Margate City is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 5,865 people and three constituent neighborhoods, Margate City is the 281st largest community in New Jersey.
Housing costs in Margate City are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Margate City is a decidedly white-collar city, with fully 91.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Margate City is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Margate City who work in management occupations (15.78%), sales jobs (13.81%), and teaching (8.57%).
Another notable thing is that Margate City is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
Margate City is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
If knowledge is power, Margate City is a pretty powerful place. 52.37% of the adults in Margate City have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Margate City in 2018 was $61,423, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $245,692 for a family of four.
The people who call Margate City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Margate City residents report their race to be White, followed by Black or African-American. Important ancestries of people in Margate City include Italian, Irish, German, Russian, and Polish.
The most common language spoken in Margate City is English. Other important languages spoken here include Spanish and German/Yiddish.