Margate, FL Utility & Living Guide
Margate, FL offers a suburban feel with easy access to beaches and urban amenities.
Total Utilities$255/mo
1BR Rent$1400/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$380,000
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⚠️ Natural Hazard History — Margate
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨👩👧 Families
🧮 Tools
Monthly Utility Costs
⚡ Electric
$120/mo
Florida Power & Light
🔥 Gas
—
N/A
💧 Water
$45/mo
City of Margate Utilities
🗑️ Garbage
$25/mo
City of Margate
📶 Internet
$65/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $1000 |
Margate has a mix of affordable mid-century homes and newer developments. Rental options are plentiful but rising in cost due to demand.
Cost of Living
Overall COL Index
105
US national avg = 100
vs National Avg
+5% above national average
Groceries
102
Transportation
98
Healthcare
100
Childcare/mo
$1000
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 7.5% |
| Property Tax Rate | 1.1% |
| <p>State 6% + County 1.5%</p> | |
Florida has no state income tax.
Family & Relocation
Family Vibe Score
6/10
Safety Index
50
Higher = safer
School Rating
6.5/10
GreatSchools avg
Avg Childcare
$1000/mo
City Pulse
Population Trend
+3% growing
Political Climate
Purple
Business Momentum
Moderate with healthcare and retail growth
Top Local Concerns
flooding, traffic congestion, rising housing costs
🚌 Transit for Families
Sidewalks are common but public transit is limited; car-dependent.
🎡 Top Kid Attractions
- Seminole Casino Coconut Creek
- Margate Sports Complex
- Firefighters Park
Best Neighborhoods for Families
Coral Gate and Margate Estates offer parks and top-rated schools. Proximity to Coconut Creek amenities is a plus.
Household Budget Calculator
Estimate your real monthly cost of living in Margate based on your household profile.
Local Briefing & Neighborhood Pulse
Live Local News
Short-term rental restrictions apply; hurricane building codes are strict.
Home values are rising steadily due to migration from pricier coastal areas. Remote work is boosting demand for larger homes.
Financial Tools
Calculators
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
Planning Tools
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Margate — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
💰 Median Household Income
$52,881
👤 Median Age
46.6
🏠 Homeownership Rate
74.2%
🔑 Renter Rate
25.8%
📉 Poverty Rate
12.3%
💼 Unemployment Rate
4.1%
📡 Internet Access
87.6%
🎓 College Educated
22.3%