Margate, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Margate, Florida had a total population of 59,198, the 66th largest city in Florida, with a median household income of $62,450, which is 16% lower than the state average. The poverty rate is 12.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- One of the most racially diverse communities in Florida (diversity index: 73/100).
Margate Quick Facts
How Margate Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 58,418 | 59,198 | +1.3% |
| Median household income | $60,852 | $62,450 | +2.6% |
| Median home value | $286,200 | $316,200 | +10.5% |
How Margate Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Margate Rankings in Florida
Explore Florida Rankings
Other Cities in Broward County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Fort Lauderdale | 185,604 | $83,130 | 15.0% | $486,700 |
| Pembroke Pines | 173,194 | $85,104 | 10.0% | $439,500 |
| Hollywood | 155,082 | $67,203 | 14.7% | $410,600 |
| Miramar | 138,600 | $89,125 | 8.5% | $462,700 |
| Coral Springs | 136,103 | $93,602 | 7.6% | $545,400 |
| Pompano Beach | 114,147 | $67,195 | 15.2% | $349,300 |
| Davie | 108,346 | $87,250 | 11.2% | $462,900 |
| Sunrise | 97,918 | $77,652 | 10.7% | $354,500 |
| Plantation | 96,293 | $92,541 | 10.0% | $483,500 |
| Deerfield Beach | 88,093 | $59,730 | 15.1% | $309,600 |
Cities Similar to Margate
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bradenton | 57,014 | $60,822 | $309,400 | 28.3% | 14.8% |
| North Miami | 60,344 | $57,188 | $365,000 | 25.1% | 18.9% |
| Fountainebleau | 55,665 | $64,908 | $320,200 | 35.6% | 12.7% |
| Winter Haven | 55,200 | $59,648 | $269,800 | 22.0% | 16.4% |
| Coconut Creek | 58,330 | $75,014 | $309,600 | 38.9% | 11.0% |
Population Overview
Margate is a mid-sized community located in Florida, within Broward County. The total population is 59,198. It ranks as the 66th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Margate is 45.0 years. This is 6% higher than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Margate is $62,450. This is 16% lower than the state median of $74,568. It is also 23% lower than the national median of $80,734. The poverty rate stands at 12.1%. This is 4% lower than the state poverty rate of 12.6%. The unemployment rate is 4.1%. This is 16% lower than the state rate of 4.8%. The median home value is $316,200. Housing costs are 12% lower than the state median of $359,000. The home-value-to-income ratio is 5.1x. 77.2% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.6%.
Race & Ethnicity
Margate is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 29.2%. The Black or African American population is significantly higher than the state average (33.2% vs 14.6%).
Education
24.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.0%.
Data Sources & Methodology
All demographic data for Margate, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Margate, Florida?
Margate, Florida has a population of 59,198 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Margate, FL?
The median household income in Margate is $62,450, which is 23% lower than the national median of $80,734.
What is the poverty rate in Margate, FL?
The poverty rate in Margate is 12.1%. This means approximately 7,112 residents live below the federal poverty line.
What is the racial makeup of Margate, Florida?
Margate's population is 29.2% White, 33.2% Black, 26.7% Hispanic/Latino, and 3.2% Asian.
What is the median home value in Margate, FL?
The median home value in Margate is $316,200. The home-value-to-income ratio is 5.1x.
How educated is Margate, Florida?
24.7% of adults (25+) in Margate hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.