Budd Lake is a somewhat small town located in the state of New Jersey. With a population of 9,784 people and three associated neighborhoods, Budd Lake is the 203rd largest community in New Jersey.Unlike some towns, Budd Lake isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Budd Lake are a mix of both white- and blue-collar jobs. Overall, Budd Lake is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Budd Lake who work in management occupations (15.72%), teaching (11.59%), and sales jobs (9.27%). Also of interest is that Budd Lake has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.49% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Budd Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Budd Lake really has some of the features that families look for when choosing a good community to raise children. Is Budd Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. In Budd Lake, however, the average commute to work is quite long. On average, people spend 31.83 minutes each day getting to work, which is significantly higher than the national average. Budd Lake is one of the most well-educated cities in the nation. 47.00% of adults in Budd Lake have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Budd Lake in 2022 was $47,099, which is lower middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $188,396 for a family of four. Budd Lake is an extremely ethnically-diverse town. The people who call Budd Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Budd Lake residents report their race to be White, followed by Black or African-American. Budd Lake also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 21.57% of the town’s residents. Important ancestries of people in Budd Lake include German, Italian, Irish, English, and Polish. Budd Lake also has a high percentage of its population that was born in another country: 20.20%. The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Langs. of India.
