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AREA INFORMATION

08402 (Margate City, NJ)

Explore the real estate in 08402 (Margate City, NJ)

Area Highlights

08402 (Margate City, NJ) residents have a median age of 58 years old, with employment highest in the food and personal care industries.

5,432 Population

The population has increased by 0.1% since the year 2010.

2,600 Households

$120,551 /yr
Median Household Income

$945,000
Median Home Sale Price

25m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

58 Median Age

Average Household Size

2.1
persons per
household

52.1%

Married Households

Community Population By Education

Graduate Degree 32%
Bachelors Degree 25%
High School Graduate 17%
Some College 14%
Associates Degree 9%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 32.07% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
16.3% of households have children

Area Schools

PK-4
0.2 MILES
A
William H. Ross Iii Elementary School
5-8
0.4 MILES
A
Eugene A. Tighe Middle School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$120,551 /yr
Median Household Income
$945,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 24.08% of the households.

Transportation to Work

  • Drive 80%
  • Work from Home 14%
  • Walk or Bike 6%
  • Public Transit 1%

Occupancy by Type

Vacant 4,334 63%
Owned 2,265 33%
Rented 335 5%

White vs Blue Collar Jobs







White Collar 93%
Blue Collar 7%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 58 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 3%
Other 1%
Asian 1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 3%, Other at 1%, and Asian at 1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

82° July
Hottest Average Month
26° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
41°
Feb
28°
43°
Mar
34°
49°
Apr
43°
59°
May
52°
68°
Jun
62°
77°
Jul
67°
82°
Aug
67°
81°
Sep
60°
75°
Oct
49°
66°
Nov
40°
55°
Dec
31°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$5,750,000
For sale
5 beds • 5 baths • 1 half baths

407 N Pembroke Ave
Margate, NJ 08402

$1,999,000
For sale
5 beds • 3 baths • 2 half baths • 4,153 sqft

9009 Ventnor Ave
Margate, NJ 08402

$3,850,000
For sale
5 beds • 4 baths • 1 half baths

316 N Thurlow Ave
Margate, NJ 08402

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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