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Margate, FL&

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Population
55,678
1.36% growth
Median Age
43.6
Median Household Income
$42,786
0.44% growth
Poverty Rate
13.2%
Number of Employees
26,845
1.81% growth
Median Property Value
$124,300
4.81% growth

About the photo: Hillsboro Inlet Lighthouse, Hillsboro Beach

Economy

The economy of Margate, FL employs 26,845 people. The economy of Margate, FL is specialized in Management of Companies & Enterprises; Admin., Support, Waste Management Services; and Arts, Entertainment, Recreation, which employ respectively 4.01; 2.05; and 1.65 times more people than what would be expected in a location of this size. The largest industries in Margate, FL are Healthcare & Social Assistance (4,211), Retail trade (3,618), and Accommodation & Food Service (2,506), and the highest paying industries are Transportation & Warehousing ($47,099), Utilities ($43,750), and Finance & Insurance ($41,205).

Median household income in Margate, FL is $42,786. Males in Margate, FL have an average income that is 1.32 times higher than the average income of females, which is $40,243. The income inequality of Margate, FL (measured using the Gini index) is 0.427 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Margate, FL. In Broward County, FL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 72 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,852. Duval County, FL has the highest prevalence of homicides of any county in Florida.

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Showing data across all counties in Florida.

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Diversity

Margate, FL is home to a population of 55,678 people, from which 86% are citizens. The ethnic composition of the population of Margate, FL is composed of 24,385 White residents (43.8%), 14,237 Black residents (25.6%), 12,806 Hispanic residents (23%), 2,587 Asian residents (4.65%), and 1,012 Two+ residents (1.82%). The most common foreign languages in Margate, FL are Spanish (11,339 speakers), French Creole (3,687 speakers), and French (882 speakers), but compared to other places, Margate, FL has a relative high number of French Creole (3,687 speakers), Other West Germanic (142 speakers), and French (882 speakers).

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Education

In 2015 universities in Margate, FL awarded 226 degrees. The student population of Margate, FL is skewed towards females, with 83 male students and 143 female students. Most students in Margate, FL are Black or African American (136 and 60.2%), followed by Hispanic or Latino (35 and 15.5%), White (29 and 12.8%), and Unknown (23 and 10.2%). The largest universities in Margate, FL by number of graduates are Florida Career College-Margate (226 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Margate, FL are Medical Assistant (47 and 20.8%), HVAC & Refrigeration Engineering Technology (37 and 16.4%), and Medical Insurance Specialist (30 and 13.3%). The median tuition costs in Margate, FL are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Margate, FL is $124,300, which is 0.64 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $118,600 to $124,300, a 4.81% increase. The homeownership rate of Margate, FL is 75.6%, which is higher than the national average of 63.9%. People in Margate, FL have an average commute time of 28.9 minutes, and they commute by Drove Alone. Car ownership in Margate, FL is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Florida
state
Broward County, FL
county
Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
metropolitan statistical area
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