At a Glance
Median Income
$114,417
$85,429 per capita
Home Value
$645,200
Zillow: $1,138,701
Median Rent
$1,368/mo
26.2% of income on rent
Bachelor's Degree+
60.1%
96.5% high school+
Unemployment
3.2%
3.6% poverty rate
Obesity Rate
26.2%
9.1% smoking rate
How Margate City Compares to the U.S. Average
Each bar shows Margate City's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Margate City a Good Place to Live?
A
4.4 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Margate City residents earn a median household income of $114,417 , which is 52% above the national average of $75,149.
Per capita income is $85,429. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 3.6% of residents live below the poverty line. The area is home to 7,268 business establishments, including 830 restaurants.
Housing & Cost of Living
The median home value in Margate City is $645,200 , 129% above the national median of $281,900.
Zillow estimates the typical home at $1,138,701. Median rent is $1,368/month, with 26.2% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1966.
Education
60.1% of adults in Margate City hold a bachelor's degree or higher
(78% above the national average).
96.5% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Margate City has an average annual temperature of 57°F (14°C).
Winters average 37°F in January while summers reach 78°F in July. Annual precipitation totals 43.6 inches. Air quality is rated Good with a median AQI of 35.
Data Overview
People
Population5,260
Median Age57.9 yrs
Density3,704/mi²
Male / Female45% / 55%
Foreign Born5.5%
Veterans4.5%
Economy
A+
Median Income$114,417
Per Capita$85,429
Unemployment3.2%
Poverty3.6%
County GDP$19,423M
Avg Weekly Wage$1,139
Housing
B
Home Value$645,200
Rent$1,368
Ownership89.8%
Zillow$1,138,701
Housing Units6,846
Rent Burden26.2%
Health
Obesity26.2%
Diabetes6.8%
Smoking9.1%
Heart Disease4.2%
Premature Death10,072/100K
Climate
Avg Temp57°F
Rain43.6 in/yr
AQI35 (Good)
Elevation6 ft
Education
A+
Bachelor's+60.1%
High School+96.5%
Graduate+30.7%
School Score5.6/10
Community
2024 VoteR 51% / D 48%
Commute30 min
Broadband94.4%
Internet Speed111 Mbps
EV Stations4
Libraries15
Did You Know?
Margate City was founded in 1885.
The median home in Margate City was built in 1966.
17.1% work from home.
The nearest airport is Atlantic City International (10 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
9.4% of the population has a disability.
Average internet download speed is 111 Mbps.
There are 830 restaurants in the area.
The county recorded 34 fatal vehicle crashes.