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MapMap ViewMargate City, NJ 08402 has a population of approximately 6,200 and experiences a population change rate of -24.33%. The population density is 4,375.4 / sq mi .
The median household income for Margate City, NJ 08402 is $106,206, with 2,651 households and an average household size of 2.03.
The median value of a home in Margate City, NJ 08402 is $742,800 with an appreciation rate of 18.30%. 33.22% of housing in the state is owned while 5.27% is rented.
The cost of living in Margate City, NJ 08402 is 142.6 %.
The unemployment rate in Margate City, NJ 08402 is 4.10%, and recent job growth is at 3.51%. Future job growth is projected at 58.43%.
The sales tax rate in Margate City, NJ 08402 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Margate City, NJ 08402 are $24,409, and the school ratio is 11.2:1.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 42.1 inches per year, with 15.9 inches of snow per year.
