Margate, FL — City Data, Demographics & Statistics
Broward County · Florida
City DNA
A unique fingerprint for Margate based on 8 key metrics — compared to averages.
Quick Stats
Population
58,418
2023 ACS
Median Income
$60,852
2023
Median Home Value
$286,200
2023
Median Rent
$1,662
2023
Median Age
45.7
Unemployment
4.3%
Cost of Living Index
122.9
100 = national avg
Margate is a city in Broward County, Florida, with a population of 58,418 according to the 2023 American Community Survey. Margate is one of the communities in Florida.
The median household income in Margate is $60,852, and the median home value is $286,200. The cost of living index is 122.9 (where 100 = national average), and the median rent is $1,662 per month. The unemployment rate is 4.3%, and the median age is 45.7 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
58,418
Male
27,465
47.0%
Female
30,953
53.0%
Median Age
45.7
Age Distribution
Education & Household
Bachelor's or Higher
19.1%
High School or Higher
43.7%
Foreign Born
39.2%
Veterans
3.9%
Married
42.3%
Avg Household Size
2.4
Marital Status by Age
Race & Ethnicity
Diversity Index
0.634
Simpson's Index (0-1)
Largest Group
White
38.1%
Foreign Born
39.2%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
26.6%
15,557 people
Not Hispanic/Latino
73.4%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
56,272
English Only
61.7%
#1 Non-English Language
Spanish
12,482 speakers
Limited English
14.8%
Language Distribution
English Proficiency
Speaks English Very Well
85.2%
Limited English Proficiency
14.8%
Veterans & Military
Total Veterans
2,293
3.9% of population
Disability Rate
38.1%
873 with disability
Veteran Median Income
$50,362
Unemployment Rate
1.2%
Period of Service
Veteran Age Distribution
Male Veterans
2,176
94.9%
Female Veterans
117
5.1%
Veteran vs Non-Veteran Income
Veteran Income
$50,362
Non-Veteran Income
$33,780
Difference
$16,582
49.1% higher
Disability Status
With Disability
873
Without Disability
1,420
Disability Rate
38.1%
Ancestry & Heritage
Total Reporting Ancestry
39,925
#1 Ancestry
West Indian
20.3% (11,830)
#2 Ancestry
Jamaican
10.2% (5,934)
#3 Ancestry
American
7.4% (4,307)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
24,634
Family Households
15,073
61.2%
Married Couples
10,728
43.5%
Non-Family Households
9,561
38.8%
Single Mother Households
3,122
12.7%
Single Father Households
1,223
5.0%
Living Alone
8,392
34.1%
Children Under 18
Total Children
8,793
In Married Couple
5,748
65.4%
With Single Mother
2,398
27.3%
With Single Father
647
7.4%
Family Income
Median Family Income
$81,633
Married Couple Income
$89,331
Single Mother Income
$56,736
Single Father Income
$72,313
Avg Family Size
2.4
Avg Non-Family Size
2.4
Grandparents w/ Grandchildren
1,274
Grandparents Responsible
571
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$60,852
-17% vs national
Per Capita Income
$34,462
-7% vs national
Poverty Rate
11.6%
-14% vs national
Gini Index
0.4412
0 = perfect equality
Unemployment
4.3%
-17% vs national
SNAP Recipients
14.4%
of households
How Margate Compares
Margate vs Similar Cities
Compared to cities with 50,000 - 100,000 residents. Margate is highlighted.
Median Household Income
Margate, FL has a median household income of $60,852, making it the 16,122nd highest median household income out of 28,123 cities in our database. This means that Margate has a higher median household income than 43% of all the cities we measured.
Per Capita Income
Margate, FL has a per capita income of $34,462, making it the 12,746th highest per capita income out of 28,123 cities in our database. This means that Margate has a higher per capita income than 55% of all the cities we measured.
Poverty Rate
Margate, FL has a poverty rate of 11.6%, making it the 14,675th highest poverty rate out of 31,262 cities in our database. This means that Margate has a higher poverty rate than 53% of all the cities we measured.
Unemployment Rate
Margate, FL has a unemployment rate of 4.3%, making it the 13,528th highest unemployment rate out of 31,012 cities in our database. This means that Margate has a higher unemployment rate than 56% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Margate. The median household income here is $60,852.
Income Distribution
Employment Snapshot
Unemployment Rate
4.3%
-12% vs FL avg
Labor Force
32,247
Employed
30,720
Mean Commute
26 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
19.1%
of adults 25+
High School Diploma+
43.7%
of adults 25+
Median Age
45.7
Work from Home
10.2%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Miami-Fort Lauderdale-West Palm Beach, FL metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$104.1K
per year
Occupations Tracked
20
Cost of Living
Overall Index
122.9
100 = national avg
+22.9 vs national average
Living Wage (1 Adult)
$54,079
per year
Living Wage (Family of 4)
$127,824
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,900
per month
2 Bedroom
$2,333
per month
The median household income in Margate, FL is $60,852, which is 16.9% below the national average of $73,224. Per capita income is $34,462. The poverty rate of 11.6% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.4412, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.3%, compared to the state average of 4.9%. The labor force is 32,247. 19.1% of adults hold a bachelor's degree or higher. The average commute time is 26 minutes, with 10.2% working from home. About 74.5% of workers drive alone to work. The overall cost of living index is 122.9, which is 22.9% above the national average. Housing costs are above the national average at an index of 164.1. A single adult needs to earn approximately $54,079 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$264,500
Median List Price
$210,000
Price Per Sq Ft
$200
Days on Market
77
Active Inventory
491
Months of Supply
12.6
Buyer's market
Zillow Home Value
$316,617
ZHVI — January 2026
Zillow Rent Index
$2,085
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
7.7%
Off Market in 2 Weeks
13.8%
Sale-to-List Ratio
94.5%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
39
New Listings
109
Pending Sales
65
Price Per Square FootRedfin
Median Sale $/SF
$200
Median List $/SF
$222
Margate vs Similar CitiesCensus ACS / Redfin
Compared to cities with 50,000 - 100,000 residents. Margate is highlighted.
Median Home Value
Margate, FL has a median home value of $286,200, making it the 7,592nd highest median home value out of 27,993 cities in our database. This means that Margate has a higher median home value than 73% of all the cities we measured.
Median Rent
Margate, FL has a median rent of $1,662, making it the 3,174th highest median rent out of 22,337 cities in our database. This means that Margate has a higher median rent than 86% of all the cities we measured.
Median Price Per Sq Ft
Margate, FL has a price per square foot of $200, making it the 8,048th highest price per square foot out of 20,748 cities in our database. This means that Margate has a higher price per square foot than 61% of all the cities we measured.
Rent Burden
Margate, FL has a rent burden of 32.8%, making it the 788th highest rent burden out of 21,928 cities in our database. This means that Margate has a higher rent burden than 96% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$286,200
Median Rent
$1,662
Total Housing Units
27,002
Vacancy Rate
8.8%
Owner Occupied
77.1%
Renter Occupied
22.9%
Median Property Tax
$2,310
per year
Monthly Cost (w/ Mortgage)
$1,409
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$2,310
per year
Effective Tax Rate
0.81%
of home value
Median Home Value
$286,200
Estimated Mean Tax
$2,566
The effective property tax rate is calculated by dividing the median annual property tax ($2,310) by the median home value ($286,200). In Margate, FL, this works out to an effective rate of 0.81%. This is below the national average of approximately 1.1%.
The current median sale price in Margate, FL is $264,500 according to Redfin data. Homes spend a median of 77 days on the market. 7.7% of homes sold above asking price. The market has 12.6 months of supply. The median price per square foot is $200. Zillow's observed rent index is $2,085/month. About 77.1% of housing units are owner-occupied. The median year homes were built is 1978. There are 27,002 total housing units. Homeowners pay a median annual property tax of $2,310. The effective tax rate is 0.81%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2020)Violent Crime Rate
1.77
per 1,000 residents
-37% vs national
Property Crime Rate
11.35
per 1,000 residents
-45% vs national
Total Crimes
780
2020
Violent Clearance
59%
cases solved
Property Clearance
29%
cases solved
YoY Change
+5.9%
violent crime rate
worsening vs 2019
How Margate Compares
Source: FBI (2020)Margate vs Similar Cities
Source: FBI (2020)Compared to cities with 50,000 - 100,000 residents. Margate is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2020)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2020)Margate police solve 72% of aggravated assault cases but only 29% of larceny/theft cases.
Weapon Used in Violent Crime
Source: FBI (2020)Crime Breakdown
Source: FBI Crime Data Explorer (2020)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 6 | 0.10 | 33.3% |
| Robbery | Violent | 34 | 0.57 | 38.2% |
| Aggravated Assault | Violent | 65 | 1.09 | 72.3% |
| Burglary | Property | 54 | 0.91 | 33.3% |
| Larceny/Theft | Property | 548 | 9.22 | 28.6% |
| Motor Vehicle Theft | Property | 73 | 1.23 | 28.8% |
Margate, FL reported 105 violent crimes and 675 property crimes in 2020. The violent crime rate of 1.77 per 1,000 residents is 36.9% below the national average of 2.80 per 1,000. Law enforcement cleared 59% of violent crimes. Larceny/theft accounts for 548 of the property crime reports. Firearms were involved in 29.2% of aggravated assaults. Violent crime has been trending upward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2020 | 105 | 675 | 1.77 | 11.35 |
| 2019 | 99 | 935 | 1.67 | 15.75 |
| 2017 | 119 | 1,046 | 2.03 | 17.83 |
| 2016 | 134 | 962 | 2.31 | 16.58 |
| 2015 | 115 | 1,045 | 2.03 | 18.42 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
99.5
Relatively High
Expected Annual Loss
99.4
Score (0-100)
Social Vulnerability
55.4
Score (0-100)
Community Resilience
44.2
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
43
Public Assistance
$892.9M
Individual Assistance
$173.2M
Most Common Type
Hurricane
25 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Hurricane Milton → | Hurricane | Oct 2024 | $1.4M | $12K |
| Hurricane Milton → | Hurricane | Oct 2024 | — | — |
| Severe Storms, Tornadoes, and Flooding → | Flood | Apr 2023 | $48.3M | $12.3M |
| Hurricane Nicole → | Hurricane | Dec 2022 | $104K | — |
| Tropical Storm Nicole → | Tropical Storm | Nov 2022 | — | — |
| Hurricane Ian → | Hurricane | Sep 2022 | $1.5M | $75K |
| Tropical Storm Ian → | Hurricane | Sep 2022 | — | — |
| Hurricane Isaias → | Hurricane | Aug 2020 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $138.0M | $11.5M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Oct 2019 | $6.6M | — |
| Hurricane Dorian → | Hurricane | Aug 2019 | — | — |
| Hurricane Irma → | Hurricane | Sep 2017 | $183.0M | $60.2M |
| Hurricane Irma → | Hurricane | Sep 2017 | — | — |
| Hurricane Matthew → | Hurricane | Oct 2016 | $5.1M | — |
| Hurricane Matthew → | Hurricane | Oct 2016 | — | — |
| Tropical Storm Fay → | Severe Storm | Aug 2008 | $943K | — |
| Hurricane Wilma → | Hurricane | Oct 2005 | $438.6M | $77.8M |
| Tropical Storm Rita → | Hurricane | Sep 2005 | $434K | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
Showing 20 of 54 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
35,020
Total Claims Paid
$457,633,919
Avg Claim Payout
$13,068
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
124
Federal Funding
$80,557,273
Properties Protected
137
Avg Benefit-Cost Ratio
44.65
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 205.8: Retrofitting Public Structures - Wind | 63 | $24,093,774 |
| 205.7: Retrofitting Private Structures - Wind | 11 | $3,733,001 |
| 601.2: Generators - Regular | 6 | $916,151 |
| 205.8: Retrofitting Public Structures - Wind; 601.2: Generators - Regular | 5 | $3,353,992 |
| 403.2: Stormwater Management - Diversions | 5 | $11,788,101 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Margate has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are lightning, hurricane, heat wave. The area has had 43 federal disaster declarations. The most common disaster type is hurricane (25 declarations). 35,020 flood insurance claims have been filed in the area. FEMA has obligated $892,878,191 in public assistance recovery funding. $173,186,662 has been distributed in individual assistance to disaster-affected residents. 124 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
31.0%
5.1pp below the national average
Depression Rate
16.0%
7.5pp below the national average
Diabetes Rate
14.6%
2.7pp above the national average
Uninsured Rate
16.6%
6.0pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
39.4%
Arthritis
26.0%
Cancer (excl. skin)
8.2%
Teeth Lost (65+)
13.0%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
16.4%
14+ days in past month
Depression
16.0%
Loneliness
—
Lack of Support
—
Disability Prevalence
Any Disability
31.4%
Mobility
16.9%
Cognitive
14.0%
Hearing
7.3%
Vision
6.9%
Self-Care
4.7%
Independent Living
8.8%
Margate has an obesity rate of 31.0%, which is 5.1pp below the national average. The depression rate is 16.0%, 7.5pp below the national average. About 16.6% of adults lack health insurance. 80.2% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
1.8 / 5
Nearest Hospital
In city
Hca Florida Northwest Hospital
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Hca Florida Northwest Hospital | In city | Acute Care Hospitals | 1/5 | Yes |
| Broward Health Coral Springs | 3.6 mi | Acute Care Hospitals | 3/5 | Yes |
| University Hospital And Medical Center | 4.4 mi | Acute Care Hospitals | 1/5 | Yes |
| Broward Health North | 6.3 mi | Acute Care Hospitals | 2/5 | Yes |
| Fort Lauderdale Behavioral Health Center | 6.5 mi | Psychiatric | — | — |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
2
Pop. Served
63,654
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| CITY OF MARGATE | 62,254 | 0 |
| COLONIES OF MARGATE | 1,400 | 0 |
There are 2 water systems serving the area.
Infrastructure
Commute Overview2023 ACS
Mean Commute
26 min
+12% vs national
Drive Alone
74.5%
-5% vs national
Public Transit
3.1%
+249% vs national
Work From Home
10.2%
+9% vs national
Carpool
8.6%
Walk / Bike
1.3%
combined
How Margate's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
3
2023
6-Year Avg
4
fatalities/yr
Nighttime
3
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 3 | 3 | 0 | 0 | 0 |
| 2022 | 2 | 2 | 0 | 1 | 0 |
| 2021 | 3 | 3 | 0 | 1 | 0 |
| 2020 | 7 | 7 | 0 | 5 | 0 |
| 2019 | 4 | 5 | 0 | 1 | 0 |
| 2018 | 3 | 3 | 0 | 2 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Margate, FL is 26 minutes, which is 12.4% above the national average of 23 minutes. 74.5% of workers drive alone, compared to the national average of 78.7%. 10.2% work from home, which is below the FL state average of 13.8%. Public transit is used by 3.1% of commuters, compared to the national average of 0.9%. 8.6% of workers carpool. 1.1% walk to work. In 2023, there were 3 traffic fatalities from 3 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
90.6%
of households
Cable / Fiber / DSL
78.4%
of households
No Internet
7.8%
of households
Total Households
24,634
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
96.1%
of households
Smartphone
91.4%
of households
Desktop / Laptop
80.0%
of households
Tablet
62.0%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.1¢
per kWh
-23% vs 50,000 - 100,000 avg
Commercial Rate
11.0¢
per kWh
-26% vs 50,000 - 100,000 avg
Industrial Rate
8.5¢
per kWh
-23% vs 50,000 - 100,000 avg
Avg Monthly Bill
$156
residential
+7% vs 50,000 - 100,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in Florida averages 14.1¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $156. State-level averages from EIA Electric Sales & Revenue data (2024).
Margate vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (50,000 - 100,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
2
Population Served
63,654
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| CITY OF MARGATE | Community | Ground water | 62,254 | 0 |
| COLONIES OF MARGATE | Community | Purchased ground water | 1,400 | 0 |
90.6% of households in Margate have broadband internet access. 78.4% have cable, fiber, or DSL service. 9.4% rely solely on cellular data without a wired connection. 7.8% of households have no internet access. 10.3% use only a smartphone without a desktop or laptop. The area is served by 2 water systems, providing water to 63,654 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Margate is located in Broward County, FL. Results reflect all voters in the county, not just those in Margate.
Election Overview
Source: Broward County (2024)2024 Winner
Democrat
Dem Votes
507,328
58.0%
GOP Votes
358,952
41.0%
Total Votes
874,526
Margin
D+17.0%
Shift from 2020
R+12.8pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 507,328 | 358,952 | 874,526 | 58.0% | 41.0% | D+17.0 |
| 2020 | 618,752 | 333,409 | 957,672 | 64.6% | 34.8% | D+29.8 |
| 2016 | 546,956 | 258,521 | 822,837 | 66.5% | 31.4% | D+35.0 |
In the 2024 presidential election, Broward County recorded 874,526 total votes. Democrats won the county with 58.0% of the vote compared to 41.0% for Republicans, a margin of D+17.0%. Compared to 2020, the margin shifted R+12.8pp from the previous election. Since 2016, Broward County has shifted 18.1 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
235
Total Assets
$32.0M
Total Income
$21.4M
Per 10K Residents
40.2
nonprofits
+2.4% vs peers avg
Orgs with >$1M Assets
4
Median Assets
$18K
Oldest Active
1945
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $31.7M of $32.0M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 50,000 - 100,000
Largest Nonprofits in Margate
Source: IRS Exempt Organizations BMFMargate, FL has 235 registered 501(c)(3) nonprofit organizations with combined assets of $32.0M. The most common category is Religion-Related, with 65 organizations. 4 nonprofits have assets exceeding $1 million. That works out to 40.2 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1945.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
279
Total Approved
$75.5M
Jobs Supported
2,102
Per 10K Residents
47.8
SBA loans
-26.9% vs peers avg
Unique Lenders
68
Top Lender
Bank of America, National Association
59 loans
Top Industry
Health Care & Social Assistance
Data Span
1992–2025
Loan Program Breakdown
Source: SBA FOIALoans
245
Total Amount
$52.8M
Avg Loan
$215,619
Median Loan
$75,000
SBA Guaranteed
$38.7M(73%)
Jobs Supported
1,781
Loans
34
Total Amount
$22.7M
Avg Loan
$666,824
Median Loan
$329,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
65
23% of all-time total
Recent Amount
$26.1M
35% of all-time total
Avg Recent Loan
$401,628
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 50,000 - 100,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Arj Properties, Inc. | 1 | $4.1M |
| Culver's of Margate | 1 | $2.5M |
| Motosurge Llc | 2 | $2.3M |
| Wexford Academy | 2 | $2.1M |
| Katzman Garfinkel P.a. | 1 | $2.0M |
| Jk-da Holdings Llc | 2 | $1.7M |
| A. Tomassi Roof Testing Inc. | 2 | $1.7M |
| Universal Kidney Center, Inc. | 1 | $1.5M |
| B&g Amazonas Llc | 2 | $1.4M |
| Jasmine Thai & Chinese Restaurant, Inc. | 2 | $1.4M |
Margate, FL has received 279 SBA loans totaling $75.5M in approved funding between 1992 and 2025. The 7(a) program accounts for 245 loans (88% of the total), supporting 1,781 jobs. The 504 program, focused on real estate and large equipment, has funded 34 loans totaling $22.7M. The most common industry receiving SBA funding is Health Care & Social Assistance. The most active SBA lender in Margate is Bank of America, National Association with 59 loans. That works out to 47.8 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
34
Total Population
1,209,379
Avg Median Income
-$19,528,808
Avg Home Value
-$19,209,984
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 33060 | 35,888 | $59,757 | $354,100 | $1,406 | 7.0 |
| 33062 | 25,495 | $82,955 | $511,800 | $1,888 | 3.9 |
| 33063 | 55,539 | $62,930 | $270,100 | $1,790 | 8.2 |
| 33064 | 62,000 | $66,269 | $293,100 | $1,689 | 10.2 |
| 33065 | 59,653 | $70,435 | $416,800 | $1,833 | 8.6 |
| 33066 | 16,673 | $56,721 | $212,000 | $1,677 | 3.0 |
| 33067 | 25,638 | $132,385 | $652,000 | $2,128 | 9.9 |
| 33068 | 53,552 | $63,688 | $288,600 | $1,893 | 6.4 |
| 33069 | 28,957 | $57,462 | $253,000 | $1,685 | 9.4 |
| 33071 | 40,207 | $100,279 | $537,100 | $2,092 | 7.5 |
| 33073 | 32,980 | $99,269 | $453,700 | $2,193 | 8.1 |
| 33076 | 44,263 | $174,560 | $745,400 | $3,243 | 10.8 |
| 33304 | 18,566 | $84,951 | $556,400 | $1,727 | 3.1 |
| 33305 | 12,961 | $89,944 | $558,200 | $1,850 | 2.2 |
| 33306 | 2,700 | $82,375 | $469,800 | $1,369 | 0.8 |
| 33308 | 27,261 | $83,413 | $536,900 | $1,850 | 4.6 |
| 33309 | 38,074 | $73,496 | $309,100 | $1,829 | 9.7 |
| 33311 | 73,280 | $51,918 | $276,600 | $1,385 | 10.4 |
| 33313 | 64,228 | $45,408 | $236,300 | $1,608 | 6.3 |
| 33317 | 37,008 | $84,239 | $449,900 | $1,986 | 9.6 |
| 33319 | 52,474 | $55,071 | $228,000 | $1,633 | 6.8 |
| 33321 | 50,414 | $60,013 | $259,200 | $1,846 | 8.2 |
| 33322 | 40,522 | $69,037 | $258,300 | $2,095 | 5.5 |
| 33323 | 23,083 | $109,569 | $449,600 | $2,512 | 7.5 |
| 33327 | 23,039 | $165,458 | $691,700 | $3,202 | 147.6 |
| 33334 | 30,889 | $69,512 | $430,500 | $1,615 | 4.8 |
| 33351 | 34,582 | $68,996 | $352,500 | $1,881 | 5.5 |
| 33388 | 0 | N/A | N/A | N/A | 0.2 |
| 33428 | 46,228 | $85,939 | $433,300 | $2,349 | 11.5 |
| 33433 | 46,808 | $81,421 | $414,400 | $2,320 | 9.4 |
| 33434 | 21,805 | $75,480 | $379,300 | $1,500 | 6.9 |
| 33441 | 30,214 | $57,257 | $381,700 | $1,544 | 4.8 |
| 33442 | 31,146 | $53,413 | $231,400 | $1,952 | 6.9 |
| 33486 | 23,252 | $113,575 | $636,400 | $2,226 | 5.3 |
Margate, FL has 34 ZIP codes with a combined population of 1,209,379. The average median household income across all ZIP codes is -$19,528,808. The average median home value is -$19,209,984. The average median monthly rent is -$19,605,967.
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