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Margate, FL

Full City Profile · Florida · Broward County County

3.0 /5.0
B Good
58,418 Population 6,669/sq mi density
$60,852 Median Income $34,462 per capita
$286,200 Home Value $318,898 Zillow
$1,662 Median Rent 42.2% income on rent
76°F Avg Temperature 330 sunny days/yr
167 Violent Crime/100K 1,575 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$60,852 median income, 2.8% unemployment
A
Affordability
4.0 / 5.0
$286,200 home value, $1,662/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher

Income Overview

Median Household Income
$60,852
19% below
US avg: $75,149
Per Capita Income
$34,462
12% below
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
7.8%
37% below
US avg: 12.4%

Income Comparison: Margate vs. U.S. Average

Each bar shows Margate’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,852
81%
Per Capita
US: $39,052
$34,462
88%
IRS Avg AGI
US: $72,000
$99,240
138%
Avg Weekly Wage
US: $1,432
$1,375
96%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,375
4% below US avg ($1,432)
Mean Commute Time
29 min
6% above US avg (28 min)
Work From Home
10.1%
34% below US avg (15.2%)
Drive Alone
74.5%
2% above US avg (73.2%)
Public Transit
3.1%
37% below US avg (5.0%)
County GDP
$173,651M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.5%
Public Transit 3.1%
Work From Home 10.1%
Other 12.3%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
81,808
Restaurants
4,485
Healthcare
7,428
Retail
7,266
Manufacturing
1,413

Tax & Financial

IRS Avg Adjusted Gross Income
$99,240
38% above US avg ($72,000)
Avg Property Tax
$9,621
175% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,852
Per Capita Income$34,462
IRS Avg Adjusted Gross Income$99,240
Avg Weekly Wage$1,375
County GDP$173,651M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate7.8%
Gini Coefficient0.489
Cost of Living Index103.4

Commute

Mean Commute29 minutes
Drive Alone74.5%
Public Transit3.1%
Work From Home10.1%

Businesses

Total Establishments81,808
Restaurants4,485
Healthcare7,428
Retail7,266
Manufacturing1,413

Tax

IRS Avg AGI$99,240
Avg Property Tax$9,621