Margate, Florida: Basic Data

The work force participation rate in Margate is 64.5%, with an unemployment rate of 5.4%. For many located in the work force, the average commute time is 27.6 minutes. 5.7% of Margate’s residents have a masters degree, and 14.7% have a bachelors degree. For everyone without a college degree, 31% have some college, 36% have a high school diploma, and just 12.6% have an education not as much as senior high school. 15.9% are not included in medical health insurance.

The average family size in Margate, FL is 3.28 residential members, with 69.9% being the owner of their very own residences. The mean home appraisal is $167708. For individuals renting, they pay out an average of $1311 per month. 53.8% of homes have 2 incomes, and a median domestic income of $45594. Median individual income is $26091. 12.4% of residents are living at or beneath the poverty line, and 14.5% are considered disabled. 6% of residents are ex-members associated with armed forces.

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