Margate City New Jersey Real Estate
Margate City, New Jersey, is located in Atlantic County, 28 miles E of Vineland, New Jersey and 57 miles SE of Philadelphia, Pennsylvania. Margate City has a population of 8,193.
Margate City Homes
Margate City properties pool is 3,984 residential properties including Margate City new homes. Median age of real estate in Margate City is 1958. Average Household size is 2.67 people. 5% are one bedroom homes, 21% are 2 bedroom homes, 45% are 3 bedroom homes, 24% are 4 bedroom homes, and 6% are 5+ bedroom homes.
Margate City Mortgage Statistics
Margate City mortgages vs. USA median statistics
| Homes |
Margate City |
USA |
| Homes With No Mortgage |
47% |
30% |
| Homes With Mortgage |
53% |
70% |
| First Mortgage Only |
40% |
54% |
| First & Second Mortgage or HELOC |
13% |
16% |
Margate City Area Real Estate Tax
Margate City Real estate Tax: Median Real Estate Taxes (2000) were $3,218 comparing to 1999 Median Family income $ 63,917. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Margate City School District: Children make up 15.4% of Margate City population. Margate City has 1,258 under 18 years old residents, or 0.34 kids per one worker, or 0.32 kids per one household.
Margate City Real Estate & Margate City Homeownership
There are 1434.24 or 36% one person households, 1633.44 or 41% two person households, and 438.24 or 11% three person households in Margate City, New Jersey. Median residents age is 49.8, Senior citizens (65+) make up 2,365 or 28.9%% of Margate City population.
There are 3,686 workers (over 16 years of age) in Margate City. Of these, 89.07% drive to work. Approximately 3.58% of workers in Margate City take public transportation. An estimated 2.85% walk to work.
Median Margate City homeowner's housing expences are 22.2%
Crime in Margate City (2003), crimes per 10,000 residents per year
| Type of Crime |
Margate City |
USA, 2003 |
| Violent Crimes |
9.76 |
47.5 |
| Robberies |
2.44 |
14.2 |
| Aggravated Assaults |
4.88 |
29.5 |
| Property Crimes |
216.04 |
358.8 |
| Burglaries |
54.92 |
74.0 |
| Larceny-Thefts |
155.01 |
241.5 |
| Motor Vehicle Thefts |
6.1 |
43.3 |
Invest in Margate City Properties
When making a decision about buying real estate in Margate City New Jersey area, you should consider following statistical data:
| Category |
Margate City |
USA |
| Near Medium City |
Vineland, New Jersey |
- |
| Near Large City |
Philadelphia, Pennsylvania |
- |
| Margate City Zip Codes |
08402 |
- |
| Margate City Area Codes |
609 |
- |
| White population |
95.73% |
75.1% |
| African-American population |
0.87% |
12.3% |
| Asian |
1.56% |
3.6% |
| American Indian & Alaskan |
0.02% |
0.9% |
| Hispanic (of any race) |
2.71% |
12.5% |
| Median Family Income (1999) |
$ 63,917% |
$42,000 |
| Population Below Poverty Level |
7.25% |
12.4% |
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