Signals
Budd Lake
Paterson
Opportunity
76 · Top 13%
vs39 · Bottom 16%
Climate
62 · Bottom 23%
vs65 · Bottom 35%
Physical resilience
57 · Bottom 49%
vs36 · Bottom 28%
Housing affordability
89 · Top 34%
vs36 · Bottom 3%
Schools
80 · Top 13%
vs24 · Bottom 16%
Access
85 · Bottom 29%
vs95 · Top 37%
Economic stability
86 · Top 1%
vs48 · Bottom 28%
Measured values
| Metric | Budd Lake | Paterson | Source period |
|---|---|---|---|
| Population | 10,650 | 158,735 | 2024 ACS 5-Year |
| Median household income | $114,154 | $55,997 | 2024 ACS 5-Year |
| Per capita income | $51,420 | $24,403 | 2024 ACS 5-Year |
| Population density | 1,956/sq mi | 18,868/sq mi | 2024 ACS 5-Year |
| Median home value | $456,100 | $360,100 | 2024 ACS 5-Year |
| Median gross rent | $1,402 | $1,548 | 2024 ACS 5-Year |
| Homeownership rate | 74.8% | 26.9% | 2024 ACS 5-Year |
| Unemployment rate | 3.8% | 6.9% | June 2026 |
| Employment change (year over year) | 0.9% | 1.6% | June 2026 |
| Bachelor's degree or higher | 45.3% | 11.8% | 2024 ACS 5-Year |
| Poverty rate | 4.6% | 21.2% | 2024 ACS 5-Year |
| Average July high | 84°F | 85°F | 1991-2020 Normals |
| Average January low | 19°F | 23°F | 1991-2020 Normals |
| Annual precipitation | 48.8" | 44.9" | 1991-2020 Normals |
| Distance to major airport | 32 mi | 15 mi | NASR current cycle |
| Average commute | 33.1 min | 24.5 min | 2024 ACS 5-Year |
| Median age | 36.9 | 33.3 | 2024 ACS 5-Year |
| Public schools | 3 | 49 | 2024-25 school year |
| Students per teacher | 10.33 | 13.17 | 2024-25 school year |
| Math proficiency | 36.9% | 7.3% | 2019-20 school year |
| Reading proficiency | 57.4% | 26.6% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 22.5% | 72.8% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
Budd Lake
Elevated or high exposure: inland flooding, earthquake.
Paterson
Elevated or high exposure: inland flooding, earthquake.
Full profiles: Budd Lake, NJ · Paterson, NJ · How this is calculated: methodology