Everything You Should Know Before Moving to Budd Lake, NJ
Considering a move to Budd Lake, NJ? With a population of just under 10,000, Budd Lake offers a welcoming small-town feel, affordable median home prices around $370,000, and average rents near $1,650. Residents enjoy a low crime rate, strong educational attainment, and scenic seasonal weather with 53% sunny days. The area features good public schools, easy access to local healthcare, and an average commute time of 37 minutes—making it a great choice for families and professionals seeking a balance of value and quality of life.
Demographics - Budd Lake, NJ
Demographics - Budd Lake, NJ
Budd Lake is home to nearly 9,800 residents, offering a comfortable community with a balanced gender ratio and a median age of 39.8. The population is predominantly White, with Asian, Black, and other ethnic groups contributing to its diversity, and about 13.5% of residents speak a language other than English. Its moderate population density provides a suburban atmosphere attractive to those seeking both space and community.
Population:
9,784
Density:
1,800 per sq mi
Median Age:
39.8
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
13.5%
Ethnic Composition
White:
77.5%
Black:
5.2%
Asian:
8.6%
Others:
8.7%
Cost Of Living
What is the average cost of living in Budd Lake, NJ?
Living in Budd Lake comes with a cost of living index slightly above the national average, reflecting moderate expenses in housing, groceries, and utilities. The median home value is around $370,000, with average rents near $1,650, making the area relatively affordable for New Jersey. State taxes and everyday costs are manageable for families and professionals alike.
Median House Value:
$370,000
Gross Rent:
$1,650
Monthly Electricity Charges:
$135
Auto Insurance:
$1,750
House Owner Cost With Mortgage:
$2,100
House Owner Cost Without Mortgage:
$670
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
119.5
Grocery:
117.0
Housing:
125.0
Utilities:
110.0
Transportation:
118.5
Health Care:
109.0
Miscellaneous:
108.0
Crime
Is Budd Lake, NJ a safe place to live?
Budd Lake enjoys a notably low crime rate, with just 105 violent crimes and 975 property crimes per 100,000 people. The chance of being involved in a violent crime is 1 in 950, making it a safe choice for residents. The community’s overall security is a strong draw for families and those seeking peace of mind.
Violent Crimes Per 100k:
105
Property Crimes Per 100k:
975
Crime Index:
1,080
Chance Of Violent Crime:
1 in 950
Chance Of Property Crime:
1 in 102
Weather
What is the weather like in Budd Lake, NJ year-round?
Residents experience all four seasons, with warm summers reaching highs in the low 80s and chilly winters dipping into the 20s. Budd Lake receives about 47 inches of rainfall annually and enjoys sunshine 53% of the year, offering a pleasant balance for those who appreciate seasonal variety. The climate supports an active, outdoor lifestyle year-round.
Winter
Min:
22°F
Max:
37°F
Spring
Min:
42°F
Max:
63°F
Summer
Min:
62°F
Max:
83°F
Fall
Min:
45°F
Max:
67°F
Average Rainfall Inches:
47.3 inches
Sunny Days Percentage:
53%
Neighbors
Budd Lake boasts a high median household income of about $110,500 and a low poverty rate under 5%, reflecting a stable and prosperous community. Most adults have at least a high school diploma, with a substantial number holding college degrees, and average commutes are just under 37 minutes. The area’s diverse, well-educated population contributes to its vibrant local culture.
Median Income:
$49,000
Household Income:
$110,500
Family Income:
$116,000
Per Capita Income:
$47,100
Income Male:
$56,000
Income Female:
$47,500
Poverty Rate:
4.8%
Non English Speakers:
13.5%
Rent:
$1,650
Unemployment Rate:
3.8%
Public Transport Usage:
4.1%
Commute Time:
36.8 minutes
Education
High School or Higher:
93.8%
Bachelors or More:
42.0%
Education
How are the schools in Budd Lake, NJ?
Budd Lake offers quality public education, with schools like Mt. Olive High School and Middle School known for favorable student-teacher ratios and diverse programs. Private and nearby higher education options, including Centenary University and County College of Morris, are easily accessible. The community’s strong educational resources support students from early learning through college readiness.
Public Schools
Name:
Mt. Olive High School
Street:
18 Corey Rd
Phone:
973-927-2208
Students:
1,350
Student Teacher Ratio:
13.5
Name:
Mt. Olive Middle School
Street:
160 Wolfe Rd
Phone:
973-691-4006
Students:
1,000
Student Teacher Ratio:
12.8
Private Schools
Name:
Mountain Top School
Street:
6 Naughright Rd
Phone:
973-584-1800
Students:
110
Colleges
Name:
Centenary University
City:
Hackettstown
State:
NJ
Distance:
9 miles
Students:
1,700
Name:
County College of Morris
City:
Randolph
State:
NJ
Distance:
15 miles
Students:
7,000
Healthcare
Budd Lake residents have convenient access to quality healthcare, with major hospitals like Hackettstown Medical Center and Saint Clare's Hospital nearby. The area supports a higher-than-average number of physicians per capita and 94% health insurance coverage, ensuring comprehensive medical services. Healthcare quality is robust, contributing to overall community well-being.
Major Hospitals
Name:
Hackettstown Medical Center
Address:
651 Willow Grove St, Hackettstown, NJ 07840
Phone:
(908) 852-5100
Type:
General & Surgical
Emergency Services:
Yes
Name:
Saint Clare's Hospital - Dover
Address:
400 West Blackwell St, Dover, NJ 07801
Phone:
(973) 989-3000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
94.0%
Health Care Index:
73.8
Housing Market
What is the housing market like in Budd Lake, NJ?
The local housing market is strong, with a median home price of $370,000 and a high owner-occupancy rate of over 75%. Home values have appreciated by 5.2% in the past year, while rental options remain available with average rents at $1,650. The area’s low foreclosure and vacancy rates indicate a healthy and stable market for both buyers and renters.
Median Home Price:
$370,000
Average Rent For 2 Bedroom:
$1,650
Owner Occupied Rate:
75.4%
Rental Vacancy Rate:
4.5%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
1.5%
Foreclosure Rate:
0.4%
DMV Information
Vehicle services in Budd Lake are managed by the New Jersey Motor Vehicle Commission, headquartered in Trenton. Residents can access driver and vehicle services both online and at convenient regional offices. The DMV provides comprehensive support for licensing, registration, and related needs.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.