Margate

About Margate, Florida

Margate, a city located in the state of Florida (FL), is home to a population of approximately 58,396 people. Margate boasts a median age of 46.8, with around 32.7% of its residents aged 60 or above. 5.1% of the population identifies as US Veterans. 14.6% of Margate residents are disabled. The city has an average household income of $56,324, while the unemployment rate stands at 4.2%, and around 12.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Margate is $238,926, with a monthly rent averaging $1,513.