The median household income in Margate City, NJ in 2022 was $119,032, which was 19.1% greater than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $45,876 in 2000 this represents an increase of 61.5%. The per capita income in 2022 was $80,383, which means an increase of 58.2% compared to 2000 when it was $33,566.
Whole page based on the data from 2000 / 2022 when the population of Margate City, New Jersey was 8,193 / 5,356
Income statistics for all residents
Median household income in Margate City, NJ in 2022:
Margate City:
$119,033
State:
$96,346
Number of households with income < $10k:
Margate City:
3.3% (86)
State:
4.4% (155,271)
Number of households with income $10k - 20k:
Margate City:
4.6% (121)
New Jersey:
5.4% (189,888)
Number of households with income $20k - 30k:
Margate City:
4.9% (128)
New Jersey:
5.2% (183,402)
Number of households with income $30k - 40k:
Margate City:
4.3% (113)
New Jersey:
5.9% (206,969)
Number of households with income $40k - 50k:
Margate City:
4.1% (107)
New Jersey:
5.2% (184,153)
Number of households with income $50k - 60k:
Margate City:
4.9% (128)
New Jersey:
5.6% (197,270)
Number of households with income $60k - 75k:
Margate City:
3.8% (99)
State:
8.1% (284,245)
Number of households with income $75k - 100k:
Margate City:
10.1% (263)
State:
11.6% (408,272)
Number of households with income $100k - 125k:
Margate City:
16.7% (437)
New Jersey:
10.1% (354,738)
Number of households with income $125k - 150k:
Margate City:
8.6% (225)
State:
8.0% (281,341)
Number of households with income $150k - 200k:
Margate City:
9.1% (238)
State:
11.5% (404,977)
Number of households with income > $200k:
Margate City:
25.6% (669)
New Jersey:
18.9% (666,452)
Aggregate household income in Margate City in 2022: $433,961,441
Median family income in Margate City in 2022:
Margate City:
$144,933
New Jersey:
$117,988
Number of families with income < $10k:
Margate City:
1.1% (18)
State:
2.2% (53,316)
Number of families with income $10k - 20k:
Margate City:
1.8% (30)
New Jersey:
3.2% (74,986)
Number of families with income $20k - 30k:
Margate City:
0.8% (13)
New Jersey:
3.5% (82,889)
Number of families with income $30k - 40k:
Margate City:
2.6% (44)
New Jersey:
4.6% (109,787)
Number of families with income $40k - 50k:
Margate City:
2.9% (50)
State:
4.5% (107,202)
Number of families with income $50k - 60k:
Margate City:
3.7% (62)
New Jersey:
4.8% (114,765)
Number of families with income $60k - 75k:
Margate City:
4.5% (76)
New Jersey:
7.5% (179,372)
Number of families with income $75k - 100k:
Margate City:
12.8% (216)
State:
11.5% (274,497)
Number of families with income $100k - 125k:
Margate City:
9.9% (167)
State:
10.9% (260,033)
Number of families with income $125k - 150k:
Margate City:
11.3% (190)
State:
9.0% (214,872)
Number of families with income $150k - 200k:
Margate City:
13.7% (232)
State:
13.8% (328,605)
Number of families with income > $200k:
Margate City:
34.9% (589)
State:
24.3% (578,135)
Median non-family income in Margate City in 2022:
Margate City:
$49,240
State:
$54,589
Change in median non-family income between 2000 and 2022:
Margate City, New Jersey:
+77.7%
State:
+74.4%
Median per capita income in Margate City in 2022:
Margate City:
$80,384
State:
$51,272
Change in median per capita income between 2000 and 2022:
Margate City, New Jersey:
+139.5%
New Jersey:
+89.9%
Income statistics for White residents
Median household income in Margate City, NJ in 2022:
Margate City:
$114,235
State:
$105,428
Change in median household income between 2000 and 2022:
Margate City, New Jersey:
+146.0%
State:
+78.2%
Number of households with income < $10k:
Margate City:
4.0% (98)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Margate City:
4.6% (113)
New Jersey:
4.3% (90,086)
Number of households with income $20k - 30k:
Margate City:
6.0% (146)
New Jersey:
4.7% (99,511)
Number of households with income $30k - 40k:
Margate City:
4.8% (117)
State:
5.2% (109,051)
Number of households with income $40k - 50k:
Margate City:
3.5% (86)
State:
4.9% (101,931)
Number of households with income $50k - 60k:
Margate City:
4.5% (109)
New Jersey:
5.4% (112,379)
Number of households with income $60k - 75k:
Margate City:
4.3% (104)
New Jersey:
7.7% (162,379)
Number of households with income $75k - 100k:
Margate City:
9.0% (220)
State:
11.6% (242,478)
Number of households with income $100k - 125k:
Margate City:
15.2% (370)
State:
10.4% (218,622)
Number of households with income $125k - 150k:
Margate City:
7.9% (193)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Margate City:
7.8% (191)
State:
12.5% (262,429)
Number of households with income > $200k:
Margate City:
28.4% (694)
State:
21.3% (446,393)
Aggregate household income in Margate City in 2022: $411,143,872
Median family income in Margate City in 2022:
Margate City:
$147,820
New Jersey:
$133,117
Number of families with income < $10k:
Margate City:
0.6% (9)
State:
1.5% (21,094)
Number of families with income $10k - 20k:
Margate City:
1.0% (15)
New Jersey:
1.9% (26,388)
Number of families with income $20k - 30k:
Margate City:
0.9% (14)
State:
2.4% (33,161)
Number of families with income $30k - 40k:
Margate City:
2.3% (35)
New Jersey:
3.2% (43,969)
Number of families with income $40k - 50k:
Margate City:
2.9% (44)
New Jersey:
3.5% (48,685)
Number of families with income $50k - 60k:
Margate City:
2.5% (39)
New Jersey:
4.1% (57,095)
Number of families with income $60k - 75k:
Margate City:
5.4% (83)
New Jersey:
6.7% (92,267)
Number of families with income $75k - 100k:
Margate City:
11.6% (178)
State:
11.5% (158,630)
Number of families with income $100k - 125k:
Margate City:
9.8% (150)
State:
11.5% (158,059)
Number of families with income $125k - 150k:
Margate City:
11.3% (173)
New Jersey:
9.8% (134,575)
Number of families with income $150k - 200k:
Margate City:
12.4% (189)
New Jersey:
15.5% (212,728)
Number of families with income > $200k:
Margate City:
39.2% (599)
State:
28.3% (389,541)
Median non-family income in Margate City in 2022:
Margate City:
$48,759
New Jersey:
$58,680
Change in median non-family income between 2000 and 2022:
Margate City, New Jersey:
+75.7%
State:
+81.6%
Median per capita income in Margate City in 2022:
Margate City:
$87,037
State:
$61,044
Income statistics for Black or African American residents
Median per capita income in Margate City in 2022:
Margate City:
$32,969
State:
$35,632
Change in median per capita income between 2000 and 2022:: -20.6%
Margate City, New Jersey:
-20.6%
State:
+104.7%
Income statistics for Asian residents
Median household income in Margate City, NJ in 2022:
Margate City:
$92,234
State:
$144,878
Change in median household income between 2000 and 2022:: -8.4%
Margate City, New Jersey:
-8.4%
State:
+100.6%
Number of households with income < $10k:
Margate City:
0.0% (0)
State:
3.8% (12,441)
Number of households with income $10k - 20k:
Margate City:
0.0% (0)
State:
3.1% (9,957)
Number of households with income $20k - 30k:
Margate City:
0.0% (0)
State:
3.1% (10,104)
Number of households with income $30k - 40k:
Margate City:
0.0% (0)
State:
3.6% (11,819)
Number of households with income $40k - 50k:
Margate City:
43.1% (31)
State:
2.6% (8,334)
Number of households with income $50k - 60k:
Margate City:
0.0% (0)
State:
3.6% (11,799)
Number of households with income $60k - 75k:
Margate City:
0.0% (0)
New Jersey:
5.4% (17,671)
Number of households with income $75k - 100k:
Margate City:
6.9% (5)
State:
9.0% (29,301)
Number of households with income $100k - 125k:
Margate City:
41.7% (30)
New Jersey:
9.6% (31,368)
Number of households with income $125k - 150k:
Margate City:
0.0% (0)
State:
8.1% (26,318)
Number of households with income $150k - 200k:
Margate City:
0.0% (0)
State:
14.3% (46,703)
Number of households with income > $200k:
Margate City:
8.3% (6)
State:
33.8% (110,048)
Aggregate household income in Margate City in 2022: $5,334,008
Median family income in Margate City in 2022:
Margate City:
$2,367
New Jersey:
$162,032
Number of families with income < $10k:
Margate City:
58.6% (34)
New Jersey:
1.9% (4,949)
Number of families with income $40k - 50k:
Margate City:
23.4% (13)
State:
2.1% (5,357)
Number of families with income $75k - 100k:
Margate City:
7.0% (4)
State:
7.9% (20,102)
Number of families with income > $200k:
Margate City:
11.0% (6)
New Jersey:
38.9% (99,016)
Median per capita income in Margate City in 2022:
Margate City:
$42,349
State:
$62,411
Change in median per capita income between 2000 and 2022:
Margate City, New Jersey:
+149.4%
State:
+126.3%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Margate City:
0.0% (0)
State:
4.6% (29,004)
Number of households with income $10k - 20k:
Margate City:
60.0% (21)
New Jersey:
7.9% (50,233)
Number of households with income $20k - 30k:
Margate City:
0.0% (0)
New Jersey:
6.7% (42,724)
Number of households with income $30k - 40k:
Margate City:
0.0% (0)
State:
8.3% (52,621)
Number of households with income $40k - 50k:
Margate City:
0.0% (0)
State:
6.6% (41,539)
Number of households with income $50k - 60k:
Margate City:
0.0% (0)
State:
6.9% (43,976)
Number of households with income $60k - 75k:
Margate City:
0.0% (0)
State:
10.4% (66,157)
Number of households with income $75k - 100k:
Margate City:
0.0% (0)
State:
12.7% (80,102)
Number of households with income $100k - 125k:
Margate City:
0.0% (0)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Margate City:
0.0% (0)
New Jersey:
7.6% (47,874)
Number of households with income $150k - 200k:
Margate City:
40.0% (14)
State:
8.3% (52,287)
Number of households with income > $200k:
Margate City:
0.0% (0)
State:
9.9% (62,842)
Aggregate household income in Margate City in 2022: $3,064,767
Median per capita income in Margate City in 2022:
Margate City:
$36,450
State:
$30,987
Change in median per capita income between 2000 and 2022:
Margate City, New Jersey:
+114.7%
State:
+109.3%
Income statistics for Multirace residents
Median household income in Margate City, NJ in 2022:
Margate City:
$226,138
New Jersey:
$84,272
Number of households with income < $10k:
Margate City:
4.8% (4)
New Jersey:
4.4% (15,172)
Number of households with income $10k - 20k:
Margate City:
0.0% (0)
New Jersey:
7.1% (24,399)
Number of households with income $20k - 30k:
Margate City:
0.0% (0)
State:
5.8% (19,827)
Number of households with income $30k - 40k:
Margate City:
0.0% (0)
New Jersey:
6.7% (23,047)
Number of households with income $40k - 50k:
Margate City:
0.0% (0)
New Jersey:
5.9% (20,379)
Number of households with income $50k - 60k:
Margate City:
0.0% (0)
State:
5.8% (19,984)
Number of households with income $60k - 75k:
Margate City:
0.0% (0)
State:
9.4% (32,244)
Number of households with income $75k - 100k:
Margate City:
0.0% (0)
State:
12.8% (43,746)
Number of households with income $100k - 125k:
Margate City:
0.0% (0)
State:
10.4% (35,588)
Number of households with income $125k - 150k:
Margate City:
0.0% (0)
New Jersey:
7.7% (26,354)
Number of households with income $150k - 200k:
Margate City:
95.2% (79)
State:
9.9% (33,977)
Number of households with income > $200k:
Margate City:
0.0% (0)
New Jersey:
14.1% (48,377)
Aggregate household income in Margate City in 2022: $8,335,867
Median family income in Margate City in 2022:
Margate City:
$208,791
State:
$91,937
Number of families with income $150k - 200k:
Margate City:
100.0% (54)
New Jersey:
11.4% (27,656)
Median per capita income in Margate City in 2022:
Margate City:
$78,176
New Jersey:
$36,016
Income statistics for other residents
Number of households with income < $10k:
Margate City:
0.0% (0)
New Jersey:
4.7% (13,969)
Number of households with income $10k - 20k:
Margate City:
100.0% (19)
State:
8.9% (26,341)
Number of households with income $20k - 30k:
Margate City:
0.0% (0)
State:
7.1% (21,158)
Number of households with income $30k - 40k:
Margate City:
0.0% (0)
State:
9.6% (28,479)
Number of households with income $40k - 50k:
Margate City:
0.0% (0)
State:
6.6% (19,415)
Number of households with income $50k - 60k:
Margate City:
0.0% (0)
State:
7.5% (22,348)
Number of households with income $60k - 75k:
Margate City:
0.0% (0)
State:
10.5% (31,179)
Number of households with income $75k - 100k:
Margate City:
0.0% (0)
State:
13.3% (39,515)
Number of households with income $100k - 125k:
Margate City:
0.0% (0)
State:
9.4% (27,806)
Number of households with income $125k - 150k:
Margate City:
0.0% (0)
State:
7.1% (20,898)
Number of households with income $150k - 200k:
Margate City:
0.0% (0)
New Jersey:
7.8% (23,101)
Number of households with income > $200k:
Margate City:
0.0% (0)
New Jersey:
7.4% (21,791)
Aggregate household income in Margate City in 2022: $3,423,131
Median per capita income in Margate City in 2022:
Margate City:
$13,025
State:
$27,830
Change in median per capita income between 2000 and 2022:
Margate City, New Jersey:
+27.5%
New Jersey:
+117.5%
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-20.6%
+104.7%
