Download
Share
Contents
Save
The total population of Margate is estimated to be 58,396 with 27,461 males (47.03%) and 30,935 females (52.97%). There are 3,474 more females than males in Margate.
The median household income in Margate was $57,160 in 2021, which marked an an increase of 4,514(8.57%) from $52,646 in 2020. This income is 76.62% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Margate sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,691. Overall, the median household income for the city of Margate stands at $57,160.
In Margate, the median income for all workers aged 15 years and older, regardless of work hours, was $36,815 for males and $27,816 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,270 for males and $47,077 for females.
In Margate, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $88,500, while Asian households represent the opposite end with the lowest median household income of $45,826.
In 2022, the population of Margate was 58,209, a 0.14% increase year-by-year from 2021. Previously, in 2021, Margate's population was 58,127, a decline of 0.81% compared to a population of 58,599 in 2020.
The median age in Margate, FL is 46.6, as per 2021 ACS 5-Year Estimates. Of the total population, 13.70% were under the age of 15, 15.87% aged 15 to 29, 47.11% aged 30 to 64, 20.96% aged 65 to 84, and 2.37% were 85 years of age and older.
Racial distribution of Margate population: 48.11% are White, 32.94% are Black or African American, 3.40% are Asian, 3.94% are some other race and 11.61% are multiracial.