Margate, Florida Population

Margate, Florida has a population of 58,612, with a median household income of $60,214.

Current population data for Margate.

58,612

👥

Population

58,612

💰

Median Income

$60,214

📉

Unemployment

7.30%

🏠

Housing Price

$382,741

🚨

Crime Rate

48.60

🌐

Internet Speed

180.00 Mbps

Margate is a smaller urban community located in Florida. The city has a population that is above the average city population in Florida, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Margate, located in Florida, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Margate has a population of 58,612, which is higher than the state average. This indicates a relatively larger urban presence within Florida.

Income and Economy

The median household income in Margate is $60,214, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Margate is about $382,741, making it relatively affordable compared to many cities in Florida.

Employment and Safety

The unemployment rate in Margate is 7.30%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Margate are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Florida, Margate shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Florida, Margate contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Margate

What is the population of Margate?

The population of Margate is approximately 58,612.

Is Margate a good place to live?

Margate offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Margate?

The median household income in Margate is around $60,214.

How expensive is housing in Margate?

The average housing price in Margate is approximately $382,741.