Budd Lake, NJ Profile: Facts, Map & Data

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Budd Lake, New Jersey - Basic Facts

The Budd Lake Census Designated Place had a population of 9,335 as of July 1, 2016.

The primary coordinate point for Budd Lake is located at latitude 40.8735 and longitude -74.7368 in Morris County. The formal boundaries for the Budd Lake Census Designated Place (see map below) encompass a land area of 5.44 sq. miles and a water area of 0.98 sq. miles. Morris County is in the Eastern time zone (GMT -5). The elevation is 955 feet.

The Budd Lake Census Designated Place (GNIS ID: 2389258) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Budd Lake Census Designated Place is located within Township of Mount Olive, a minor civil division (MCD) of Morris County.

Beneath the boundary map are tables with Budd Lake population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Budd Lake: Buddlake, Budds Lake, Budd's Lake.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Budd Lake Census Designated Place, NJ Boundary Map



Also See: BIG Map | Driving Directions | NJ Congressional Districts
Boundary Maps: Township of Mount Olive | Morris County | New Jersey Counties

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Budd Lake, NJ Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 9,335
Population in Households 9,322
Population in Familes 7,790
Population in Group Qrtrs 13
Population Density1 1,715
Diversity Index2 56
 

HOUSEHOLDS

Total Households 3,344
Average Household Size 2.79
Family Households 2,348
Average Family Size 3

HOUSING

Total Housing Units 3,556 (100%)
Owner Occupied HU 1,899 (53.4%)
Renter Occupied HU 1,445 (40.6%)
Vacant Housing Units 212 ( 6.0%)
Median Home Value $333,439
Average Home Value $364,376
 

INCOME

Median Household Income $84,042
Average Household Income $102,650
Per Capita Income $38,348
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.64% 0.45%
Households 0.55% 0.41%
Families -0.25% 0.44%
Median Household Income   1.94%
Per Capita Income   1.42%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Budd Lake, NJ - Peer Comparisons by Rank and Percentile

The table below compares Budd Lake to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 149 73rd
Population Density1 # 357 35th
Diversity Index2 # 174 68th
Median Household Income # 213 61st
Per Capita Income # 256 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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