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 (18.23%), teaching (10.64%), and office and administrative support (9.15%). 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: 18.44% 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 great place for families with children to consider. First of all, many other families with children live here, making Budd Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Budd Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Budd Lake’s overall crime rate is lower than average for the country. In Budd Lake, however, the average commute to work is quite long. On average, people spend 31.65 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, 47.87% 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 $51,719, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $206,876 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 25.12% of the town’s residents. Important ancestries of people in Budd Lake include Italian, German, Irish, Polish, and English. In addition, Budd Lake has a lot of people living here who were born outside of the US (20.57%). The most common language spoken in Budd Lake is English. Other important languages spoken here include Spanish and Langs. of India.
