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Margate City, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Margate City, New Jersey had a total population of 5,234, the 286th largest city in New Jersey, with a median household income of $121,800, which is 18% higher than the state average. The poverty rate is 6.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Margate City Quick Facts

Population 5,234
Median Household Income $121,800
Median Home Value $708,800
Poverty Rate 6.3%
Unemployment Rate 4.1%
Median Age 57.5 years
Homeownership Rate 90.0%
Affordability Ratio 5.8x
Bachelor's Degree or Higher 57.7%
High School Graduation Rate 95.9%
Diversity Index 15/100
Population 5,234 286th of 700
Median Income $121,800 above average
Poverty Rate 6.3% 49% lower than national
Median Home Value $708,800 top 20%

How Margate City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,2605,234-0.5%
Median household income$114,417$121,800+6.5%
Median home value$645,200$708,800+9.9%

How Margate City Compares

Economy & Housing

Household Income Distribution

Under $25K 10.3%
$25K-$50K 9.3%
$50K-$100K 15.3%
$100K+ 65.1%
Detailed income brackets
Under $10K
4.6%
$10K-$15K
0.7%
$15K-$20K
3.1%
$20K-$25K
1.9%
$25K-$30K
2.3%
$30K-$35K
2.4%
$35K-$40K
1.8%
$40K-$45K
0.9%
$45K-$50K
1.9%
$50K-$60K
4.5%
$60K-$75K
4.7%
$75K-$100K
6.2%
$100K-$125K
16.2%
$125K-$150K
11.8%
$150K-$200K
10.9%
$200K+
26.2%

Employment

4.1% Unemployment Rate State: 6.3%|National: 5.2%
58.4% Labor Force Participation

Housing Overview

Owner 90.0%
Renter 10.0%
Affordability Index Expensive
5.8x home value to income ratio
Median gross rent $1,347/mo 13.3% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

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

State average: 66 | National average: 61

Education

Margate City Rankings in New Jersey

#286 Population of 700
#247 Median Income of 662
#194 Education of 699
#116 Home Value of 678

Other Cities in Atlantic County

CityPopulationMedian IncomePovertyHome Value
Atlantic City 38,632 $41,028 32.3% $207,400
Pleasantville 20,712 $53,661 25.1% $194,100
Hammonton 14,840 $78,087 9.6% $349,800
McKee City 10,731 $68,133 10.2% $218,100
Somers Point 10,515 $71,062 9.2% $309,200
Smithville 9,545 $77,579 9.8% $279,200
Ventnor City 9,265 $68,671 10.1% $363,000
Absecon 9,170 $73,676 7.9% $286,300
Northfield 8,456 $111,599 4.6% $316,200
Pomona 7,995 $99,118 11.1% $279,000

Cities Similar to Margate City

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Beach Haven West5,120$119,394$641,70043.1%3.4%
Country Lake Estates5,055$127,643$249,10025.4%4.2%
Bargaintown5,377$131,973$351,70048.6%4.9%
Beckett5,017$115,363$313,40051.2%8.7%
Ledgewood5,377$135,912$460,90060.5%3.0%

Population Overview

Margate City is a small city located in New Jersey, within Atlantic County. The total population is 5,234. It ranks as the 286th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Margate City is 57.5 years. This is 43% higher than the state median of 40.1 years. Only 13.8% of residents are under 18, indicating fewer families with children. 14.6% 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 is $121,800. This is 18% higher than the state median of $103,556. It is also 51% higher than the national median of $80,734. The poverty rate stands at 6.3%. This is 35% lower than the state poverty rate of 9.7%. The unemployment rate is 4.1%. This is 35% lower than the state rate of 6.3%. The median home value is $708,800. Housing costs are 56% higher than the state median of $454,400. The home-value-to-income ratio is 5.8x. 90.0% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 63.8%.

Race & Ethnicity

Margate City has a predominantly White (non-Hispanic) population, comprising 92.3% of all residents. Hispanic or Latino residents account for 4.3%. The White (non-Hispanic) population is significantly higher than the state average (92.3% vs 50.9%). The Black or African American population (0.4%) is well below the state average of 12.2%. The Hispanic or Latino population (4.3%) is well below the state average of 22.5%. The Asian population (1.3%) is well below the state average of 10.1%.

Education

57.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%. Notably, 28.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Margate City, New Jersey 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 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. 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 City, New Jersey?

Margate City, New Jersey has a population of 5,234 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Margate City is $121,800, which is 51% higher than the national median of $80,734.

What is the poverty rate in Margate City, NJ?

The poverty rate in Margate City is 6.3%. This means approximately 332 residents live below the federal poverty line.

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

Margate City's population is 92.3% White, 0.4% Black, 4.3% Hispanic/Latino, and 1.3% Asian.

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

The median home value in Margate City is $708,800. The home-value-to-income ratio is 5.8x.

How educated is Margate City, New Jersey?

57.7% of adults (25+) in Margate City hold a bachelor's degree or higher, and 28.1% hold a graduate or professional degree.