HomeNew JerseyAtlantic CountyMargate City
Margate City, New Jersey: commercial real estate data.
Margate City is a Census city of 5,234 people across 1.42 square miles of land, in Atlantic County. Median household income is $121,800, 90.0 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $14.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Margate City
What Margate City is
- Census place typecity
- Land area1.42 sq mi
- Water area0.22 sq mi
- Population per square mile of land3,696
- County holding the largest share of its areaAtlantic 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 City
How many people live in Margate City
- Population5,234
- Median age57.5
- Population under 18723 plus or minus 151
- Share under 1813.8 percent plus or minus 2.9
- Population 65 and over1,856
- Share 65 and over35.5 percent
- Households2,570
- Family households1,645
- Share of households that are families64.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate City
Income and work in Margate City
- Median household income$121,800
- Per capita income$85,724
- Civilian labor force2,679
- Employed2,569
- Unemployed110 plus or minus 56
- Unemployment rate4.1 percent plus or minus 2.0
- Adults 25 and over4,099
- Adults 25 and over with a high school diploma or higher95.9 percent
- Adults 25 and over with a bachelor degree or higher57.7 percent
- Adults 25 and over with a graduate degree28.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate City
Housing in Margate City
- Housing units6,877
- Occupied units2,570
- Vacant units4,307
- Vacancy rate62.6 percent
- Owner occupied2,313
- Renter occupied257 plus or minus 94
- Ownership rate90.0 percent
- Median owner-occupied home value$708,800
- Median gross rent, monthly$1,347
- Annual rent as a share of median income13.3 percent plus or minus 3.0
- Single family units4,564
- Share single family66.4 percent
- Units in buildings of two or more2,313
- Share in buildings of two or more33.6 percent
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate City
How Margate City gets to work
- Workers 16 and over who commute2,020
- Commuting under 15 minutes708 plus or minus 203
- Share commuting under 15 minutes35.0 percent plus or minus 8.1
- Commuting 30 minutes or more696 plus or minus 219
- Share commuting 30 minutes or more34.5 percent plus or minus 9.2
- Drove alone58.3 percent
- Carpooled13.4 percent plus or minus 13.0
- Public transport0.9 percent plus or minus 0.9
- Walked3.2 percent plus or minus 1.9
- Worked from home20.8 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Margate City
SBA loans in Margate City (7(a))
- Approvals12
- Gross approval$14,362,900
- Average approval$1,196,908
- Median approval$867,000
- Largest approval$4,000,000
- Jobs supported399
- Jobs per approval33.3
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more58.3 percent
- Share to franchises0.0 percent
- Distinct lenders8
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Margate City, in any county, FY2020 to FY2026. Only 2 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 City
SBA loans in Margate City (504)
- Approvals2
- Gross approval$1,830,000
- Average approval$915,000
- Median approval$915,000
- Largest approval$1,023,000
- Jobs supported30
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Margate City, in any county, FY2010 to FY2026. Only 0 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 City
Flood risk in Margate City
- NFIP communityCity of Margate City
- NFIP community number345304
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date08/28/18
The City of Margate City participates in the National Flood Insurance Program as community 345304 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Atlantic County, not Margate City
Atlantic County context, not Margate City figures
- Establishments in Atlantic County6,192
- Covered employment, Atlantic County125,157
- Average annual pay, Atlantic County$59,219
- Housing units permitted, Atlantic County647
Every figure in this section is published for Atlantic County as a whole and is not a measurement of Margate City.
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 City questions, answered from the record.
How many people live in Margate City, New Jersey?
5,234, in 2,570 households. Margate City city covers 1.42 square miles of land, which is 3,696 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Margate City in?
Atlantic 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 City?
$121,800. The median owner-occupied home is valued at $708,800. Median gross rent is $1,347 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 City businesses?
12 7(a) approvals totaling $14.4 m since FY2020, across 8 lenders, median approval $867,000, plus 2 504 approvals worth $1.8 m since FY2010. These count approvals to borrowers whose address is in Margate City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Margate City borrowers get paid back?
No rate is published for Margate City. Only 2 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 City in the National Flood Insurance Program?
Yes. Margate City appears in the FEMA Community Status Book as Margate City, city of, community 345304, carrying Community Rating System class 5, 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 City figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Atlantic 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 City.
Is zoning published for Margate City?
No. Nothing on this page presents parcel level zoning.