Margate, FL
Full City Profile · Florida · Broward County County
3.6
/5.0
B+
Good
58,418
Population
6,669/sq mi density
$60,852
Median Income
$34,462 per capita
$286,200
Home Value
$322,169 Zillow
$1,662
Median Rent
42.2% income on rent
77°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,852 median income, 4.3% unemployment
A
Affordability
4.0 / 5.0
$286,200 home value, $1,662/mo rent
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
4.3%
19% above
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%
38% 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 Rate | 4.3% |
| Poverty Rate | 7.8% |
| Gini Coefficient | 0.489 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 74.5% |
| Public Transit | 3.1% |
| Work From Home | 10.1% |
Businesses
| Total Establishments | 81,808 |
| Restaurants | 4,485 |
| Healthcare | 7,428 |
| Retail | 7,266 |
| Manufacturing | 1,413 |
Tax
| IRS Avg AGI | $99,240 |
| Avg Property Tax | $9,621 |