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.
Located in the state of New Jersey, Budd Lake is a moderately-sized city with a population of 10,444 residents. If we look at the most recent Census, Budd Lake is known to have a predominantly White population. The next two most common races are Asian and 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.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Budd Lake, New Jersey. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, crime, education, housing, you can easily compare the best places to live in Budd Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Budd Lake to New Jersey and the national average.
With a livability score of 69 out of 100, Budd Lake is ranked #7,192 in the United States and #259 in New Jersey. If we explore each of the categories individually, we see that Budd Lake ranks well for crime (A), education (B), employment (A+) and housing (A+). Regrettably for Budd Lake, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Budd Lake, the schools boast an impressive average test score of 66%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Budd Lake is actually affordable. The median home price for Budd Lake homes is $348,700, which is 10.2% higher than the New Jersey average. If we take a closer look at the affordability of homes in Budd Lake, we’ll see that the home price to income ratio is 3.8, which is 11.6% 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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