Budd Lake vs Oak Ridge

A side-by-side comparison of Budd Lake and Oak Ridge: population, income, housing, and more.

Budd Lake and Oak Ridge are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Oak Ridge has the higher population (10,860 vs 10,106 in Budd Lake). Oak Ridge has the higher median household income ($118,718 vs $113,036 in Budd Lake). Budd Lake has the higher median home value ($437,200 vs $417,300 in Oak Ridge).

Population, income & housing

	Budd Lake	Oak Ridge
Population	10,106	10,860
Median age	36.9 yrs	45.8 yrs
Median household income	$113,036	$118,718
Median home value	$437,200	$417,300
Median gross rent	$1,326	$1,320
Housing units	3,652	4,349
Homeownership rate	73.9%	89.1%
Bachelor's degree or higher	47.9%	43.2%
Unemployment rate	5.8%	5.3%

Trends (ACS 5-year, 2019–2023)

	Budd Lake	Oak Ridge
Population	9,743 → 10,106 (+3.7%)	11,639 → 10,860 (-6.7%)
Median household income	$90,956 → $113,036 (+24.3%)	$120,554 → $118,718 (-1.5%)
Median home value	$340,300 → $437,200 (+28.5%)	$360,100 → $417,300 (+15.9%)
Median gross rent	$1,216 → $1,326 (+9.0%)	$1,175 → $1,320 (+12.3%)

Budd Lake

Population

9,74310,106

Median household income

$90,956$113,036

Median home value

$340,300$437,200

Median gross rent

$1,216$1,326

Oak Ridge

Population

11,63910,860

Median household income

$120,554$118,718

Median home value

$360,100$417,300

Median gross rent

$1,175$1,320

Age & race/ethnicity

Age distribution (share)

	Budd Lake	Oak Ridge
Under 5	6.5%	3.4%
5 to 17	21.0%	16.5%
18 to 24	4.6%	7.3%
25 to 34	15.8%	9.6%
35 to 44	16.2%	11.6%
45 to 54	12.0%	16.5%
55 to 64	12.6%	18.0%
65 to 74	9.3%	10.6%
75 and over	2.1%	6.5%

Race & ethnicity (share)

	Budd Lake	Oak Ridge
White (non-Hispanic)	55.9%	80.7%
Black or African American	8.6%	2.6%
American Indian & Alaska Native	0.0%	0.0%
Asian	6.6%	1.5%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.5%	0.3%
Two or more races	3.3%	4.2%
Hispanic or Latino	25.1%	10.7%

Educational attainment (age 25+)

Share of adults 25+

	Budd Lake	Oak Ridge
No high school diploma	5.6%	4.7%
High school graduate	27.4%	27.1%
Some college or associate's	19.2%	25.1%
Bachelor's degree	27.4%	27.8%
Graduate or professional degree	20.5%	15.3%

Commute to work

How workers get to work (share)

	Budd Lake	Oak Ridge
Drove alone	74.5%	78.3%
Carpooled	5.9%	8.9%
Public transit	0.7%	1.7%
Walked	0.0%	1.4%
Bicycle	0.0%	0.0%
Worked from home	18.4%	9.8%
Other means	0.5%	0.0%

Housing

Units in structure (share)

	Budd Lake	Oak Ridge
1-unit, detached	70.8%	83.7%
1-unit, attached	5.3%	8.4%
2 to 4 units	7.7%	2.0%
5 to 19 units	13.7%	0.9%
20 or more units	2.4%	4.7%
Mobile home & other	0.0%	0.3%

Poverty & households

	Budd Lake	Oak Ridge
Poverty rate	5.7%	6.7%
Average household size	2.79	2.54
Mean commute (minutes)	32	41
Median year structure built	1974	1980