Budd Lake is a CDP located in Morris County New Jersey. Budd Lake has a 2024 population of 10,152. Budd Lake is currently growing at a rate of 0.83% annually but its population has decreased by -2.8% since the most recent census, which recorded a population of 10,444 in 2020.
The average household income in Budd Lake is $144,417 with a poverty rate of 5.68%. The median age in Budd Lake is 36.9 years: 35.8 years for males, and 37.3 years for females.
According to the most recent ACS, the racial composition of Budd Lake was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 6,565 | 64.96% |
| Two or more races | 1,223 | 12.1% |
| Black or African American | 867 | 8.58% |
| Other race | 762 | 7.54% |
| Asian | 665 | 6.58% |
| Native American | 24 | 0.24% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
White
Two or more races
Black or African American
Other race
Asian
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 3,620 | 2.79 | 73.9 | 26.1 |
| Married | 2,155 | 3.28 | 87.1 | 12.9 |
| Non Family | 688 | 1.27 | 59.4 | 40.6 |
| Female | 545 | 3.04 | 36 | 64 |
| Male | 232 | 2.09 | 83.6 | 16.4 |
3.05
Average Family Size
2.79
Average Household Size
73.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 321 | 4.68% |
| Associates Degree | 373 | 5.43% |
| Bachelors Degree | 1,882 | 27.41% |
| Graduate Degree | 1,404 | 20.45% |
| High School Graduate | 1,880 | 27.39% |
| Less Than 9th Grade | 63 | 0.92% |
| Some College | 942 | 13.72% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 4,016 | 3,840 | 1,695 |
| Hispanic | 1,472 | 1,284 | 719 |
| 2+ Races | 778 | 778 | 424 |
| Black | 672 | 672 | 377 |
| Asian | 457 | 445 | 357 |
| Other Race | 434 | 382 | 208 |
| Native American | 24 | 24 | 0 |
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among asian people with a rate of 78.12%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $57,210 | $93,823 | $37,900 |
| Graduate Degree | $79,809 | $107,778 | $75,655 |
| High School Graduate | $52,653 | $68,536 | $23,654 |
| Less Than 9th Grade | $72,240 | $0 | $0 |
| Overall | $69,464 | $77,083 | $44,019 |
| Some College | $80,133 | $81,094 | $74,875 |
$69,464
Average Earnings
$77,083
Average Male
$44,019
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
66.79% of Budd Lake residents speak only English, while 33.21% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 17.09% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 5,651 | 283 | 5.01% |
| Hispanic | 2,539 | 174 | 6.85% |
| Other | 762 | 150 | 19.69% |
| Black | 867 | 77 | 8.88% |
| Native | 24 | 24 | 100% |
| Multiple | 1,223 | 20 | 1.64% |
| Asian | 665 | 1 | 0.15% |
5.68%
Overall Poverty Rate
4.32%
Male Poverty Rate
7.08%
Female Poverty Rate
The race most likely to be in poverty in Budd Lake is Native, with 100% below the poverty level.
The race least likely to be in poverty in Budd Lake is Asian, with 0.15% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.56%. Among those working part-time, it was 11.56%, and for those that did not work, the poverty rate was 5.03%.
rate
Rate | Poverty |
|---|---|
| High School | 10.27% |
| Some College | 5.93% |
| Bachelors or Greater | 1.77% |
| Less Than 9th Grade | 0% |
rate
Rate | Poverty |
|---|---|
| Female Unemployed | 40.65% |
| Male Unemployed | 14.29% |
| Male Employed | 2.09% |
| Female Employed | 1.81% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $132,989 | $156,479 |
| Households | $113,036 | $144,417 |
| Married Families | $162,297 | $-999,999,999 |
| Non Families | $66,838 | $81,186 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
55.7%
Overall Marriage Rate
55.5%
Male Marriage Rate
55.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
255
Number of Veterans
239
Male Veterans
16
Female Veterans
War | Veterans |
|---|---|
| Vietnam | 117 |
| First Gulf War | 62 |
| Korea | 16 |
| Second Gulf War | 13 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 65 to 74 | 86 |
| 75+ | 82 |
| 55 to 64 | 55 |
| 35 to 54 | 32 |
| 18 to 34 | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 216 | 4.62% |
| 2+ Races | 30 | 3.58% |
| Hispanic | 30 | 1.85% |
| Black | 9 | 1.17% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
23.92%
Veteran Disability Rate
LaborForceParticipation
76.6%
Labor Force Participation
72.1%
Employment Rate
5.8%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
57.96%
Born in Budd Lake
79.43%
Native Born
20.57%
Foreign Born
6.52%
Non Citizen
14.05%
Naturalized
79.43% of Budd Lake residents were born in the United States, with 57.96% having been born in New Jersey. 6.52% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Change |
|---|---|---|---|
| 2024 | 10,152 | 84 | 0.83% |
| 2023 | 10,068 | 85 | 0.85% |
| 2022 | 9,983 | 12 | 0.12% |
| 2021 | 9,971 | -473 | -4.53% |
| 2020 | 10,444 | 701 | 7.19% |
| 2019 | 9,743 | -671 | -6.44% |
| 2018 | 10,414 | 1,013 | 10.78% |
| 2017 | 9,401 | 364 | 4.03% |
| 2016 | 9,037 | 634 | 7.54% |
| 2015 | 8,403 | 169 | 2.05% |
| 2014 | 8,234 | 360 | 4.57% |
| 2013 | 7,874 | -118 | -1.48% |
| 2012 | 7,992 | 198 | 2.54% |
| 2011 | 7,794 | -1,174 | -13.09% |
| 2010 | 8,968 | 0 | 0% |