Margate city, Florida Demographics & Population 2026
As of 2026, Margate city, Florida has a total population of 58,418, the 67th largest city in Florida, with a median household income of $60,852, which is 15% lower than the state average. The poverty rate is 11.6%.
Key Takeaways
- One of the most racially diverse communities in Florida (diversity index: 72/100).
Margate city Quick Facts
How Margate city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
This community is exceptionally diverse, with no single racial or ethnic group dominating the population.
State average: 64 | National average: 60
Education
Educational Attainment (Adults 25+)
Margate city Rankings in Florida
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Cities Similar to Margate city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bradenton city | 56,289 | $60,964 | $282,500 | 27.7% | 14.2% |
| Fountainebleau CDP | 56,453 | $65,568 | $284,600 | 34.6% | 12.3% |
| Sanford city | 62,292 | $62,877 | $272,900 | 26.8% | 13.5% |
| North Miami city | 59,429 | $51,909 | $326,300 | 22.1% | 19.1% |
| Pinellas Park city | 53,423 | $62,043 | $251,900 | 25.1% | 13.5% |
Population Overview
Margate city is a mid-sized community located in Florida. The total population is 58,418. It ranks as the 67th most populous out of 953 cities and towns in Florida.
Age Demographics
The median age in Margate city is 45.7 years. This is 7% higher than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Margate city is $60,852. This is 15% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 11.6%. This is 8% lower than the state poverty rate of 12.6%. The unemployment rate is 4.3%. This is 10% lower than the state rate of 4.8%. The median home value is $286,200. Housing costs are 12% lower than the state median of $325,000. The home-value-to-income ratio is 4.7x. 77.1% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.3%.
Race & Ethnicity
Margate city is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 30.0%. The Black or African American population is significantly higher than the state average (32.9% vs 14.8%).
Education
25.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.7%.
Data Sources & Methodology
All demographic data for Margate city, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Margate city, Florida?
Margate city, Florida has a population of 58,418 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Margate city, FL?
The median household income in Margate city is $60,852, which is 23% lower the national median of $78,538.
What is the poverty rate in Margate city, FL?
The poverty rate in Margate city is 11.6%. This means approximately 6,772 residents live below the federal poverty line.
What is the racial makeup of Margate city, Florida?
Margate city's population is 30.0% White, 32.9% Black, 26.6% Hispanic/Latino, and 4.0% Asian.
What is the median home value in Margate city, FL?
The median home value in Margate city is $286,200. The home-value-to-income ratio is 4.7x.
How educated is Margate city, Florida?
25.0% of adults (25+) in Margate city hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.