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ZipNumbers

New Jersey · Census place 43890

Margate City city, NJ

Quick answer

Margate City city has 5,260 residents, ranking #284 of 700 places in New Jersey. Median household income is $114,417, the median home is worth $645,200 and median gross rent runs $1,368 a month.

Population
5,260Margate City city residents
Median household income
$114,417Past 12 months, inflation adjusted
Median home value
$645,200Owner-occupied units
Median gross rent
$1,368Rent plus utilities, monthly
Median age
57.9 yrsAll residents
Homeownership rate
89.8%Owner-occupied households

What the numbers mean in Margate City city

Housing cost measured against local earnings.

A household earning the Margate City city median would spend about 14.3% 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 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.2% of residents and 89.8% 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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