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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
B
Economy
3.0 / 5.0
$27,986 median income, 3.7% unemployment
C
Affordability
2.1 / 5.0
$225,400 home value, $1,127/mo rent
Housing Overview
Median Home Value
$225,400
20% below
US avg: $281,900
Median Rent
$1,127/mo
3% below
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
1,540
Ownership vs. Renting
84.2%
Owner-Occupied
15.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $225,400 |
Rent
| Census Median Rent | $1,127 |
Market
Ownership & Stock
| Owner-Occupied | 84.2% |
| Renter-Occupied | 15.8% |
| Homeownership Rate | 84.2% |
| Total Housing Units | 1,540 |