Median Income
$56,324
household / year
Median Home Value
$262,100
owner-occupied
Median Rent
$1,513
gross / month
Cost of Living
112
national avg = 100

Is Margate, FL a Good Place to Live?

Margate is a mid-sized city of 58,396 in Florida, with a median household income of $56,324 and a 4.2% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Margate's profile is close to national averages across most measures.

Trade-offs: Potential downsides include an above-average cost of living. Whether Margate is right for you depends on your priorities — the full breakdown is below.

All Margate city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 111.8

Margate's overall cost of living index is 111.8, where 100 represents the US national average. Living in Margate costs roughly 12% more than the average American city.

Metric Margate, FL National Avg
Median Home Value $262,100 $244,900
Median Monthly Rent $1,513 $1,163
Homeownership Rate 76.5% 65.9%
Median Household Income $56,324 $74,755

Crime & Safety

Crime data for Margate is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Margate is served primarily by BROWARD. The student-to-teacher ratio is 21.7:1 (slightly above the national average of ~16:1).

Metric Margate, FL National Avg
School District BROWARD —
Elementary Schools 194 —
Middle Schools 48 —
High Schools 61 —
Student/Teacher Ratio 21.7:1 16:1
Bachelor's Degree or Higher 25.5% 35.4%
High School Diploma or Higher 88.8% 91.1%

Weather & Climate

Margate sees average highs of 76.1°F in January and 90.9°F in July, with 56.5 inches of annual precipitation .

MetricMargate, FL
Average High — January76.1°F
Average High — July90.9°F
Annual Precipitation56.5"
Annual SnowfallTrace / None

Demographics

MetricMargate, FLNational Avg
Population58,396—
Median Age46.838.9
Unemployment Rate4.2%3.7%
Avg Commute Time28.9 min26 min
White (non-Hispanic)42.5%59.3%
Black or African American33.9%13.6%
Hispanic or Latino17.2%18.9%
Asian4.1%6.3%
Under 1817.0%22.2%
65 and over23.5%16.8%

Nearby Cities

North Lauderdale, FL 3 mi Coconut Creek, FL 3 mi Coral Springs, FL 3 mi Tamarac, FL 4 mi Pompano Beach, FL 5 mi

ZIP Codes in Margate

Margate, FL is covered by 1 ZIP code:

33063

Margate vs Other Cities

Margate, FL vs North Lauderdale, FL Margate, FL vs Coconut Creek, FL Margate, FL vs Coral Springs, FL Margate, FL vs Tamarac, FL Margate, FL vs Pompano Beach, FL

Frequently Asked Questions

Margate's cost of living index is 112, where 100 is the national average. That puts Margate roughly 12% above the national average in cost. The median home price is $262,100 and median rent is $1,513/month.
Crime data for Margate is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Margate are operated by BROWARD. The district has 194 elementary, 48 middle, and 61 high schools. The student-to-teacher ratio is 21.7:1. 25.5% of adults 25+ hold a bachelor's degree or higher.
Margate, FL has a population of 58,396, a median household income of $56,324, and an unemployment rate of 4.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Margate averages 76.1°F in January and 90.9°F in July. Annual rainfall is 56.5 inches . Based on NOAA 30-year climate normals (1991–2020).
Margate, FL is covered by 1 ZIP code: 33063.
The population of Margate, Florida is 58,396 with a median age of 46.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Margate: cost of living index 112 (100 = US average), median home $262,100, median household income $56,324, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Margate side by side with your current city to see the trade-offs.