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.Budd Lake is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-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. The education level of Budd Lake ranks among the highest in the nation. Of the 25-and-older adult population in Budd Lake, 47.00% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree. 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. In addition, Budd Lake has a lot of people living here who were born outside of the US (20.20%). The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Langs. of India.
