Margate, FL Census Data
Key demographic and economic indicators for Margate, Florida from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · Source: U.S. Census Bureau, ACS 2023
Population
58,418
47.0% male · 53.0% female
Median Age
45.7
7.0 above the national average (38.7 yrs)
Median Household Income
$60,852
17,686.0 below the national average ($78,538)
Bachelor's Degree or Higher
25.0%
10.0 below the national average (35.0%)
HS diploma or higher: 87.7%
Poverty Rate
11.6%
0.8 below the national average (12.4%)
Uninsured: 11.5%
Broadband Access
96.1%
6.4 above the national average (89.7%)
Median Home Value
$286,200
Median rent: $1,662 · 77% owner-occupied
Unemployment Rate
4.3%
Labor force participation: 62.0%
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Margate, FL Frequently Asked Questions
What is the population of Margate, FL?
The population of Margate, FL is 58,418 according to the 2023 American Community Survey 5-year estimates. The median age is 45.7 years.
What is the median household income in Margate?
The median household income in Margate, FL is $60,852, below the national average of $78,538. Per capita income is $36,891.
What is the poverty rate in Margate?
The poverty rate in Margate, FL is 11.6%, compared to the national average of 12.4%. About 11.5% of residents lack health insurance.
What percentage of Margate residents have a college degree?
25.0% of adults (25+) in Margate hold a bachelor's degree or higher, and 87.7% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Margate?
The median home value in Margate, FL is $286,200. Median rent is $1,662 per month, with 77% of housing units owner-occupied.
What is the racial makeup of Margate?
Margate's population is 38.1% White, 33.3% Black, 26.6% Hispanic or Latino, and 4.0% Asian (source: 2023 ACS).