Budd Lake, NJ 07828 ZIP Code Profile

Related Place Profiles:
Budd Lake, NJ | Mount Olive, NJ
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ZIP Code 07828: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Budd Lake, NJ 07828

Not Acceptable, USPS
Mount Olive, NJ 07828

  • ZIP Code Type: STANDARD
  • County: Morris County
  • Centroid: Latitude 40.887, Longitude -74.752
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 318
  • PO Box Addresses: 121
  • Residential Addresses: 5,542
    • Multi-Family Addresses: 0
    • Single Family Addresses: 5,542

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 07828 2019 Demographic Data
  2. Growth Rates for 07828 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Budd Lake, NJ 07828 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Budd Lake, NJ 07828 Housing Affordability Index is 125
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Budd Lake, NJ 07828 Wealth Index is 126
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Jersey address.

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POPULATION

Total Population 14,243
Population in Households 14,231
Population in Familes 11,651
Population in Group Qrtrs 12
Population Density 943
Diversity Index1 59
 

INCOME

Median Household Income $94,274
Average Household Income $120,092
Per Capita Income $46,881
Wealth Index3 126

HOUSING

Total Housing Units 5,860 (100%)
Owner Occupied HU 2,681 (45.8%)
Renter Occupied HU 2,879 (49.1%)
Vacant Housing Units 300 ( 5.1%)
Median Home Value $333,448
Housing Affordability Index2 125
 

HOUSEHOLDS

Total Households 5,560
Average Household Size 2.56
Family Households 3,653
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.58% 0.68%
Households 0.42% 0.53%
Families 0.54% 0.68%
Median Household Income   3.12%
Per Capita Income   3.31%

Budd Lake, NJ 07828 - Peer Comparisons by Rank and Percentile

The table below compares 07828 to the other 582 ZIP Codes in New Jersey by rank and percentile using July 1, 2019 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 # 227 61st
Population Density # 387 34th
Diversity Index # 196 66th
Median Household Income # 267 54th
Per Capita Income # 240 59th

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


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