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Margate City, New Jersey   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Margate City: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Entertainment
-Nearby beaches
-Favorable climate

Cons

-Tourist impact
-Cost of living
-Arts and culture


What Bert Has To Say About Atlantic City-Hammonton Metro Area


Atlantic City lies on a barrier island on the south coast of New Jersey. Once a popular resort area for residents of New York and Philadelphia from the 1850’s, (the street names in the board game “Monopoly” are taken from downtown streets), the city went into decline after World War II as better travel and transportation services made other destinations accessible. The return to legalized gambling in the late 1970s was a partially successful attempt to revive the earlier prominence.


Bert Suggests test-driving a neighborhood in Margate City with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Margate City


    ECONOMY
    The unemployment rate in Margate City is 7.10 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Margate City jobs have Decreased by 2.53 percent.
    COST OF LIVING
    Compared to the rest of the country, Margate City's cost of living is 48.30% Higher than the U.S. average.
    POPULATION
    As of 2014, Margate City's population is 6,237 people. Since 2000, it has had a population growth of -26.02 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Margate City is $433,800. Home appreciation the last 10 years has been 7.75%.
    SCHOOLS
    Margate City public schools spend $29,497 per student. The average school expenditure in the U.S. is $12,383. There are about 9.9 students per teacher in Margate City.

Margate City Ranked & Rated



Margate City Housing Market


It's a good time to buy in Margate City. Home Appreciation is up 4.2% in the last 12 months. Browse Margate City Real Estate.
The median home price in Margate City is $433,800. Browse Homes in this Range.
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