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ZipNumbers

Florida · Census place 43125

Margate city, FL

Quick answer

Margate city has 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.

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

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

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