At a Glance
Median Income
$60,852
$34,462 per capita
Home Value
$286,200
Zillow: $322,169
Median Rent
$1,662/mo
42.2% of income on rent
Bachelor's Degree+
25.0%
87.7% high school+
Unemployment
4.3%
7.8% poverty rate
Obesity Rate
31.1%
13.3% smoking rate
How Margate Compares to the U.S. Average
Each bar shows Margate's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Margate a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Margate residents earn a median household income of $60,852 , which is 19% below the national average of $75,149.
Per capita income is $34,462. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 7.8% of residents live below the poverty line. The area is home to 81,808 business establishments, including 4,485 restaurants.
Housing & Cost of Living
The median home value in Margate is $286,200 , 2% above the national median of $281,900.
Zillow estimates the typical home at $322,169. Median rent is $1,662/month, with 42.2% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1978.
Education
25.0% of adults in Margate hold a bachelor's degree or higher
(26% below the national average).
87.7% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Margate has an average annual temperature of 77°F (25°C).
Winters average 68°F in January while summers reach 84°F in July. Annual precipitation totals 56.5 inches.
Data Overview
People
Population58,418
Median Age45.7 yrs
Density6,669/mi²
Male / Female47% / 53%
Foreign Born39.2%
Veterans4.8%
Economy
B+
Median Income$60,852
Per Capita$34,462
Unemployment4.3%
Poverty7.8%
County GDP$173,651M
Avg Weekly Wage$1,375
Housing
A
Home Value$286,200
Rent$1,662
Ownership77.1%
Zillow$322,169
Housing Units27,911
Rent Burden42.2%
Health
Obesity31.1%
Diabetes11.8%
Smoking13.3%
Heart Disease5.6%
Premature Death7,598/100K
Climate
Avg Temp77°F
Rain56.5 in/yr
Elevation20 ft
Education
B
Bachelor's+25.0%
High School+87.7%
Graduate+7.9%
School Score5.9/10
Community
2024 VoteR 41% / D 58%
Commute29 min
Broadband90.6%
Internet Speed168 Mbps
EV Stations19
Libraries43
Did You Know?
The median home in Margate was built in 1978.
The nearest airport is Fort Lauderdale/Hollywood International (13 miles).
The Gini coefficient (income inequality) is 0.489 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.3% of the population has a disability.
39.2% of residents are foreign-born.
Average internet download speed is 168 Mbps.
There are 4,485 restaurants in the area.
The county recorded 276 fatal vehicle crashes.