Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Budd Lake is a mid-sized city located in the state of New Jersey. The city has a population of 10,790 inhabitants. According to the most recent Census, 80% of Budd Lake residents are White, 8% Asian and 3% Black. An important consideration when living in Budd Lake is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 33 minutes, far surpassing the national average of 26 minutes.
Living in Budd Lake can be a great experience for anyone moving to the town. Having said that, in the state of New Jersey, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Budd Lake and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
The livability score in Budd Lake is 70/100 and the city is ranked in the 75th percentile of all cities across America. There are nine total categories that generate the livability score. Budd Lake ranks well for crime (A-), education (B), employment (A+) and housing (A+) On a less positive note, Budd Lake does not have favorable grades for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Parents and families often rely on school test scores when making decisions about local public schools. Test score data serves as a crucial metric for comparing and assessing various educational institutions. In Budd Lake, the average school test scores reached an impressive 66%, significantly higher than the national average. This remarkable performance underscores the commitment of the educational system to equip students with the knowledge and resources necessary for success. It allows your children to receive the support and skills that are essential for thriving academically, making Budd Lake an excellent choice for families seeking a high-quality education.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Budd Lake excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Budd Lake. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Budd Lake are affordable. Median real estate prices in Budd Lake come in at $615,925, which is 10.9% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Budd Lake, the home price to income ratio is 4.5, which is 11.8% lower than the New Jersey average.
| Statistic | Budd Lake | New Jersey | National |
| Average one way commute | 33min | 31min | 26min |
| Workers who drive to work | 82.2% | 71.7% | 76.4% |
| Workers who carpool | 7.0% | 8.1% | 9.3% |
| Workers who take public transit | 2.5% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 3.0% | 2.8% |
| Working from home | 8.1% | 4.1% | 4.6% |
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