| ZIP Code | 07828 |
|---|---|
| City | Budd Lake |
| State | New Jersey (NJ) |
| County | Morris County |
| Area Code | 862/973 |
| Elevation | 1,020 ft |
| Latitude | 40.884959 |
|---|---|
| Longitude | -74.755657 |
| Timezone | New York (DST) |
| FIPS | 34027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg Household Size | 2.52 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 52.8% ▲ 36% above avg |
| Unemployment | 4.2% ▼ 15% below avg |
| No HS Diploma | 79 (0.8%) |
| HS Graduate | 2,492 (24.8%) |
| Some College | 965 (9.6%) |
| Associates | 1,201 (12%) |
| Bachelors | 744 (7.4%) |
| Graduate Degree | 4,559 (45.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,989 ▲ 27% above avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $433,200 ▲ 55% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,483/mo ↑ 21% since 2019 |
| Total Units | 5,970 |
| Vacant Units | 123 |
| Avg HH Size | 2.52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,970 |
|---|---|
| Vacant | 123 |
| Owner Occupied | 54.4% |
| Renter Occupied | 45.6% |
| Avg HH Size | 2.52 |
ZIP code 07828 is located in Budd Lake, New Jersey, within Morris County. With a population of 14,723, this is a lightly populated ZIP code with a relatively young community — the median age is 37.7 years. Economically, 07828 is a middle-income ZIP code: the median household income of $96,989 is above the national average.
Real estate in ZIP code 07828 represents a premium housing market. The median home value of $433,200 is significantly above the national average. Renters can expect to pay around $1,483 per month in median rent. The area has a relatively balanced mix of owners (54.4%) and renters (45.6%). Median home values have increased by 28% since 2019.
The population of 07828 is majority White (58.28%). Residents are well-educated — 52.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 6.0%. Household income has grown by 28% since 2019.
The unemployment rate in 07828 stands at 4.2%, which is near the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 07828 in Budd Lake, NJ is characterized as middle-income, well-educated, and a relatively young community. With 14,723 residents, a median household income of $96,989, and a median home value of $433,200, it offers a clear picture of life in this part of New Jersey.