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Budd Lake, New Jersey Mortgage and Housing Information
Population: 8,100
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Budd Lake
Income
| U.S. | New Jersey | Budd Lake | |
|---|---|---|---|
| Median Earnings | $23,755 | $30,439 | $33,290 |
| Median Earnings, Males | $29,458 | $37,329 | $40,629 |
| Median Earnings, Females | $18,957 | $24,178 | $24,980 |
Males earn $15,649 (62.6%) more than Females in Budd Lake.
Commuting in Budd Lake
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 3,459 |
| Carpooled | 475 |
| Public Transit | 55 |
| Bicycle | 0 |
| Walking | 9 |
| Other Means | 26 |
| Total, Commuted | 4,024 |
| Worked from home | 82 |
| Total | 4,106 |
Time Spent Commuting in Budd Lake
Time spent commuting in Budd Lake
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 72 |
| 5-9 | 215 |
| 10-14 | 384 |
| 15-19 | 490 |
| 20-24 | 298 |
| 25-29 | 163 |
| 30-34 | 569 |
| 35-39 | 126 |
| 40-44 | 352 |
| 45-59 | 677 |
| 60-89 | 500 |
| Over 90 | 178 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 605 | 23.2% | 538 | 20.7% |
| Associate Degree | 145 | 5.6% | 278 | 10.7% |
| Bachelor's Degree | 643 | 24.7% | 534 | 20.5% |
| Master's Degree | 145 | 5.6% | 159 | 6.1% |
| Professional Degree | 9 | 0.3% | 47 | 1.8% |
| Doctorate Degree | 15 | 0.6% | 7 | 0.3% |
| Total (at least some college) | 1,562 | 60.0% | 1,563 | 58.6% |
| Total over 25 | 2,603 | 100% | 2,669 | 100% |
Housing in Budd Lake
Cost of Single-Family Houses
| Median price asked in year 2000 | $185,700 |
|---|
Value of Houses and Condos
| U.S. | New Jersey | Budd Lake | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $167,900 | $177,600 |
Monthly Owner Costs
| U.S. | New Jersey | Budd Lake | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,560 | $1,607 |
| Without a mortgage | $295 | $567 | $615 |
Tenancy in Budd Lake
| Owner-occupied homes | 1,926 |
|---|---|
| Renter-occupied homes | 925 |
| Homes for sale | 20 |
| Homes for rent | 58 |
| Total | 2,994 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Budd Lake (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 226 | 12.2% |
| First Mortgage Only | 1,217 | 65.6% |
| Second Mortgage and/or Home Equity Loan | 412 | 22.2% |
| Total | 1,855 | 100% |
Age of Budd Lake Residents
| Males | Females |
|---|---|
| 33 | 33 |
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