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 91.19% 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 service providers. There are especially a lot of people living in Margate City who work in office and administrative support (14.83%), sales jobs (13.28%), and management occupations (9.87%).
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". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Margate City is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Margate City is one of the most well-educated cities in the nation. 42.98% of adults in Margate City have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Margate City in 2010 was $51,880, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $207,520 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 Asian. Important ancestries of people in Margate City include Italian, Russian, German, and Polish.
The most common language spoken in Margate City is English. Other important languages spoken here include Spanish and Italian.