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Margate Apartment Features

LOCAL GUIDE

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All About

Living In Margate, FL

Margate, Florida is a town with a population of approximately 56,000. Retirees are common, as they account for 20% of the population compared to 14% nationally, while young adults are less well-represented. Renters tend to be in the minority in the area, and 71% of residents own their homes. The average rent for Margate is $175/month more than the state average.

Compared to the national average (5%), Margate has a relatively high concentration of residents older than 25 who have earned an Associate's degree (7%). Furthermore, 10% have earned a Bachelor's degree and 3% possess a Master's degree or Doctorate. Many Margate residents work in one of three industries: retail, healthcare, and entertainment. Combined, these industries make up 23% of the labor force in the city. Meanwhile, looking at job function, 9% of the city's population works in sales, which ranks as the top profession in the city. With an average annual income of just over $58,000, Margate workers take home around $8,000 less than the average Florida resident. Margate's average income also trails the national average of $73,345.

Margate residents have an average commute of about 30 minutes. Many residents (47%) drive to work, while public transportation is not widely used. Walking isn't a common means of commuting to work.



Frequently Asked Questions About Margate

What is the average rent in Margate?

The average rent of a studio apartment in Margate is $965 per month. For a one-bedroom apartment it's $1,250 per month. For a two-bedroom apartment the average rent is $1,550 per month.

What is the average cost of rent for a one-bedroom in Margate?

The average rent of a one-bedroom apartment in Margate is $1,250

Are there any cheap apartments for rent in Margate?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Margate?

Apply Apartment Guide's pet friendly filter to see only Margate apartments that accept pets.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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