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
Compare with nearby places
Places of similar size in New Jersey.
- Clementon borough 5,351
- Englewood Cliffs borough 5,330
- Salem city 5,315
- Bargaintown CDP 5,231
- Troy Hills CDP 5,183
- Beach Haven West CDP 5,164
- Ledgewood CDP 5,150
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