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Margate, Australia

Full City Profile

2.3 /5.0
C Fair
7,342 Population 2/sq mi density
52 ft Elevation 16 meters
68°F Avg Temperature 20°C
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$23,221 median income, 7.0% unemployment
C
Affordability
2.3 / 5.0
$180,200 home value, $901/mo rent

Margate, Australia

At a Glance

Median Income
$23,221
69% below
$23,221 per capita
Home Value
$180,200
36% below
Median Rent
$901/mo
23% below
Unemployment
7.0%
94% above
Avg Temperature
68°F
337 sunny days/yr

Is Margate a Good Place to Live?

C
2.3 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Margate residents earn a median household income of $23,221 , which is 69% below the national average of $75,149. Per capita income is $23,221. The unemployment rate stands at 7.0% (94% above the U.S. rate of 3.6%). The area is home to 697 business establishments.

Housing & Cost of Living

The median home value in Margate is $180,200 , 36% below the national median of $281,900. Median rent is $901/month.

Climate & Weather

Margate has an average annual temperature of 68°F (20°C). Winters average 75°F in January while summers reach 60°F in July. The area gets 337 sunny days per year. Annual precipitation totals 35.4 inches.

Data Overview

People

Population7,342
Median Age46.0 yrs
Density2/mi²
Foreign Born21.4%

Economy

C
Median Income$23,221
Per Capita$23,221
Unemployment7.0%
Poverty
Avg Weekly Wage$447

Housing

C
Home Value$180,200
Rent$901
Ownership58.1%
Housing Units2,937

Climate

Avg Temp68°F
Sunny Days337/yr
Rain35.4 in/yr
Elevation52 ft

Did You Know?

21.4% of residents are foreign-born.