Margate, FL Real Estate
According to census data in the year 2000 there were 24,731 housing units in Margate.
This represents a 14.2% growth from 21,647 in 1990.
Of those housing units, 24,731 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Margate is about 80%.
Margate's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Margate were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||0.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1978|
|Median Value of occupied units||$109,500|
|Median Price asked for vacant units||$92,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1982|
|Median Monthly Rent asked for vacant units||$749|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.5%|