Budd Lake employment information

IndexBudd LakeNew JerseyNational
Income per capita$40,343$37,538$29,829
Median household income$86,051$73,702$55,322
Median income owner occupied$114,722$97,281$70,586
Median income renter occupied$49,326$42,169$35,192
Median earnings male$59,135$47,369$36,919
Median earnings female$36,839$32,116$26,250
Unemployment rate5.0%5.2%4.7%
Poverty level6.6%10.9%15.1%
The Budd Lake, NJ employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Budd Lake is $40,343, which is 7% higher than than the New Jersey average and 35% higher than than the national average. The median household income is $86,051, which is 17% higher than than the New Jersey average and 56% higher than than the national average. The unemployment rate in Budd Lake is 5%, which is 7% higher than than the national average. The poverty rate in Budd Lake is 7% which is 56% lower than than the national average.

am i middle class

$Input your household income
$57,361$86,051$172,102
City
$49,129$73,702$147,404
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Budd Lake is 35% higher than the national average.
  • The median household income in Budd Lake is 56% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Budd Lake is 7% higher than the national average.
  • The poverty level in Budd Lake is 56% lower than the national average.

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Compare Budd Lake, NJ Employment To Other Cities

Employment status

Hours worked per week

Budd Lake median earnings by income bracket

Budd Lake employment by industry

Labour TypeMaleFemale
Construction industry7.2%0.0%
Manufacturing sector17.9%2.4%
Financial & insurance services1.8%6.2%
Wholesale & retail services21.1%8.7%
Public administration6.7%7.6%
Transportation, warehousing & utilities6.2%6.7%
Education, health & social services9.9%31.7%
Other25.3%22.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Johnsonburg, NJ84$203,375268%
Mendham, NJ5,012$138,241150%
Bernardsville, NJ7,776$136,563147%
Succasunna, NJ8,874$123,333123%
Morris Plains, NJ5,612$123,263123%
Budd Lake, NJ9,037$86,05156%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Alderwood Manor, WA9,037$71,74230%
Northwest Harborcreek, PA9,036$60,0238%
Plainedge, NY9,040$111,038101%
Andalusia, AL9,042$34,01239%
Charlotte, MI9,043$42,94722%
Budd Lake, NJ9,037$86,05156%
Source: The Budd Lake, NJ employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).