Is Margate City, NJ growing?
Margate City, NJ had an estimated 5,234 (±21) residents in 2020–2024, against 5,997 in 2015–2019.
That is a change of −12.7%, a measurable decrease.
Its housing went from 7,067 to 6,877 homes (−2.7%), not a measurable change.
3.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 5,234 (±21)
- Amount of change
- −12.7%
- Homes change
- −2.7%
- Built 2020 or later
- 3.1%
Residents and homes in Margate City, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,997 (±20) | 5,234 (±21) | −12.7% | Measurable decrease |
| Housing units | 7,067 (±171) | 6,877 (±234) | −2.7% | Not a measurable change |
| Households that rent | 18.9% (±3.9 points) | 10.0% (±3.6 points) | −8.9 percentage points | Measurable decrease |
| Median gross rent | $1,315 (±$78) | $1,347 (±$237) | +2.4% | Down after inflation |
| Median home value | $483,700 (±$29,372) | $708,800 (±$74,471) | +46.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Margate City against Atlantic County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Margate City | −12.7% | Measurable decrease | −2.7% |
| Atlantic County | +3.8% | Measurable increase | +3.1% |
| New Jersey | +5.2% | Measurable increase | +4.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Margate City
| Year built | Margate City | Atlantic County | New Jersey | United States |
|---|---|---|---|---|
| 2020 or later | 3.1% (±1.4 points) | 1.0% | 1.1% | 2.0% |
| 2010 to 2019 | 12.2% (±2.5 points) | 5.4% | 6.2% | 9.4% |
| 2000 to 2009 | 7.1% (±2.1 points) | 14.0% | 9.2% | 13.6% |
15.3% of the homes in Margate City were built in 2010 or later.
The median age of residents is 57.5 years.
Growth in places near Margate City
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Margate City | — | 5,234 | −12.7% | Measurable decrease |
| Ventnor City | 1.5 mi | 9,265 | −8.2% | Measurable decrease |
| Longport Borough | 1.7 mi | 901 | +3.7% | Not a measurable change |
| Linwood | 3.5 mi | 6,992 | +3.7% | Measurable increase |
| Northfield | 3.9 mi | 8,456 | +3.7% | Measurable increase |
| Pleasantville | 4.0 mi | 20,712 | +2.0% | Measurable increase |
| Atlantic City | 4.4 mi | 38,632 | +1.7% | Measurable increase |
| Somers Point | 5.4 mi | 10,515 | +1.9% | Measurable increase |
| Absecon | 6.4 mi | 9,170 | +9.7% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Margate City
Is Margate City growing?
Margate City, NJ had an estimated 5,234 residents in 2020–2024 and 5,997 in 2015–2019, a change of −12.7%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Margate City?
The estimated number of housing units went from 7,067 in 2015–2019 to 6,877 in 2020–2024 (−2.7%), not a measurable change.
How much new construction is there in Margate City?
3.1% of homes in Margate City were built in 2020 or later and 12.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Margate City city, Atlantic County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Margate City city, Atlantic County, New Jersey (county subdivision:43890, in state:34 county:001).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Margate City at a glance
- Median rent in Margate City
- Rent by bedrooms in Margate City
- Renters and owners in Margate City
- Income and affordability in Margate City
- Home values in Margate City
- Homeowner costs in Margate City
- Property taxes in Margate City
- Types of homes in Margate City
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- Age of homes in Margate City
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- Crime reported to police in Margate City
- How long people stay in Margate City
- Crowding and facilities in Margate City
- New Jersey landlord and tenant rules
- Housing across Atlantic County
- Housing data for every place in New Jersey