Margate City vs Newark
| Margate City | Newark | |
|---|---|---|
| Population | 5,331 | 307,355 |
| Median Household Income | $121,800 | $52,060 |
| Median Home Value | $708,800 | $373,700 |
| Median Gross Rent | $1,347/mo | $1,392/mo |
| Homeownership Rate | 90.0% | 24.4% |
| Unemployment Rate | 4.1% | 11.6% |
| Bachelor's Degree or Higher | 57.7% | 19.7% |
| Median Age | 57.5 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.