What is the population of Margate city?

Margate city has 58,418 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #67 of 955 in Florida.

What is the median household income in Margate city?

Median household income in Margate city is $60,852 a year, 22.5% below the national figure of $78,538.

How much does it cost to rent or buy in Margate city?

Median gross rent is $1,662 a month and the median home value is $286,200, so rent absorbs about 32.8% of median household income.

Is Margate city affordable compared with the rest of the US?

Homes cost about 4.7× the local median income here versus roughly 3.9× nationally, so Margate city is less affordable to buy in than the typical US market, and rent takes 32.8% of median income against the 30% cost-burden line.

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Florida · Census place 43125

Margate, FL population, income and ZIP codes

Quick answer

The population of the city of Margate, Florida (Margate, FL — Census place “Margate city”) is 58,418 residents, ranking #67 of 955 places in Florida. Median household income is $60,852, the median home is worth $286,200 and median gross rent runs $1,662 a month. Looking for the Margate Florida ZIP code list? 2 ZIP codes serve Margate, FL: 33063, 33068.

Population: 58,418Margate city residents
Median household income: $60,852Past 12 months, inflation adjusted
Median home value: $286,200Owner-occupied units
Median gross rent: $1,662Rent plus utilities, monthly
Median age: 45.7 yrsAll residents
Homeownership rate: 77.1%Owner-occupied households

Margate ZIP codes (Florida)

Census ZCTAs whose delivery area overlaps Margate.

The Margate FL ZIP code list below covers 2 ZIP codes. Open any one for its population, income, housing and rent profile.

What the numbers mean in Margate city

Housing cost measured against local earnings.

A household earning the Margate city median would spend about 32.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.6% of residents and 77.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Margate city, FL in context

How this area compares with national benchmarks.

Margate city is a small city in Florida, with 58,418 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #67 of 955 ranked by population — larger than 93% of them. The median age here is 45.7 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Margate city earn a median of $60,852 a year, 22.5% below the national figure of $78,538 and 11% below the $68,617 median for the 775 Florida cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 11.6% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Margate city is valued at $286,200, 5.7% below the national figure and 6% below the $305,300 peer median, while median gross rent runs $1,662 a month, 18.2% above the national figure, or roughly $19,944 across a full year. A household on the local median income would put about 32.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 4.7×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 77.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Margate city?: Margate city has 58,418 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #67 of 955 in Florida.
What is the median household income in Margate city?: Median household income in Margate city is $60,852 a year, 22.5% below the national figure of $78,538.
How much does it cost to rent or buy in Margate city?: Median gross rent is $1,662 a month and the median home value is $286,200, so rent absorbs about 32.8% of median household income.
Is Margate city affordable compared with the rest of the US?: Homes cost about 4.7× the local median income here versus roughly 3.9× nationally, so Margate city is less affordable to buy in than the typical US market, and rent takes 32.8% of median income against the 30% cost-burden line.
How current is this Margate city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.