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.

Median price asked in year 2000	$185,700

A comparison of the average prices of homes in Budd Lake, New Jersey and the U.S.
	U.S.	New Jersey	Budd Lake
Median home value in year 2000	$111,800	$167,900	$177,600

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Jersey	Budd Lake
With a mortgage	$1,088	$1,560	$1,607
Without a mortgage	$295	$567	$615

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%

Median age for males and females (2000).
Males	33
Females	33

Males earn $15,649 (62.6%) more than Females in Budd Lake.

Level of higher education for people over 25 years in Budd Lake (2000).
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%

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