Budd Lake vs Elizabeth
| Budd Lake | Elizabeth | |
|---|---|---|
| Population | 9,983 | 135,665 |
| Median Household Income | $114,154 | $66,555 |
| Median Home Value | $456,100 | $449,300 |
| Median Gross Rent | $1,402/mo | $1,523/mo |
| Homeownership Rate | 74.8% | 25.6% |
| Unemployment Rate | 6.4% | 7.7% |
| Bachelor's Degree or Higher | 45.3% | 14.6% |
| Median Age | 36.9 | 35.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.