Budd Lake, New Jersey Population 2024

9,522

Budd Lake is a city located in Morris County New Jersey. Budd Lake has a 2024 population of 9,522. Budd Lake is currently declining at a rate of -2.36% annually and its population has decreased by -8.83% since the most recent census, which recorded a population of 10,444 in 2020.

The average household income in Budd Lake is $131,571 with a poverty rate of 5.76%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Budd Lake is 37.3 years, 35.7 years for males, and 37.6 years for females.

Budd Lake Demographics

According to the most recent ACS, the racial composition of Budd Lake was:

  • White: 69.14%
  • Black or African American: 8.93%
  • Two or more races: 8.43%
  • Asian: 7.1%
  • Other race: 6.13%
  • Native American: 0.27%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
5.4 sq mi
Density (mi²)
1,749.10/sq mi
Growth Since 2020
-8.83% (-922)
The current population of Budd Lake, New Jersey is 9,522 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 10,444.

Budd Lake, New Jersey Population 2024

Population by Race

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Race
Population
Percentage (of total)
White6,90269.14%
Black or African American8918.93%
Two or more races8428.43%
Asian7097.1%
Other race6126.13%
Native American270.27%
Native Hawaiian or Pacific Islander00%

White

Black or African American

Two or more races

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

Budd Lake Population by Race

Budd Lake Population Pyramid 2024

Budd Lake Median Age

37.3

Total

35.7

Male

37.6

Female

Budd Lake Adults

There are 7,363 adults, (1,149 of whom are seniors) in Budd Lake.

Budd Lake Age Dependency

60.7

Age Dependency Ratio

18.5

Old Age Dependency Ratio

42.2

Child Dependency Ratio

Budd Lake Sex Ratio

Female4,67246.8%
Male5,31153.2%

Budd Lake Population by Age

Budd Lake Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All3,5492.8175.124.9
Married1,9813.3587.712.3
Non Family7721.3858.241.8
Female4753.1248.251.8
Male3212.4577.322.7

3.08

Average Family Size

2.81

Average Household Size

75.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Budd Lake Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Budd Lake Educational Attainment by Sex (over 25)

Budd Lake Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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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 73.7%.

Budd Lake Educational Attainment by Race

All

Male

Female

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$59,333

Average Earnings

$69,734

Average Male

$39,613

Average Female

Budd Lake Earnings by Educational Attainment

Budd Lake Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Budd Lake Language

67.72% of Budd Lake residents speak only English, while 32.28% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 14.43% of the population.

Budd Lake Language

Budd Lake Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White5,8442514.3%
Hispanic2,1531748.08%
Other61214123.04%
Black89111012.35%
Native2727100%
Asian70910.14%

5.76%

Overall Poverty Rate

3.54%

Male Poverty Rate

8.28%

Female Poverty Rate

Poverty in Budd Lake

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 0.14% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.49%. Among those working part-time, it was 13.1%, and for those that did not work, the poverty rate was 5.08%.

Budd Lake Poverty

rate

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Rate
Poverty
Some College12.87%
High School7.51%
Less Than 9th Grade2.15%
Bachelors or Greater1.79%

Budd Lake Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed49.74%
Male Unemployed14.71%
Female Employed2.91%
Male Employed2.91%

Budd Lake Poverty Rate by Employment Status and Sex

Budd Lake Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Budd Lake Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

53.2%

Overall Marriage Rate

52.3%

Male Marriage Rate

54.1%

Female Marriage Rate

Budd Lake Married by Age and Sex

male

female

Budd Lake Marriage

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.

Budd Lake Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Budd Lake Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

276

Number of Veterans

262

Male Veterans

14

Female Veterans

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Budd Lake Veterans by War

count

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Budd Lake Veterans by Age

count

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Budd Lake Veterans by Race

Budd Lake Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

27.17%

Veteran Disability Rate

Budd Lake Veterans by Education

LaborForceParticipation

75.3%

Labor Force Participation

71%

Employment Rate

5.7%

Unemployment Rate

Budd Lake Employment by Age

LaborForceParticipation

Budd Lake Employment by Race

LaborForceParticipation

Budd Lake Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

56.62%

Born in Budd Lake

79.8%

Native Born

20.2%

Foreign Born

6.47%

Non Citizen

13.73%

Naturalized

Place of Birth

79.8% of Budd Lake residents were born in the United States, with 56.62% having been born in New Jersey. 6.47% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Budd Lake Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20249,522-230-2.36%
20239,752-231-2.31%
20229,983120.12%
20219,971-473-4.53%
202010,4447017.19%
20199,743-671-6.44%
201810,4141,01310.78%
20179,4013644.03%
20169,0376347.54%
20158,4031692.05%
20148,2343604.57%
20137,874-118-1.48%
20127,9921982.54%
20117,794-1,174-13.09%
20108,96800%

Budd Lake Population by Year