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Margate City city, New Jersey Demographics & Population 2026

As of 2026, Margate City city, New Jersey has a total population of 5,260, the 284th largest city in New Jersey, with a median household income of $114,417, which is 13% higher than the state average. The poverty rate is 6.2%.

Margate City city Quick Facts

Population 5,260
Median Household Income $114,417
Median Home Value $645,200
Poverty Rate 6.2%
Unemployment Rate 3.2%
Median Age 57.9 years
Homeownership Rate 89.8%
Affordability Ratio 5.6x
Bachelor's Degree or Higher 60.1%
High School Graduation Rate 96.5%
Diversity Index 11/100
Population 5,260 284th of 700
Median Income $114,417 average
Poverty Rate 6.2% 50% lower national
Median Home Value $645,200 top 20%

How Margate City city Compares

Economy & Housing

Employment

3.2% Unemployment Rate State: 6.2% | National: 5.2%
56.6% Labor Force Participation

Housing Overview

Owner 89.8%
Renter 10.3%
Affordability Index Expensive
5.6x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 60

Education

Margate City city Rankings in New Jersey

#284 Population of 700
#275 Median Income of 700
#164 Education of 700
#122 Home Value of 700

Other Cities in Atlantic County

CityPopulationMedian IncomePovertyHome Value
Atlantic City city 38,486 $36,220 33.9% $189,600
Pleasantville city 20,604 $52,403 23.3% $177,700
Hammonton town 14,746 $83,044 11.2% $324,200
Somers Point city 10,461 $68,542 11.2% $277,500
Ventnor City city 9,220 $74,619 10.3% $345,300
Absecon city 9,099 $77,516 8.7% $237,600
Northfield city 8,427 $104,042 4.4% $275,900
Brigantine city 7,702 $88,906 9.4% $485,000
Linwood city 6,954 $135,904 2.9% $351,100
Buena borough 4,500 $78,393 6.0% $249,100

Cities Similar to Margate City city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Beach Haven West CDP5,164$116,949$577,50047.5%3.4%
Beckett CDP5,072$119,063$279,30046.4%6.7%
Bargaintown CDP5,231$127,734$307,10045.1%5.9%
Ledgewood CDP5,150$125,000$454,10062.5%2.9%
Jamesburg borough5,763$117,719$344,90032.0%4.2%

Population Overview

Margate City city is a small city located in New Jersey, within Atlantic County. The total population is 5,260. It ranks as the 284th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Margate City city is 57.9 years. This is 44% higher than the state median of 40.1 years. Only 14.3% of residents are under 18, indicating fewer families with children. 16.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Margate City city is $114,417. This is 13% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 46% higher. The poverty rate stands at 6.2%. This is 37% lower than the state poverty rate of 9.8%. The unemployment rate is 3.2%. This is 48% lower than the state rate of 6.2%. The median home value is $645,200. Housing costs are 51% higher than the state median of $427,600. The home-value-to-income ratio is 5.6x. 89.8% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 63.7%.

Race & Ethnicity

Margate City city has a predominantly White (non-Hispanic) population, comprising 94.5% of all residents. Asian residents account for 2.3%. The White (non-Hispanic) population is significantly higher than the state average (94.5% vs 51.9%). The Black or African American population (0.1%) is well below the state average of 12.3%. The Hispanic or Latino population (1.9%) is well below the state average of 21.9%. The Asian population (2.3%) is well below the state average of 9.8%.

Education

60.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%. Notably, 30.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Margate City city, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Margate City city, New Jersey?

Margate City city, New Jersey has a population of 5,260 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Margate City city, NJ?

The median household income in Margate City city is $114,417, which is 46% higher the national median of $78,538.

What is the poverty rate in Margate City city, NJ?

The poverty rate in Margate City city is 6.2%. This means approximately 325 residents live below the federal poverty line.

What is the racial makeup of Margate City city, New Jersey?

Margate City city's population is 94.5% White, 0.1% Black, 1.9% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Margate City city, NJ?

The median home value in Margate City city is $645,200. The home-value-to-income ratio is 5.6x.

How educated is Margate City city, New Jersey?

60.1% of adults (25+) in Margate City city hold a bachelor's degree or higher, and 30.5% hold a graduate or professional degree.