Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Schools
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Located in the state of New Jersey, Margate City is a smaller city with a population of 5,921 inhabitants. In Margate City, there are 4,181 people per square mile, which is well above the national population density average. According to the most recent Census, 95% of Margate City residents are White, 1% Black and 1% Asian. With an average age of 58 years, Margate City residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Margate City, your commute times will be about average, with a one way commute time of 29 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Margate City, New Jersey could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Margate City and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
With a livability score of 73/100, Margate City is ranked #4,419 in the United States and #172 in New Jersey. There are nine total categories that create the livability score. Margate City scores well for crime (A-), education (A+) and housing (B-) There is at least one category that did not score well in Margate City. The following was graded with a less than perfect score: amenities (F) and cost of living (F).
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 58 crimes per 100,000 residents, which signifies that Margate City boasts an impressively low violent crime rate that falls well below the national average.
The Margate City unemployment rate of 2.13% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Margate City have an average test score of 82%, which is well above the US average.
Finding affordable real estate and housing in Margate City can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Margate City meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Margate City. Everything else becomes a lot less important if it turns out that home prices in Margate City are simply unattainable. The median home price for Margate City homes is $490,400, which is 55% higher than the New Jersey average. If we take a closer look at the affordability of homes in Margate City, we’ll see that the home price to income ratio is 4.8, which is 11.6% higher than the New Jersey average.
| Statistic | Margate City | New Jersey | National |
| Average one way commute | 29min | 31min | 26min |
| Workers who drive to work | 69.5% | 71.7% | 76.4% |
| Workers who carpool | 15.1% | 8.1% | 9.3% |
| Workers who take public transit | 0.9% | 11.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 3.5% | 3.0% | 2.8% |
| Working from home | 10.1% | 4.1% | 4.6% |
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