The median household income in Margate, FL in 2022 was $56,842, which was 21.9% less than the median annual income of $69,303 across the entire state of Florida. Compared to the median income of $38,722 in 2000 this represents an increase of 31.9%. The per capita income in 2022 was $32,687, which means an increase of 37.9% compared to 2000 when it was $20,308.
Whole page based on the data from 2000 / 2022 when the population of Margate, Florida was 53,909 / 58,580
Income statistics for all residents
Median household income in Margate, FL in 2022:
Margate:
$56,842
State:
$69,303
Change in median household income between 2000 and 2022:
Margate, Florida:
+46.8%
State:
+78.5%
Number of households with income < $10k:
Margate:
6.3% (1,635)
Florida:
5.6% (495,572)
Number of households with income $10k - 20k:
Margate:
10.8% (2,779)
Florida:
6.9% (612,816)
Number of households with income $20k - 30k:
Margate:
9.3% (2,394)
State:
7.7% (679,608)
Number of households with income $30k - 40k:
Margate:
8.6% (2,221)
Florida:
8.0% (710,126)
Number of households with income $40k - 50k:
Margate:
11.5% (2,956)
State:
7.8% (687,940)
Number of households with income $50k - 60k:
Margate:
5.5% (1,430)
Florida:
7.6% (675,076)
Number of households with income $60k - 75k:
Margate:
10.2% (2,624)
Florida:
9.7% (858,354)
Number of households with income $75k - 100k:
Margate:
13.2% (3,409)
State:
13.4% (1,181,540)
Number of households with income $100k - 125k:
Margate:
8.9% (2,300)
State:
9.6% (851,620)
Number of households with income $125k - 150k:
Margate:
5.7% (1,476)
State:
6.4% (560,854)
Number of households with income $150k - 200k:
Margate:
6.1% (1,574)
State:
7.7% (677,227)
Number of households with income > $200k:
Margate:
3.8% (971)
State:
9.5% (835,661)
Aggregate household income in Margate in 2022: $1,894,560,098
Median family income in Margate in 2022:
Margate:
$73,916
State:
$83,410
Number of families with income < $10k:
Margate:
1.9% (293)
State:
3.5% (196,709)
Number of families with income $10k - 20k:
Margate:
6.7% (1,052)
Florida:
3.9% (220,255)
Number of families with income $20k - 30k:
Margate:
7.6% (1,204)
State:
5.8% (332,003)
Number of families with income $30k - 40k:
Margate:
7.5% (1,180)
State:
6.9% (391,565)
Number of families with income $40k - 50k:
Margate:
10.9% (1,720)
State:
7.2% (407,691)
Number of families with income $50k - 60k:
Margate:
3.6% (572)
Florida:
7.3% (415,240)
Number of families with income $60k - 75k:
Margate:
12.5% (1,978)
State:
10.2% (580,095)
Number of families with income $75k - 100k:
Margate:
17.0% (2,693)
State:
14.6% (830,079)
Number of families with income $100k - 125k:
Margate:
11.0% (1,741)
Florida:
11.3% (640,676)
Number of families with income $125k - 150k:
Margate:
8.0% (1,266)
State:
7.8% (442,580)
Number of families with income $150k - 200k:
Margate:
8.3% (1,308)
State:
9.4% (536,171)
Number of families with income > $200k:
Margate:
5.0% (792)
State:
12.2% (691,335)
Median non-family income in Margate in 2022:
Margate:
$37,601
Florida:
$43,665
Change in median non-family income between 2000 and 2022:
Margate, Florida:
+67.6%
State:
+76.1%
Median per capita income in Margate in 2022:
Margate:
$32,687
State:
$40,278
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+61.0%
State:
+86.8%
Income statistics for White residents
Median household income in Margate, FL in 2022:
Margate:
$55,117
State:
$74,559
Change in median household income between 2000 and 2022:
Margate, Florida:
+45.0%
Florida:
+82.7%
Number of households with income < $10k:
Margate:
7.5% (778)
Florida:
4.9% (270,741)
Number of households with income $10k - 20k:
Margate:
11.6% (1,194)
State:
6.1% (337,688)
Number of households with income $20k - 30k:
Margate:
10.3% (1,069)
State:
7.2% (395,954)
Number of households with income $30k - 40k:
Margate:
9.5% (985)
Florida:
7.5% (411,553)
Number of households with income $40k - 50k:
Margate:
6.6% (681)
State:
7.5% (410,613)
Number of households with income $50k - 60k:
Margate:
8.3% (858)
State:
7.6% (416,709)
Number of households with income $60k - 75k:
Margate:
12.0% (1,244)
State:
9.5% (523,639)
Number of households with income $75k - 100k:
Margate:
11.5% (1,191)
State:
13.3% (732,030)
Number of households with income $100k - 125k:
Margate:
9.0% (929)
Florida:
10.2% (559,463)
Number of households with income $125k - 150k:
Margate:
2.8% (292)
State:
6.9% (379,323)
Number of households with income $150k - 200k:
Margate:
5.8% (595)
State:
8.3% (456,076)
Number of households with income > $200k:
Margate:
5.0% (516)
Florida:
11.1% (610,258)
Aggregate household income in Margate in 2022: $761,838,436
Median family income in Margate in 2022:
Margate:
$75,184
State:
$93,222
Number of families with income < $10k:
Margate:
2.5% (131)
State:
2.6% (89,721)
Number of families with income $10k - 20k:
Margate:
6.5% (341)
State:
3.0% (101,720)
Number of families with income $20k - 30k:
Margate:
6.1% (320)
State:
4.5% (154,795)
Number of families with income $30k - 40k:
Margate:
7.7% (404)
Florida:
5.7% (194,218)
Number of families with income $40k - 50k:
Margate:
6.0% (317)
Florida:
6.4% (219,550)
Number of families with income $50k - 60k:
Margate:
5.3% (280)
State:
7.0% (238,045)
Number of families with income $60k - 75k:
Margate:
15.1% (791)
Florida:
9.6% (328,141)
Number of families with income $75k - 100k:
Margate:
16.5% (866)
State:
14.8% (503,988)
Number of families with income $100k - 125k:
Margate:
14.5% (760)
State:
12.0% (409,184)
Number of families with income $125k - 150k:
Margate:
2.8% (144)
State:
8.8% (298,895)
Number of families with income $150k - 200k:
Margate:
9.8% (513)
State:
10.6% (359,290)
Number of families with income > $200k:
Margate:
7.4% (387)
State:
14.9% (507,279)
Median non-family income in Margate in 2022:
Margate:
$35,064
State:
$46,674
Change in median non-family income between 2000 and 2022:
Margate, Florida:
+59.4%
Florida:
+81.2%
Median per capita income in Margate in 2022:
Margate:
$39,784
State:
$48,094
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+82.8%
Florida:
+101.1%
Income statistics for Black or African American residents
Median household income in Margate, FL in 2022:
Margate:
$57,444
Florida:
$52,796
Change in median household income between 2000 and 2022:
Margate, Florida:
+32.2%
Florida:
+88.3%
Number of households with income < $10k:
Margate:
6.9% (504)
Florida:
8.6% (101,054)
Number of households with income $10k - 20k:
Margate:
6.3% (464)
Florida:
9.3% (110,079)
Number of households with income $20k - 30k:
Margate:
9.3% (679)
Florida:
10.4% (122,525)
Number of households with income $30k - 40k:
Margate:
9.3% (684)
Florida:
10.6% (124,619)
Number of households with income $40k - 50k:
Margate:
16.4% (1,204)
State:
8.7% (102,300)
Number of households with income $50k - 60k:
Margate:
2.4% (178)
State:
8.1% (95,745)
Number of households with income $60k - 75k:
Margate:
11.6% (850)
State:
10.1% (118,757)
Number of households with income $75k - 100k:
Margate:
15.9% (1,163)
Florida:
12.3% (144,919)
Number of households with income $100k - 125k:
Margate:
7.6% (557)
State:
8.1% (95,395)
Number of households with income $125k - 150k:
Margate:
6.3% (463)
State:
4.5% (53,276)
Number of households with income $150k - 200k:
Margate:
3.8% (277)
State:
5.4% (63,827)
Number of households with income > $200k:
Margate:
4.1% (299)
State:
3.9% (45,695)
Aggregate household income in Margate in 2022: $529,408,656
Median family income in Margate in 2022:
Margate:
$74,906
State:
$62,875
Number of families with income < $10k:
Margate:
1.0% (49)
Florida:
6.1% (46,041)
Number of families with income $10k - 20k:
Margate:
5.8% (276)
State:
6.1% (45,591)
Number of families with income $20k - 30k:
Margate:
10.2% (487)
Florida:
9.2% (69,363)
Number of families with income $30k - 40k:
Margate:
5.3% (255)
State:
10.1% (75,779)
Number of families with income $40k - 50k:
Margate:
10.4% (498)
State:
8.4% (63,129)
Number of families with income $50k - 60k:
Margate:
1.8% (86)
State:
7.6% (56,971)
Number of families with income $60k - 75k:
Margate:
14.9% (715)
Florida:
11.5% (86,172)
Number of families with income $75k - 100k:
Margate:
21.0% (1,006)
State:
13.7% (102,895)
Number of families with income $100k - 125k:
Margate:
10.4% (500)
State:
10.0% (74,750)
Number of families with income $125k - 150k:
Margate:
8.6% (412)
State:
5.6% (42,384)
Number of families with income $150k - 200k:
Margate:
4.7% (224)
Florida:
6.9% (51,824)
Number of families with income > $200k:
Margate:
5.8% (277)
State:
4.8% (36,292)
Median non-family income in Margate in 2022:
Margate:
$42,522
State:
$34,782
Change in median non-family income between 2000 and 2022:
Margate, Florida:
+23.5%
Florida:
+98.9%
Median per capita income in Margate in 2022:
Margate:
$28,531
State:
$26,700
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+93.4%
State:
+112.2%
Income statistics for Asian residents
Median household income in Margate, FL in 2022:
Margate:
$63,391
State:
$89,645
Change in median household income between 2000 and 2022:
Margate, Florida:
+39.7%
State:
+100.2%
Number of households with income < $10k:
Margate:
0.0% (0)
Florida:
4.8% (10,378)
Number of households with income $10k - 20k:
Margate:
20.0% (186)
State:
5.7% (12,222)
Number of households with income $20k - 30k:
Margate:
7.1% (66)
Florida:
5.9% (12,739)
Number of households with income $30k - 40k:
Margate:
7.9% (74)
State:
5.9% (12,759)
Number of households with income $40k - 50k:
Margate:
10.5% (98)
State:
5.6% (12,009)
Number of households with income $50k - 60k:
Margate:
4.4% (41)
Florida:
6.5% (14,158)
Number of households with income $60k - 75k:
Margate:
13.3% (124)
Florida:
7.7% (16,568)
Number of households with income $75k - 100k:
Margate:
14.9% (139)
State:
12.6% (27,273)
Number of households with income $100k - 125k:
Margate:
6.0% (56)
Florida:
10.1% (21,821)
Number of households with income $125k - 150k:
Margate:
9.7% (90)
State:
8.2% (17,650)
Number of households with income $150k - 200k:
Margate:
4.0% (37)
State:
11.2% (24,296)
Number of households with income > $200k:
Margate:
2.3% (21)
State:
15.9% (34,363)
Aggregate household income in Margate in 2022: $66,126,963
Median family income in Margate in 2022:
Margate:
$69,739
State:
$101,833
Number of families with income $10k - 20k:
Margate:
8.8% (63)
State:
3.7% (5,761)
Number of families with income $20k - 30k:
Margate:
7.1% (51)
State:
4.6% (7,266)
Number of families with income $30k - 40k:
Margate:
8.0% (57)
State:
6.1% (9,493)
Number of families with income $40k - 50k:
Margate:
12.7% (91)
State:
4.6% (7,273)
Number of families with income $50k - 60k:
Margate:
2.4% (17)
Florida:
6.6% (10,375)
Number of families with income $60k - 75k:
Margate:
17.7% (127)
State:
8.1% (12,670)
Number of families with income $75k - 100k:
Margate:
19.3% (138)
Florida:
12.6% (19,764)
Number of families with income $100k - 125k:
Margate:
6.5% (47)
State:
10.6% (16,619)
Number of families with income $125k - 150k:
Margate:
9.4% (68)
Florida:
9.2% (14,478)
Number of families with income $150k - 200k:
Margate:
5.3% (38)
Florida:
13.0% (20,414)
Number of families with income > $200k:
Margate:
2.9% (21)
State:
18.4% (28,899)
Median non-family income in Margate in 2022:
Margate:
$39,264
State:
$52,706
Change in median non-family income between 2000 and 2022:: -21.7%
Margate, Florida:
-21.7%
State:
+100.0%
Median per capita income in Margate in 2022:
Margate:
$31,272
State:
$46,365
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+83.3%
State:
+127.0%
Income statistics for Hispanic or Latino residents
Median household income in Margate, FL in 2022:
Margate:
$56,532
State:
$64,482
Change in median household income between 2000 and 2022:
Margate, Florida:
+35.4%
Florida:
+87.8%
Number of households with income < $10k:
Margate:
5.6% (364)
State:
5.9% (120,841)
Number of households with income $10k - 20k:
Margate:
16.3% (1,057)
State:
7.8% (158,824)
Number of households with income $20k - 30k:
Margate:
9.1% (593)
State:
7.8% (158,797)
Number of households with income $30k - 40k:
Margate:
8.2% (531)
State:
8.4% (171,736)
Number of households with income $40k - 50k:
Margate:
8.7% (568)
Florida:
8.5% (174,397)
Number of households with income $50k - 60k:
Margate:
3.3% (214)
Florida:
7.9% (160,816)
Number of households with income $60k - 75k:
Margate:
8.2% (533)
State:
10.6% (215,567)
Number of households with income $75k - 100k:
Margate:
8.7% (567)
State:
14.1% (288,590)
Number of households with income $100k - 125k:
Margate:
12.2% (792)
Florida:
9.4% (192,146)
Number of households with income $125k - 150k:
Margate:
8.0% (519)
State:
5.7% (115,883)
Number of households with income $150k - 200k:
Margate:
9.4% (609)
State:
6.8% (139,384)
Number of households with income > $200k:
Margate:
2.3% (152)
State:
7.0% (143,116)
Aggregate household income in Margate in 2022: $474,421,401
Median family income in Margate in 2022:
Margate:
$70,680
Florida:
$70,631
Number of families with income < $10k:
Margate:
2.0% (88)
State:
4.3% (62,648)
Number of families with income $10k - 20k:
Margate:
9.1% (400)
State:
4.8% (70,980)
Number of families with income $20k - 30k:
Margate:
8.9% (390)
Florida:
7.7% (112,768)
Number of families with income $30k - 40k:
Margate:
10.5% (458)
State:
8.3% (121,408)
Number of families with income $40k - 50k:
Margate:
8.0% (349)
State:
8.6% (127,058)
Number of families with income $50k - 60k:
Margate:
3.1% (136)
Florida:
8.2% (121,066)
Number of families with income $60k - 75k:
Margate:
9.4% (411)
State:
11.3% (165,746)
Number of families with income $75k - 100k:
Margate:
12.1% (528)
State:
14.5% (213,504)
Number of families with income $100k - 125k:
Margate:
10.6% (465)
Florida:
10.3% (151,829)
Number of families with income $125k - 150k:
Margate:
13.1% (575)
State:
6.4% (93,499)
Number of families with income $150k - 200k:
Margate:
10.0% (437)
Florida:
7.5% (109,536)
Number of families with income > $200k:
Margate:
3.2% (140)
State:
8.1% (118,912)
Median non-family income in Margate in 2022:
Margate:
$21,509
State:
$40,313
Change in median non-family income between 2000 and 2022:: -18.6%
Margate, Florida:
-18.6%
State:
+106.7%
Median per capita income in Margate in 2022:
Margate:
$29,453
Florida:
$30,491
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+106.4%
Florida:
+100.6%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Margate:
0.0% (0)
State:
5.8% (1,524)
Number of households with income $10k - 20k:
Margate:
0.0% (0)
State:
5.2% (1,374)
Number of households with income $20k - 30k:
Margate:
0.0% (0)
Florida:
9.5% (2,512)
Number of households with income $30k - 40k:
Margate:
0.0% (0)
Florida:
5.4% (1,420)
Number of households with income $40k - 50k:
Margate:
0.0% (0)
State:
10.0% (2,632)
Number of households with income $50k - 60k:
Margate:
100.0% (25)
Florida:
5.5% (1,437)
Number of households with income $60k - 75k:
Margate:
0.0% (0)
Florida:
13.9% (3,664)
Number of households with income $75k - 100k:
Margate:
0.0% (0)
State:
16.0% (4,217)
Number of households with income $100k - 125k:
Margate:
0.0% (0)
State:
9.4% (2,483)
Number of households with income $125k - 150k:
Margate:
0.0% (0)
Florida:
4.6% (1,204)
Number of households with income $150k - 200k:
Margate:
0.0% (0)
State:
8.7% (2,294)
Number of households with income > $200k:
Margate:
0.0% (0)
State:
6.1% (1,604)
Aggregate household income in Margate in 2022: $916,862
Median per capita income in Margate in 2022:
Margate:
$11,758
State:
$25,874
Change in median per capita income between 2000 and 2022:: -2.6%
Margate, Florida:
-2.6%
Florida:
+55.9%
Income statistics for Multirace residents
Median household income in Margate, FL in 2022:
Margate:
$82,538
State:
$66,563
Change in median household income between 2000 and 2022:
Margate, Florida:
+114.5%
State:
+110.9%
Number of households with income < $10k:
Margate:
3.1% (162)
State:
5.8% (83,509)
Number of households with income $10k - 20k:
Margate:
8.0% (417)
State:
8.3% (119,018)
Number of households with income $20k - 30k:
Margate:
11.3% (590)
State:
7.6% (108,964)
Number of households with income $30k - 40k:
Margate:
7.5% (393)
State:
7.8% (112,273)
Number of households with income $40k - 50k:
Margate:
9.7% (507)
Florida:
8.1% (116,736)
Number of households with income $50k - 60k:
Margate:
2.1% (110)
State:
7.5% (108,182)
Number of households with income $60k - 75k:
Margate:
4.7% (246)
Florida:
10.0% (142,830)
Number of households with income $75k - 100k:
Margate:
10.1% (530)
Florida:
14.3% (205,066)
Number of households with income $100k - 125k:
Margate:
14.4% (755)
State:
9.1% (130,357)
Number of households with income $125k - 150k:
Margate:
17.1% (899)
State:
5.8% (83,865)
Number of households with income $150k - 200k:
Margate:
11.5% (601)
Florida:
7.2% (103,107)
Number of households with income > $200k:
Margate:
0.6% (32)
State:
8.4% (120,637)
Aggregate household income in Margate in 2022: $448,103,909
Median family income in Margate in 2022:
Margate:
$118,582
State:
$74,522
Number of families with income < $10k:
Margate:
1.9% (67)
State:
3.9% (38,985)
Number of families with income $10k - 20k:
Margate:
2.4% (84)
State:
4.8% (48,964)
Number of families with income $20k - 30k:
Margate:
11.3% (402)
State:
7.2% (73,049)
Number of families with income $30k - 40k:
Margate:
7.8% (276)
State:
7.5% (76,278)
Number of families with income $40k - 50k:
Margate:
11.2% (397)
State:
8.2% (83,077)
Number of families with income $50k - 60k:
Margate:
3.2% (115)
State:
7.8% (78,864)
Number of families with income $60k - 75k:
Margate:
5.9% (212)
Florida:
10.8% (109,110)
Number of families with income $75k - 100k:
Margate:
7.1% (252)
State:
15.0% (151,268)
Number of families with income $100k - 125k:
Margate:
8.3% (294)
State:
10.2% (103,154)
Number of families with income $125k - 150k:
Margate:
24.1% (858)
State:
6.5% (65,923)
Number of families with income $150k - 200k:
Margate:
15.9% (565)
State:
8.1% (82,321)
Number of families with income > $200k:
Margate:
0.9% (32)
State:
9.9% (99,830)
Median non-family income in Margate in 2022:
Margate:
$42,396
Florida:
$40,061
Change in median non-family income between 2000 and 2022:
Margate, Florida:
+67.8%
Florida:
+90.4%
Median per capita income in Margate in 2022:
Margate:
$30,240
State:
$31,893
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+114.5%
State:
+136.0%
Income statistics for other residents
Median household income in Margate, FL in 2022:
Margate:
$51,426
State:
$61,316
Number of households with income < $10k:
Margate:
6.1% (130)
State:
6.1% (28,059)
Number of households with income $10k - 20k:
Margate:
28.2% (600)
State:
7.0% (32,348)
Number of households with income $20k - 30k:
Margate:
0.4% (9)
State:
8.0% (36,819)
Number of households with income $30k - 40k:
Margate:
3.4% (73)
State:
10.2% (47,209)
Number of households with income $40k - 50k:
Margate:
19.0% (405)
Florida:
9.3% (43,006)
Number of households with income $50k - 60k:
Margate:
6.3% (134)
State:
8.2% (38,018)
Number of households with income $60k - 75k:
Margate:
2.9% (62)
Florida:
11.4% (52,577)
Number of households with income $75k - 100k:
Margate:
15.2% (324)
State:
14.6% (67,588)
Number of households with income $100k - 125k:
Margate:
2.4% (50)
State:
9.0% (41,737)
Number of households with income $125k - 150k:
Margate:
1.9% (40)
Florida:
5.4% (24,841)
Number of households with income $150k - 200k:
Margate:
13.0% (277)
State:
5.9% (27,334)
Number of households with income > $200k:
Margate:
1.1% (23)
State:
5.0% (22,928)
Aggregate household income in Margate in 2022: $147,649,929
Median family income in Margate in 2022:
Margate:
$52,084
State:
$63,742
Number of families with income $10k - 20k:
Margate:
15.9% (216)
Florida:
5.1% (17,426)
Number of families with income $20k - 30k:
Margate:
0.7% (10)
State:
7.7% (26,250)
Number of families with income $30k - 40k:
Margate:
10.6% (144)
State:
10.2% (34,439)
Number of families with income $40k - 50k:
Margate:
29.4% (399)
State:
9.5% (32,195)
Number of families with income $50k - 60k:
Margate:
2.3% (31)
State:
8.6% (29,110)
Number of families with income $60k - 75k:
Margate:
4.9% (67)
State:
12.2% (41,408)
Number of families with income $75k - 100k:
Margate:
18.7% (254)
State:
14.5% (49,136)
Number of families with income $100k - 125k:
Margate:
3.5% (48)
State:
10.2% (34,390)
Number of families with income $125k - 150k:
Margate:
4.1% (56)
State:
5.7% (19,265)
Number of families with income $150k - 200k:
Margate:
8.5% (116)
State:
5.9% (20,086)
Number of families with income > $200k:
Margate:
1.3% (17)
State:
5.1% (17,418)
Median non-family income in Margate in 2022:
Margate:
$16,070
State:
$40,974
Change in median non-family income between 2000 and 2022:
Margate, Florida:
+37.3%
State:
+84.1%
Median per capita income in Margate in 2022:
Margate:
$31,411
State:
$27,276
Change in median per capita income between 2000 and 2022:
Margate, Florida:
+134.1%
Florida:
+138.6%
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