What percentage of people rent in Margate City, NJ?

10.0% (±3.6 points) of the occupied homes in Margate City, NJ are rented (2020–2024 American Community Survey).

That is 257 renting households against 2,313 that own their home.

In Margate City, the share of households that rent went from 18.9% in 2015–2019 to 10.0% in 2020–2024 (−8.9 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
10.0% (±3.6 points)
Renting households
257 (±94)
Median renter income
$62,708 (±$34,234)

Who rents and who owns in Margate City

Tenure, estimate (90% margin of error)
Margate CityAtlantic CountyNew JerseyUnited States
Renter-occupied share10.0% (±3.6 points)31.3% (±1.1 points)36.2% (±0.2 points)34.8%
Renting households257 (±94)34,276 (±1,309)1,268,573 (±8,082)45,017,354
Owning households2,313 (±178)75,281 (±1,322)2,239,128 (±10,678)84,210,142
Average renter household size1.8 (±0.4)2.4 (±0.1)2.4 (±0.0)2.3
Average owner household size2.1 (±0.1)2.5 (±0.0)2.8 (±0.0)2.6
Median renter household income$62,708 (±$34,234)$43,528 (±$2,389)$62,674 (±$718)$52,966
Median owner household income$131,958 (±$14,032)$97,395 (±$2,734)$133,477 (±$624)$100,009

In Margate City, the renter share is lower than in Atlantic County (31.3%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Atlantic County, Margate City ranks 17 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 454 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Margate City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.9% (±3.9 points)10.0% (±3.6 points)−8.9 percentage pointsMeasurable decrease
Median gross rent$1,315 (±$78)$1,347 (±$237)+2.4%Down after inflation
Median household income$83,045 (±$13,368)$121,800 (±$16,675)+46.7%No measurable change 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.

Households that rent in places near Margate City

Nearest places with a published estimate, compared with Margate City
PlaceDistanceHouseholds that rentCompared with this place
Margate City—10.0% (±3.6 points)—
Ventnor City1.5 mi37.7% (±7.0 points)Higher
Longport Borough1.7 mi9.0% (±5.1 points)Not measurably different
Linwood3.5 mi6.1% (±2.5 points)Not measurably different
Northfield3.9 mi11.7% (±4.9 points)Not measurably different
Pleasantville4.0 mi52.0% (±5.4 points)Higher
Atlantic City4.4 mi69.7% (±2.3 points)Higher
Bargaintown5.2 mi4.5% (±4.1 points)Lower
Somers Point5.4 mi47.6% (±4.9 points)Higher

Nearby places with a measurably lower figure: Bargaintown, NJ (4.5%).

Nearby places with a measurably higher figure: Ventnor City, NJ (37.7%), Pleasantville, NJ (52.0%), Atlantic City, NJ (69.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Atlantic County, place by place

RankPlaceHouseholds that rent
11Galloway Township20.2% (±3.1 points)
12Egg Harbor Township15.6% (±2.5 points)
13Weymouth Township14.3% (±8.9 points)
14Corbin City13.6% (±8.4 points)
15Northfield11.7% (±4.9 points)
16Buena Vista Township10.8% (±7.2 points)
17Margate City10.0% (±3.6 points)
18Longport Borough9.0% (±5.1 points)
19Mullica Township7.6% (±4.7 points)
20Folsom Borough6.9% (±3.8 points)
21Linwood6.1% (±2.5 points)
22Port Republic4.2% (±3.9 points)
23Estell Manor3.6% (±3.3 points)

Showing 13 of 23 places in Atlantic County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Margate City

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Questions about Margate City

How many renters are there in Margate City?

Margate City has an estimated 257 (±94) renting households, 10.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Margate City?

In Margate City, the share of households that rent went from 18.9% in 2015–2019 to 10.0% in 2020–2024 (−8.9 percentage points), a measurable decrease.

How big are renting households in Margate City?

A renting household in Margate City has 1.8 people on average, against 2.1 in an owned home.

How much do renters earn in Margate City?

The median renting household in Margate City, NJ has an income of $62,708 (±$34,234) a year, against $131,958 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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