Margate City is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 6,237 people and three constituent neighborhoods, Margate City is the 281st largest community in New Jersey.
Housing costs in Margate City are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Margate City is a decidedly white-collar city, with fully 93.39% of the workforce employed in white-collar jobs, well above the national average. Overall, Margate City is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Margate City who work in office and administrative support (14.55%), management occupations (12.67%), and sales jobs (12.35%).
Another notable thing is that Margate City is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
In addition, Margate City is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
One of the nice things about Margate City is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
The education level of Margate City ranks among the highest in the nation. Of the 25-and-older adult population in Margate City, 46.24% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Margate City in 2010 was $54,351, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $217,404 for a family of four. However, Margate City contains both very wealthy and poor people as well.
The people who call Margate City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Margate City residents report their race to be White, followed by Black or African-American. Important ancestries of people in Margate City include Irish, German, Russian, and Polish.
The most common language spoken in Margate City is English. Other important languages spoken here include Spanish and Italian.