Margate City, NJ
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Margate City, NJ: Quick Facts & Overview
- Population: 5,234 residents (1,427 people per sq. mi.)
- Average House Price: $724,396
- Average Household Income: $121,800
Margate City, NJ is located in the state of New Jersey. It is home to about 5,234 people, with around 1,427 residents living in every square mile.
If you want to buy a house in Margate City, the average price is around $724,396. That makes local housing 39% higher than the New Jersey average of $522,239, and 135% higher than the national average of $308,592.
The average household in Margate City earns about $121,800 a year. This income is 0% higher than the average family in New Jersey ($122,052), and 55% higher than the national average ($78,686).
Population
5,234
Median Household Income
$121,800
Median Home Value
$724,396
Median Age
57.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $65,078 |
| Labor Force Participation | 58.4% |
| Unemployment Rate | 4.1% |
| Average Commute Time | 28.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 90.0% |
| Median Rent | $1,347 |
| Rent Burdened (>30% Income) | 25.8% |
| Total Housing Units | 2,570 |
Additional Census & Housing Profile
Geographic Overview
| County | Atlantic |
| County FIPS | 34001 |
| Metro Area (CBSA) | Atlantic City-Hammonton, NJ |
| Combined Area (CSA) | Philadelphia-Reading-Camden, PA-NJ-DE-MD |
| Population Density | 1,427.1/sq mi |
| Coordinates (lat/lng) | 39.3307, -74.5070 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.53 |
| Dual Income Families | 51.7% |
Marital Status
| Married | 55.6% |
| Never Married | 23.5% |
| Divorced | 13.6% |
| Widowed | 7.4% |
Gender
| Male | 44.3% |
| Female | 55.7% |
Health & Poverty
| Uninsured Rate (Health) | 1.6% |
| Poverty Rate | 6.3% |
Key Population Groups
| Veterans | 3.5% |
| Disabled Population | 10.5% |
| Limited English Proficiency | 3.2% |
All ZIP Codes in Margate City
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 08402 | 5,234 | $121,800 | $724,396 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Ventnor City, NJ | 1.5 miles | 9,265 |
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| East Vineland, NJ | 24.2 miles | 1,429 |
| Middle, NJ | 24.4 miles | 20,277 |
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