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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
Housing Overview
Median Home Value
$180,200
36% below
US avg: $281,900
Median Rent
$901/mo
23% below
US avg: $1,163/mo
Homeownership Rate
58.1%
11% below US avg (65.4%)
Total Housing Units
2,937
Ownership vs. Renting
58.1%
Owner-Occupied
41.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $180,200 |
Rent
| Census Median Rent | $901 |
Market
Ownership & Stock
| Owner-Occupied | 58.1% |
| Renter-Occupied | 41.9% |
| Homeownership Rate | 58.1% |
| Total Housing Units | 2,937 |