HomeFloridaBroward CountyMargate city
Margate city, Florida: commercial real estate data.
Margate city 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.
81 sourced place values · tier FULL · 9 sections · 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$1,041,000
- 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
A charge-off rate is not published here. only 9 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Margate
Flood risk in Margate
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number120047
- Currently effective map date07/31/24
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Broward County, not Margate
Broward County context, not Margate figures
These are Broward County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Margate measurements.
- Establishments in Broward County68,191
- Employment at those establishments, Broward County780,632
- Covered employment, Broward County864,520
- Average annual pay, Broward County$71,492
- Average weekly wage, Broward County$1,375
- Housing units permitted, Broward County1,655
- Of those, single family, Broward County697
- County product, 2024, Broward County$173,651,328,000
- County product change over the prior year, Broward County5.5 percent
- Average income of an arriving household, Broward County$115,504
Every figure in this section is published for Broward County as a whole and is not a measurement of Margate. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $29.0 m, across 24 lenders, median approval $150,000, plus 15 504 approvals worth $16.2 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Margate in the National Flood Insurance Program?
Yes. Margate appears in the FEMA Community Status Book as community 120047, carrying Community Rating System class 6, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.