Margate, Australia

Full City Profile

2.6 /5.0

C+ Fair

3,849 Population 7/sq mi density

138 ft Elevation 42 meters

57°F Avg Temperature 14°C

C+

Overall

2.6 / 5.0

Fair overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$27,986 median income, 3.7% unemployment

Affordability

2.1 / 5.0

$225,400 home value, $1,127/mo rent

Margate, Australia

At a Glance

Median Income

$27,986

63% below

$27,986 per capita

Home Value

$225,400

20% below

Median Rent

$1,127/mo

3% below

Unemployment

3.7%

3% above

Avg Temperature

57°F

302 sunny days/yr

Is Margate a Good Place to Live?

C+

2.6 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Margate residents earn a median household income of $27,986 , which is 63% below the national average of $75,149. Per capita income is $27,986. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 366 business establishments.

Housing & Cost of Living

The median home value in Margate is $225,400 , 20% below the national median of $281,900. Median rent is $1,127/month.

Climate & Weather

Margate has an average annual temperature of 57°F (14°C). Winters average 63°F in January while summers reach 53°F in July. The area gets 302 sunny days per year. Annual precipitation totals 20.4 inches.

Data Overview

People

Population3,849

Median Age37.0 yrs

Density7/mi²

Foreign Born14.2%

Economy

Median Income$27,986

Per Capita$27,986

Unemployment3.7%

Poverty

Avg Weekly Wage$538

Housing

Home Value$225,400

Rent$1,127

Ownership84.2%

Housing Units1,540

Climate

Avg Temp57°F

Sunny Days302/yr

Rain20.4 in/yr

Elevation138 ft

Did You Know?

14.2% of residents are foreign-born.