HomeFloridaBroward CountyMargate
Margate, Florida: commercial real estate data.
Margate is a Census city of 59,198 people across 8.76 square miles of land, in Broward County. Median household income is $62,450, 77.2 percent of occupied homes are owned, and the SBA record carries 72 7(a) approvals to borrowers here worth $29.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Margate
What Margate is
- Census place typecity
- Land area8.76 sq mi
- Water area0.29 sq mi
- Population per square mile of land6,758
- County holding the largest share of its areaBroward County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate
How many people live in Margate
- Population59,198
- Median age45.0
- Population under 1810,224
- Share under 1817.3 percent
- Population 65 and over13,895
- Share 65 and over23.5 percent
- Households24,297
- Family households15,576
- Share of households that are families64.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate
Income and work in Margate
- Median household income$62,450
- Per capita income$34,214
- Civilian labor force31,671
- Employed30,381
- Unemployed1,290 plus or minus 307
- Unemployment rate4.1 percent plus or minus 1.0
- Adults 25 and over45,003
- Adults 25 and over with a high school diploma or higher88.0 percent
- Adults 25 and over with a bachelor degree or higher24.7 percent
- Adults 25 and over with a graduate degree8.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate
Housing in Margate
- Housing units26,356
- Occupied units24,297
- Vacant units2,059
- Vacancy rate7.8 percent
- Owner occupied18,748
- Renter occupied5,549
- Ownership rate77.2 percent
- Median owner-occupied home value$316,200
- Median gross rent, monthly$1,750
- Annual rent as a share of median income33.6 percent
- Single family units13,915
- Share single family52.8 percent
- Units in buildings of two or more11,359
- Share in buildings of two or more43.1 percent
- Mobile homes953
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate
How Margate gets to work
- Workers 16 and over who commute26,779
- Commuting under 15 minutes3,723
- Share commuting under 15 minutes13.9 percent
- Commuting 30 minutes or more13,653
- Share commuting 30 minutes or more51.0 percent
- Drove alone71.5 percent
- Carpooled10.8 percent plus or minus 2.7
- Public transport2.5 percent plus or minus 2.3
- Walked1.6 percent plus or minus 1.1
- Worked from home10.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate
SBA loans in Margate (7(a))
- Approvals72
- Gross approval$28,957,700
- Average approval$402,190
- Median approval$150,000
- Ninetieth percentile approval$1,012,600
- Largest approval$5,000,000
- Jobs supported626
- Jobs per approval8.7
- Loans with a final outcome9
- Paid in full8
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises2.8 percent
- Distinct lenders24
- Distinct industries by NAICS50
Counted by borrower city: approvals to borrowers whose address is in Margate, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Margate
SBA loans in Margate (504)
- Approvals15
- Gross approval$16,178,000
- Average approval$1,078,533
- Median approval$952,000
- Largest approval$4,119,000
- Jobs supported157
- Loans with a final outcome7
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Margate, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Margate
Flood risk in Margate
- NFIP communityCity of Margate
- NFIP community number120047
- Participating in the NFIPYes
- Community Rating System classClass 6
- Currently effective map date07/31/24
The City of Margate participates in the National Flood Insurance Program as community 120047 and carries Community Rating System class 6, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Broward County, not Margate
Broward County context, not Margate figures
- Establishments in Broward County68,191
- Covered employment, Broward County864,520
- Average annual pay, Broward County$71,492
- Housing units permitted, Broward County1,655
Every figure in this section is published for Broward County as a whole and is not a measurement of Margate.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Margate questions, answered from the record.
How many people live in Margate, Florida?
59,198, in 24,297 households. Margate city covers 8.76 square miles of land, which is 6,758 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Margate in?
Broward County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Margate?
$62,450. The median owner-occupied home is valued at $316,200. Median gross rent is $1,750 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Margate businesses?
72 7(a) approvals totaling $29.0 m since FY2020, across 24 lenders, median approval $150,000, plus 15 504 approvals worth $16.2 m since FY2010. These count approvals to borrowers whose address is in Margate, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Margate borrowers get paid back?
No rate is published for Margate. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Margate in the National Flood Insurance Program?
Yes. Margate appears in the FEMA Community Status Book as Margate, city of, community 120047, carrying Community Rating System class 6, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Margate figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Broward County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Margate.
Is zoning published for Margate?
No. Nothing on this page presents parcel level zoning.