–14 | 6.9% | 12.8% | 11.8% | 12.3% |
| 2015–19 | 13.4% | 11.4% | 10.8% | 11.6% |
| 2020–24 | 8.9% | 11.6% | 11.3% | 11.6% |
| Change | −1.2 pts | −1.5 pts | −0.4 pts | −0.6 pts |
Single-parent households are less common in Budd Lake than nationally: 8.9%, against 11.6%. Since 2006–10, the single-parent share has edged down 1.2 points, as it has nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Budd Lake
Renters in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 52.9% | 47.1% | 33.1% | 33.3% |
| 2010–14 | 49.2% | 48.7% | 35.0% | 35.6% |
| 2015–19 | 48.8% | 48.8% | 36.1% | 36.0% |
| 2020–24 | 44.1% | 48.6% | 36.2% | 34.8% |
| Change | −8.9 pts | +1.5 pts | +3.1 pts | +1.5 pts |
More than four in ten households in Budd Lake rent their homes (44.1%), above the national share of 34.8%. Even so, renters make up a smaller share here than in the wider New York area (48.6%). Among homeowners, 32.5% have no mortgage at all, below the national share of 39.8%. The renter share is down 8.9 points from 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.8% | 9.1% | 9.1% | 11.4% |
| 2010–14 | 7.2% | 9.0% | 9.3% | 11.4% |
| 2015–19 | 5.2% | 9.1% | 9.3% | 11.1% |
| 2020–24 | 3.0% | 7.9% | 6.6% | 9.6% |
| Change | −4.8 pts | −1.2 pts | −2.5 pts | −1.8 pts |
Empty homes are scarce in Budd Lake: just 3.0% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. Since 2006–10, vacancy has fallen 4.8 points, in line with the national trend. Budd Lake has a lower vacancy rate than the great majority of New Jersey cities.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 1971 | 1957 | 1965 | 1974 |
| 2010–14 | 1976 | 1958 | 1966 | 1975 |
| 2015–19 | 1977 | 1959 | 1967 | 1977 |
| 2020–24 | 1975 | 1962 | 1969 | 1980 |
| Change | +4 | +5 | +5 | +6 |
Homes in Budd Lake run a bit older than the national norm, with a median build year of 1975 against 1980. Even so, homes here are newer than in the wider New York area, where the median home dates to 1962. The median year built has moved up from 1971 in 2006–10, a sign of steady new building. Newer construction is concentrated in the east, while the center has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,027 | $1,268 | $1,246 | $965 |
| 2010–14 | $1,000 | $1,377 | $1,324 | $1,040 |
| 2015–19 | $1,415 | $1,645 | $1,522 | $1,213 |
| 2020–24 | $1,784 | $2,060 | $1,896 | $1,571 |
| Change | +$757 | +$792 | +$651 | +$606 |
The median renter in Budd Lake pays $1,784 a month for rent and utilities, above the national median of $1,571. Locally, though, rents here are lower than in the New York area as a whole ($2,060). Rents are up $757 a month from 2006–10, a 74% jump, faster than rents rose nationally. The typical renter here spends 27.2% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Budd Lake
Bachelor's degrees in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 35.5% | 35.0% | 34.7% | 28.4% |
| 2010–14 | 40.1% | 36.7% | 36.4% | 29.6% |
| 2015–19 | 40.6% | 39.9% | 39.6% | 32.1% |
| 2020–24 | 47.2% | 43.6% | 43.4% | 35.6% |
| Change | +11.7 pts | +8.6 pts | +8.6 pts | +7.2 pts |
College graduates are unusually common in Budd Lake: 47.2% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby. The share with a degree is up 11.7 points from 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.4% | 83.7% | 87.0% | 84.9% |
| 2010–14 | 94.4% | 84.6% | 88.1% | 86.1% |
| 2015–19 | 94.1% | 86.2% | 89.5% | 87.7% |
| 2020–24 | 94.9% | 86.9% | 90.2% | 89.3% |
| Change | +1.5 pts | +3.3 pts | +3.2 pts | +4.3 pts |
High school completion is high in Budd Lake: 94.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 1.5 points since 2006–10, mirroring the country.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Budd Lake
| Period | Budd Lake | New York area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.2% | 7.9% | 7.9% | 8.1% |
| 2010–14 | 7.4% | 9.5% | 9.8% | 9.4% |
| 2015–19 | 3.7% | 5.7% | 5.6% | 5.6% |
| 2020–24 | 5.3% | 6.9% | 6.4% | 5.4% |
| Change | −0.8 pts | −0.9 pts | −1.5 pts | −2.7 pts |
At 5.3%, unemployment in Budd Lake is close to the national rate of 5.4%. The rate is lower than in the wider New York area (6.9%). Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Budd Lake compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Budd Lake | 2.78 | 37.8 | 8.9% | 44.1% | 3.0% | 1975 | $1,784 | 47.2% | 94.9% | 5.3% |
| Flanders | 2.61 | 44.4 | 5.1% | 34.8% | 1.8% | 1978 | $1,463 | 55.1% | 93.9% | 2.7% |
| Stanhope | 2.70 | 39.8 | 9.2% | 11.3% | 7.4% | 1971 | $1,796 | 47.8% | 95.5% | 5.8% |
| Netcong | 2.01 | 41.9 | 7.7% | 42.2% | 6.8% | 1956 | $1,533 | 35.7% | 93.5% | 3.7% |
| Waterloo | 2.81 | 42.7 | 11.1% | 10.5% | 22.6% | 1966 | $1,899 | 39.4% | 96.4% | 6.2% |
| Ledgewood | 2.59 | 44.2 | 4.4% | 18.8% | 3.1% | 1993 | $2,180 | 59.8% | 95.9% | 14.2% |
| Succasunna | 2.97 | 44.8 | 8.8% | 4.3% | 3.7% | 1969 | $2,490 | 50.7% | 96.6% | 4.3% |
| Hackettstown | 2.58 | 42.0 | 8.3% | 30.4% | 3.4% | 1976 | $1,783 | 48.9% | 95.4% | 6.3% |
| Landing | 2.92 | 39.7 | 12.4% | 18.5% | 7.5% | 1967 | $1,690 | 39.8% | 92.2% | 3.9% |
| Allamuchy | 2.10 | 55.6 | 2.6% | 27.5% | 2.4% | 1982 | $1,683 | 42.5% | 97.0% | 6.0% |
| Long Valley | 2.85 | 46.7 | 2.8% | 7.9% | 3.2% | 1977 | $1,671 | 64.2% | 98.7% | 4.1% |
All figures 2020–24.
Cities with similar populations: Bull Mountain, OR · Carbondale, CO · Valley, AL · Canal Fulton, OH · Camillus, NY · Van Wert, OH · Vernon, NJ · Loomis, CA · Vine Grove, KY · Wabash, IN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Budd Lake. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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