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Margate Florida Real Estate By Jennifer Hershey

Margate Florida Real Estate

Margate, Florida, is located in Broward County, of , and 291 miles S of Jacksonville, Florida. Margate has a population of 53,909.

Margate Homes

Margate properties pool is 22,714 residential properties including Margate new homes. Median age of real estate in Margate is 1978. Average Household size is 2.95 people. 8% are one bedroom homes, 48% are 2 bedroom homes, 32% are 3 bedroom homes, 11% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Margate Mortgage Statistics

Margate mortgages vs. USA median statistics

Homes Margate USA
Homes With No Mortgage 18%
30%
Homes With Mortgage 82%
70%
First Mortgage Only 65%
54%
First & Second Mortgage or HELOC 17%
16%

Margate Area Real Estate Tax

Margate Real estate Tax: Median Real Estate Taxes (2000) were $1,557 comparing to 1999 Median Family income $ 48,254. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Margate School District: Children make up 20.9% of Margate population. Margate has 11,245 under 18 years old residents, or 0.46 kids per one worker, or 0.5 kids per one household.

Margate Real Estate & Margate Homeownership

There are 7041.34 or 31% one person households, 7949.9 or 35% two person households, and 3407.1 or 15% three person households in Margate, Florida. Median residents age is 40.4, Senior citizens (65+) make up 11,683 or 21.7%% of Margate population.

There are 24,196 workers (over 16 years of age) in Margate. Of these, 94.38% drive to work. Approximately 1.29% of workers in Margate take public transportation. An estimated 0.91% walk to work.

Median Margate homeowner's housing expences are 22.5%

Crime in Margate (2003), crimes per 10,000 residents per year

Type of Crime Margate USA, 2003
Violent Crimes
34.5
47.5
Robberies
5.75
14.2
Aggravated Assaults
28.01
29.5
Property Crimes
206.09
358.8
Burglaries
45.26
74.0
Larceny-Thefts
136.16
241.5
Motor Vehicle Thefts
24.67
43.3

Invest in Margate Properties

When making a decision about buying real estate in Margate Florida area, you should consider following statistical data:

Category Margate USA
Near Medium City
-
Near Large City
Jacksonville, Florida
-
Margate Zip Codes
33063, 33065, 33068, 33073
-
Margate Area Codes
954
-
White population
78.8%
75.1%
African-American population
11.63%
12.3%
Asian
2.78%
3.6%
American Indian & Alaskan
0.26%
0.9%
Hispanic (of any race)
15.28%
12.5%
Median Family Income (1999)
$ 48,254%
$42,000
Population Below Poverty Level
8.27%
12.4%

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