In 2023, Margate, FL had a population of 58.4k people with a median age of 45.7 and a median household income of $60,852. Between 2022 and 2023 the population of Margate, FL grew from 58,396 to 58,418, a 0.0377% increase and its median household income grew from $56,324 to $60,852, a 8.04% increase.
The 5 largest ethnic groups in Margate, FL are Black or African American (Non-Hispanic) (32.9%), White (Non-Hispanic) (30%), Two+ (Hispanic) (13.4%), White (Hispanic) (8.12%), and Two+ (Non-Hispanic) (4.78%).
None of the households in Margate, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
87.9% of the residents in Margate, FL are U.S. citizens.
The largest universities in Margate, FL are Florida Career College-Margate (383 degrees awarded in 2022), Hollywood Institute (157 degrees), and Chancellor Institute (0 degrees).
In 2023, the median property value in Margate, FL was $286,200, and the homeownership rate was 77.1%.
Most people in Margate, FL drove alone to work, and the average commute time was 29.3 minutes. The average car ownership in Margate, FL was 2 cars per household.