Margate City, NJ
Full City Profile · New Jersey · Atlantic County County
3.6
/5.0
B+
Good
5,260
Population
3,704/sq mi density
$114,417
Median Income
$85,429 per capita
$645,200
Home Value
$1,090,234 Zillow
$1,368
Median Rent
26.2% income on rent
57°F
Avg Temperature
297 sunny days/yr
101
Violent Crime/100K
2,368 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$114,417 median income, 1.8% unemployment
B
Affordability
3.5 / 5.0
$645,200 home value, $1,368/mo rent
F
Safety
1.0 / 5.0
101 violent crimes/100K
A+
Education
5.0 / 5.0
60.1% bachelor's degree or higher
Housing Overview
Median Home Value
$645,200
129% above
US avg: $281,900
Median Rent
$1,368/mo
18% above
US avg: $1,163/mo
Homeownership Rate
89.8%
37% above US avg (65.4%)
Total Housing Units
6,846
Median year built: 1966
Home Value by Source
Census Median
$645,200
Zillow (ZHVI)
$1,090,234
Median Sale Price
$1,350,000
Median List Price
$1,250,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.8%
Owner-Occupied
10.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,368/mo
· Zillow rent:
$22,833/mo
Market Indicators (Redfin)
Median Days on Market
62 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
6.7%
of listings with price reduction
Price Per Sq Ft
$695
Active Inventory
89
homes for sale
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
89.8%
Complete Housing Data
Home Values
| Census Median Value | $645,200 |
| Zillow Home Value (ZHVI) | $1,090,234 |
| Median Sale Price | $1,350,000 |
| Median List Price | $1,250,000 |
| Price Per Sq Ft | $695 |
Rent
| Census Median Rent | $1,368 |
| Zillow Rent (ZORI) | $22,833 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 62 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 6.7% |
| Homes Sold | 5 |
| Active Inventory | 89 |
| Price Per Sq Ft | $695 |
Ownership & Stock
| Owner-Occupied | 89.8% |
| Renter-Occupied | 10.2% |
| Homeownership Rate | 89.8% |
| Total Housing Units | 6,846 |
| Median Year Built | 1966 |
| Rent Burden | 26.2% |
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