The median income in Budd Lake has shown volatility over the decade. It rose from $94,186 in 2013 to a peak of $117,176 in 2021, before declining to $99,409 in 2022. This fluctuation does not directly correlate with the increasing diversity, as both variables have moved independently.

The population has remained relatively stable, growing slightly from 13,818 in 2013 to 14,221 in 2022. This suggests that the demographic shifts are likely due to changing composition of existing residents and new arrivals, rather than significant population growth or decline.

The demographic shifts in Budd Lake align with broader national trends of increasing diversity in suburban areas. Many suburbs across the United States have seen growth in Hispanic, Asian, and Black populations over the past decade, often outpacing the growth rate of the white population.

The income levels in Budd Lake remain above the national median household income, indicating that it remains an affluent area despite fluctuations. This suggests that the increasing diversity has not led to significant economic disruption, and may be partly driven by the area's economic opportunities attracting a more diverse population.

The stability of the overall population, combined with increasing diversity, mirrors trends seen in many established suburban communities nationwide. These areas often see demographic changes through generational turnover and new families moving in, rather than through rapid expansion or decline.

Budd Lake represents a microcosm of broader demographic shifts occurring across American suburbs. It is transitioning from a predominantly white, low-diversity area to a more diverse community, while maintaining its economic status. This gradual change suggests a community adapting to new demographic realities while preserving its overall character and economic strength.