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Economy & jobs
Statistics · City
estimate
Median household income in Margate
2013 – 2024 · 12 data points
283 of 386 · Towns of Florida
Updated Nov 2, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$62,450
+2.6%
since 2023 ± $7,066 · margin of error
Towns of Florida · 2024
283 of 386
Place 1 is the highest value.
since 2014
+47%
+3.7% a year on average
vs Broward County
−20%
Broward County: $77,633 · 2024
Median household income, 2013 – 2024 US Dollar · Margate · Broward County · Florida · United States
+47% since 2014
$40,000
$60,000
$80,000
$100K
2013
2016
2018
2020
2024
Margate
Broward County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Margate · 2013 – 2024
Latest value
$62,450 · 2024
First value
$42,029 · 2013
Highest
$62,450 · 2024
Lowest
$42,029 · 2013
Average change
+3.7% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Margate | ± | Change | Broward County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $62,450 | $7,066 | +2.6% | $77,633 | $74,568 | $80,734 |
| 2023estimate | $60,852 | $6,429 | +8.0% | $74,534 | $71,711 | $78,538 |
| 2022estimate | $56,324 | $6,060 | +6.5% | $70,331 | $67,917 | $75,149 |
| 2021estimate | $52,881 | $5,596 | +14% | $64,522 | $61,777 | $69,021 |
| 2020estimate | $46,460 | $4,000 | +1.9% | $60,922 | $57,703 | — |
| 2019estimate | $45,594 | $2,591 | −0.2% | $59,547 | $55,660 | — |
| 2018estimate | $45,667 | $2,861 | +4.3% | $57,333 | $53,267 | — |
| 2017estimate | $43,782 | $1,995 | +3.2% | $54,895 | $50,883 | — |
| 2016estimate | $42,430 | $2,130 | −0.8% | $52,954 | $48,900 | — |
| 2015estimate | $42,786 | $2,350 | +0.4% | $51,968 | $47,507 | — |
| 2014estimate | $42,599 | $1,994 | +1.4% | $51,574 | $47,212 | — |
| 2013estimate | $42,029 | $1,386 | $51,251 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 1 | Golden Beach | $236K | |
| 2 | Jupiter Island | $220K | |
| 3 | Sea Ranch Lakes | $216K | |
| 4 | Pinecrest | $206K | |
| 5 | Parkland | $199K | |
| 6 | South Beach | $194K | |
| 7 | Key Biscayne | $182K | |
| 8 | Palm Beach | $168K | |
| 9 | Belleair Beach | $164K | |
| 10 | Southwest Ranches | $161K | |
| 11 | Longboat Key | $158K | |
| 12 | Duck Key | $157K | |
| 13 | Lake Clarke Shores | $157K | |
| 14 | Indian River Shores | $156K | |
| 15 | Naples | $153K | |
| 16 | Tierra Verde | $151K | |
| 17 | Layton | $150K | |
| 18 | Highland Beach | $145K | |
| 19 | Miami Shores | $144K | |
| 20 | Seville | $143K | |
| 21 | Palmetto Bay | $142K | |
| 22 | Manasota Key | $142K | |
| 23 | Nocatee | $142K | |
| 24 | Fruit Cove | $142K | |
| 25 | Weston | $140K | |
| … | |||
| 280 | Horseshoe Beach | $62,768 | |
| 281 | Palmetto | $62,621 | |
| 282 | Miami | $62,462 | |
| 283 | Margate | $62,450 | |
| 284 | Crystal Springs | $62,375 | |
| 285 | Panama City | $62,265 | |
| 286 | Largo | $62,096 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Margate in numbers
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$174B
2024 · Broward County
Economic growth
2.5%
2024 · Broward County
Inflation
2.9%
2024 · United States
Unemployment rate
3.6%
2025
Unemployment rate, latest month
4.2%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
63.2%
2024
Labour force
32,980
2025
Household income per person
$64,167
2024 · Florida