HomeNew JerseyAtlantic CountyMargate City city
Margate City city, New Jersey: commercial real estate data.
Margate City 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Margate City borrowers
- Approvals12
- Gross approval$14,362,900
- Average approval$1,196,908
- Median approval$1,000,000
- Ninetieth percentile approval$2,584,100
- 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
A charge-off rate is not published here. only 2 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 City
SBA 504 lending to Margate City borrowers
- Approvals2
- Gross approval$1,830,000
- Average approval$915,000
- Median approval$1,023,000
- Largest approval$1,023,000
- Jobs supported30
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Atlantic County, not Margate City
Atlantic County context, not Margate City figures
These are Atlantic 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 City measurements.
- Establishments in Atlantic County6,192
- Employment at those establishments, Atlantic County106,760
- Covered employment, Atlantic County125,157
- Average annual pay, Atlantic County$59,219
- Average weekly wage, Atlantic County$1,139
- Housing units permitted, Atlantic County647
- Of those, single family, Atlantic County383
- County product, 2024, Atlantic County$19,423,169,000
- County product change over the prior year, Atlantic County4.6 percent
- Average income of an arriving household, Atlantic County$89,439
Every figure in this section is published for Atlantic County as a whole and is not a measurement of Margate City. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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 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 totalling $14.4 m, across 8 lenders, median approval $1,000,000, plus 2 504 approvals worth $1.8 m. 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 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.
Are the county figures on this page Margate City figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.