"This section provides data and information related to summary for Margate , NJ summary

Welcome to the Townfolio for Margate , NJ where you will find a full community profile.
What is Townfolio?  Where does the data come from?  How to use this data  Request more info

Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

6,250

Median Household Income

67,138

Total Visible Minorities

N/A

Median Age

60.0

What is the Median Age of Margate , NJ?

Margate , NJ has a median age of 60 years old. Overall, the median age in Margate , NJ is increasing at an average of 0.94% per year.

Median Household Income

In Margate , NJ, the median household income is $67138 per year. Overall, it is dwindling at an average of -2.05% per year. In the last two census, its median household income grew by $1570.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Margate , NJ has a gini coefficient of 0.6 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 21.13 per cent of the population. Having a predominantly married population is highy beneficial to Margate , NJ as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.

Us Sex By Age

Overall, women outnumber men by 472. people. The 20 years old age cohort exhibits the largest discrepancy with a difference of 41 people between the sexes. Furthermore, majority of the population is between the ages 70 to 74 years old, comprising 11.22 per cent of the population. Meanwhile, 53.6 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 7.97 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 2402 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Margate , NJ are those in Management, business, science, and arts occupations, where the median salary hovers around $78813.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Life, physical, and social science occupations where median salary is at $132292.0. In the services industry, those in Healthcare support occupations earn the most at $nan per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $51585.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $nan per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

44.36%

Housing Vacant

55.64%

No. of Families

1,682

No. of Non-Families

1,556

Median Gross Rent

Margate , NJ has an average rent of $1072 per month. Overall, the average rent in Margate , NJ is dwindling at an average of -0.47% per year. In the last census, its average rent declined by $50.

Heating Sources

Most people in Margate , NJ uses utility gas to heat up their homes. With 2457 households using it, it is the leading heating source in Margate , NJ. Moreover, 17.91% of households say they use electricity making it the second most popular choice. The third widely used heating source is fuel oil, kerosene and others, with 128 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Margate , NJ have three vehicles for transportation. 1493 people responding in Margate , NJ feel that having three vehicles is sufficient. Moreover, 27.99% of households say they use two vehicles. Moreover, 457 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Margate , NJ leave their homes from 8:00am to 9:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 11.92% of respondents, is from 4:00pm to 12:00am. However, 306 of commuters still prefer to leave from 9:00am to 10:00am.

Us Transportation Mode

Majority of commuters in Margate , NJ are driving alone in a private car, truck, or van to go to work. Moreover, 6.48% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is walking with 50 commuters have preferring it. Meanwhile, there are 162 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Business with 544 people practicing it in Margate , NJ. Education is another popular field of expertise, as 20.73% of inhabitants are involved in it. The third group are those who are in Social Sciences, with 287 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Margate , NJ has 1022 people or 39.46% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.