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Living In Margate City, NJ
Margate City, a small town in New Jersey, has a population of slightly more than 6,000. Retirees are typical, as they make up 39% of the population compared to 14% nationally, while young adults appear in smaller numbers. Overall, the town's residents, at an average age of just over 54, skew notably older than most cities in New Jersey. Home ownership is more common than renting in the area, and 20% of residents rent. The average rent of $1,174 a month is slightly below the state average.
Averaging about 30 minutes, Margate City's commute time is faster than the New Jersey average of about 34 minutes. Many residents (42%) drive to work, while public transportation isn't widely used. Walking isn't a common means of commuting to work.
Many Margate City residents work in one of three industries: entertainment, healthcare, and retail. Together, these industries make up 24% of the town's workforce. Meanwhile, looking at job function, many workers in these industries are in sales, which ranks as the top career path in the town. Margate City workers earn an average annual income of just under $90K, roughly the same as those elsewhere in New Jersey. However, Margate City compares more favorably to the national average of $73,345. Margate City has a high percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 11% possess a Master's or a Doctoral degree. In addition, 24% possess a Bachelor's degree, which also outpaces the national average.
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