Florida / Broward County / Margate

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Margate

City, Broward County. Population 58,727 (2025), +0.3% on the prior year, 0.0% since 2020 Last updated 2026-10-04.

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BusinessFlare® GIS, live. 8.76 square miles of land inside the limits.

Population

2025
BEBR, April 1, 202558,727BusinessFlare® estimate, April 1, 202658,727Population, April 1, 1979 to 2025197959.1k high2025

BEBR's April 1, 2025 figure carried to April 1, 2026 at Broward County's growth rate of 0.65% a year, the annual rate in EDR's Demographic Estimating Conference county estimate for 2025 and medium projection for 2030, with the county's net new residents shared out to its places by their share of the county's net new residential units between the 2025 final and 2026 preliminary tax rolls.

Change since the prior year+0.3%2024 to 2025
Change since 20200.0%2020 to 2025
Census 202058,7122020

University of Florida Bureau of Economic and Business Research, Florida Estimates of Population, retrieved 2026-10-01; Florida Office of Economic and Demographic Research, Demographic Estimating Conference: Projections of Florida Population by County, with Estimates for the base year, retrieved 2026-10-04 | Population estimates

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Basis of the latest figureestimate2025

Population by year

April 1 of each year. Basis is census in a census year, otherwise BEBR's estimate.

YearPopulationBasisChange
202558,727estimate+0.3%
202458,544estimate-0.3%
202358,725estimate-0.1%
202258,760estimate+0.1%
202158,714estimate0.0%
202058,712census-0.7%
201959,116estimate+1.3%
201858,329estimate+0.6%
201757,961estimate+1.3%
201657,226estimate+2.5%
201555,851estimate+0.8%
201455,417estimate+0.3%
201355,245estimate+0.2%
201255,116estimate+2.6%
201153,714estimate+0.8%
201053,284census+0.1%
200953,207estimate-1.8%
200854,180estimate-2.7%
200755,661estimate+0.6%
200655,332estimate+0.6%
200554,982estimate+1.0%
200454,455estimate+0.7%
200354,070estimate+0.2%
200253,965estimate-0.3%
200154,131estimate+0.4%
200053,909census+6.3%
199950,727estimate+0.8%
199850,315estimate+0.8%
199749,908estimate+3.6%
199648,168estimate+1.9%
199547,279estimate+1.8%
199446,463estimate+2.6%
199345,274estimate+2.1%
199244,346estimate+1.8%
199143,562estimaten/a
198942,659estimate+2.9%
198841,443estimate+1.6%
198740,779estimate+1.7%
198640,117estimate+1.2%
198539,643estimate+1.2%
198439,178estimate+1.3%
198338,678estimate+0.8%
198238,388estimate+2.1%
198137,596estimaten/a
197931,818estimaten/a

Labor force

Aug 2026
Unemployment rate4.2%Unemployment rate, not seasonally adjusted, Aug 2016 to Aug 2026Aug 201616.8% highAug 2026
Labor force32,771Aug 2026
Employment31,383Aug 2026
Unemployed1,388Aug 2026
Rate a year earlier4.0%Aug 2025
Labor force, change on a year earlier-0.5%Aug 2026

US Bureau of Labor Statistics, Local Area Unemployment Statistics, retrieved 2026-10-01 | Labor force page

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Latest month is preliminaryyesAug 2026

Monthly, last three years

Not seasonally adjusted. The latest month may be preliminary.

MonthLabor forceEmployedUnemployedRate
Aug 202632,77131,3831,3884.2%
Jul 202632,62531,1661,4594.5%
Jun 202632,90631,4171,4894.5%
May 202632,77331,3631,4104.3%
Apr 202632,79531,4071,3884.2%
Mar 202632,84231,4461,3964.3%
Feb 202632,93231,4611,4714.5%
Jan 202632,65531,1331,5224.7%
Dec 202532,75831,3961,3624.2%
Nov 202532,85231,3551,4974.6%
Sep 202533,08931,8011,2883.9%
Aug 202532,93431,6311,3034.0%
Jul 202532,94231,6891,2533.8%
Jun 202533,09431,8281,2663.8%
May 202532,98131,9241,0573.2%
Apr 202533,00332,0011,0023.0%
Mar 202533,06932,0631,0063.0%
Feb 202532,98231,9131,0693.2%
Jan 202533,07831,9921,0863.3%
Dec 202433,08532,0761,0093.0%
Nov 202433,07431,9861,0883.3%
Oct 202433,53732,4331,1043.3%
Sep 202433,46532,3271,1383.4%
Aug 202433,39832,1711,2273.7%
Jul 202433,44132,2301,2113.6%
Jun 202433,32232,1691,1533.5%
May 202433,17932,1869933.0%
Apr 202433,14132,1979442.8%
Mar 202433,12032,1719492.9%
Feb 202432,97832,0259532.9%
Jan 202433,03032,0221,0083.1%
Dec 202333,15032,2958552.6%
Nov 202333,26832,3599092.7%
Oct 202333,46932,5089612.9%
Sep 202333,47432,4651,0093.0%
Aug 202333,32632,2951,0313.1%

Annual averages

YearLabor forceEmployedUnemployedRate
202532,98031,7811,1993.6%
202433,23132,1661,0653.2%
202333,09632,1929042.7%
202232,37331,4189552.9%
202131,59129,9961,5955.0%
202031,40828,5282,8809.2%
201932,10631,0891,0173.2%
201831,83630,6701,1663.7%
201731,49630,2311,2654.0%
201631,25729,8391,4184.5%
201529,32727,7441,5835.4%
201428,99427,1261,8686.4%
201328,78526,6542,1317.4%
201228,53626,0922,4448.6%
201128,51125,6092,90210.2%

Sales and visitor spending

12 months to Mar 2026
BusinessFlare® estimate, last 12 months$1,331.0M

Monthly series, visitor, resident and big ticket groups, chart and workbook with the pass. Get the pass / Sign in

Pass holders: Get the pass / Sign in opens the pass page and brings you straight back here signed in; the monthly estimate then loads in this card.

Economic Census geographic area series, retail trade and accommodation and food services, 2017 and 2022, retrieved 2026-10-01; BusinessFlare® city-level sales and visitor spending estimate (method and error; the figures are Street Economics Pass data), retrieved 2026-10-04 | How the estimate is made

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BusinessFlare® estimate from public sources. The estimate anchors on the sales the US Census Bureau published for this place in the 2017 and 2022 Economic Census, for retail trade and for accommodation and food services, and moves them month by month with the county's sales tax returns by kind of business (Florida Department of Revenue Form 10). After the 2022 anchor the place's share of the county moves with the growth of its commercial property on the Department's 2026 tax roll, as submitted by the county property appraiser, by use code: stores, shopping centers, supermarkets and auto dealers for retail; restaurants, bars and hotels for accommodation and food. The three spending groups follow the county's kind code mix within each sector. Every place with both anchors was carried from 2017 to 2022 the same way and the landing on the 2022 Census figure is the published error.

A landing error over 25% carries a wide error flag. The error is published with every figure; an estimate is never shown without it. Rounded to the nearest hundred thousand dollars; the monthly series is pass data.

Statewide median error, 2017 to 2022 back-test15.7%2017 to 2022
Retail trade (NAICS 44-45): Census sales 2017$949M2017
Retail trade (NAICS 44-45): Census sales 2022$1.26B2022
Retail trade (NAICS 44-45): 2022 landing error5.9%2022
Accommodation and food services (NAICS 72): Census sales 2017$80M2017
Accommodation and food services (NAICS 72): Census sales 2022n/a2022
Accommodation and food services (NAICS 72): 2022 landing errorn/a2022

Economic Census anchors and the back-test

SectorCensus sales 2017Census sales 20222017 carried to 2022Landing error
Retail trade (NAICS 44-45)$949M$1.26B$1.34B5.9%
Accommodation and food services (NAICS 72)$80Mn/an/an/a
  • 2022 Census sales withheld or not published for Accommodation and food services (NAICS 72): the 2017 anchor is carried

Business base

Aug 2026
Licensed food service, lodging and alcohol businesses284New licenses by month, Sep 2016 to Aug 2026Sep 20163 highAug 2026
Food service licenses133Aug 2026
Lodging licenses36Aug 2026
Alcoholic beverage licenses115Aug 2026
New licenses, last 12 months18Aug 2026
New business filings, last 12 months (postal city)3Sep 2026
Change on the 12 months before-57.1%Sep 2026
New filings, latest month0Sep 2026

County Business Patterns and ZIP Code Business Patterns, complete data files, retrieved 2026-10-01; Florida DBPR active licensure base files: public food service, public lodging and retail alcoholic beverage licenses, retrieved 2026-10-01; Florida Division of Corporations (Sunbiz) bulk corporate data files, new entity filings by month, retrieved 2026-10-01 | Licenses Business formations

Licenses are placed inside the city limits by their geocoded address.

Business formations are by postal city: Margate, which is not the city limits.

Establishments, employment and payroll are a ZIP code basis: ZIP codes 33063.

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Establishments (ZIP basis)1,3452023
Employees, mid March (ZIP basis)10,5632023
Annual payroll (ZIP basis)$475M2023

Licenses by type

Counted licenses in DBPR's food service, lodging and alcoholic beverage files, placed by geocoded address.

License typeFileActive
2010-SEATfood109
2APSalcohol39
2COPalcohol39
2003-NAPTlodging21
4COP-SFSalcohol19
2010-NOSTfood13
2007-DWEL-SNGLlodging13
2014-MFDVfood10
3PSalcohol8
4COPalcohol4
13CTalcohol2
1APSalcohol2
11Calcohol1
4COP-SBXalcohol1
2013-CATRfood1
2002-MOTLlodging1
2006-CNDO-SNGLlodging1

Filings by entity type, last 12 months

Sunbiz new entity filings by the ZIP code of the principal address, grouped to the USPS postal city (postal city: Margate)

Entity typeLast 12 months12 months before
Florida limited liability companies27
Florida profit corporations10
Florida non-profit corporations00
Out of state entities registering in Florida00
Partnerships, trusts and other filings00

ZIP Code Business Patterns, 2023

ZIP codes 33063: the ZIP codes whose Census internal point falls inside the city limits. A ZIP code crosses the limits, so this is a ZIP basis, not the city.

ZIP codeEstablishmentsEmployeesAnnual payroll
330631,34510,563$475M

Building permits

Aug 2026
Housing units permitted, last 12 months398Housing units permitted by month, Sep 2016 to Aug 2026Sep 2016223 highAug 2026
Change on the 12 months before+67.9%Aug 2026
Permit valuation, last 12 months$38.1MAug 2026
Units, latest month3Aug 2026
Single family units, last 12 months60Aug 2026
Units in buildings of 5 or more, last 12 months338Aug 2026
Units, latest annual table2332025

US Census Bureau, Building Permits Survey, place and county residential permits, retrieved 2026-10-01 | Building permits

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Monthly, last three years

Residential permits as the Bureau publishes them; imputed months are the Bureau's imputations.

MonthUnits1 unit5 or moreValuation
Aug 2026330$415K
Jul 202616160$2.77M
Jun 20261466140$12.1M
May 202622325198$20.6M
Apr 2026330$921K
Mar 2026550$852K
Feb 2026110$192K
Jan 2026000$0
Dec 2025110$236K
Nov 2025000$0
Oct 2025000$0
Sep 2025000$0
Aug 2025000$0
Jul 2025440$857K
Jun 20252233220$32M
May 2025220$335K
Apr 2025110$203K
Mar 2025220$350K
Feb 2025000$0
Jan 2025000$0
Dec 2024000$0
Nov 2024000$0
Oct 2024330$694K
Sep 2024220$569K
Aug 2024330$749K
Jul 2024220$402K
Jun 2024440$882K
May 2024440$697K
Apr 2024110$235K
Mar 2024000$0
Feb 2024110$325K
Jan 2024000$0
Dec 2023220$418K
Nov 2023000$0
Oct 2023440$1.09M
Sep 2023220$454K

Annual table

YearUnits1 unit5 or moreValuation
202523313220$34M
202420200$4.55M
202323230$4.97M
202235350$6.85M
202112120$1.66M
202028280$4.13M
2019472522$6.14M
20181458956$15.8M
201712121100$16.8M
2016000$0
20152853282$12.6M
20142400240$6.58M
2013330$429K
2012000$0
2011000$0

Property roll

2026 preliminary
Total just value$8.83B
Total taxable value (non school)$5.39B2026 preliminary
Total taxable value (school)$5.95B2026 preliminary
Just value, change on the prior roll+0.2%2025 final roll to 2026 preliminary
Taxable value (non school), change on the prior roll+5.0%2025 final roll to 2026 preliminary
Total just value, prior roll$8.82B2025 final roll
New construction value$20.7M2026 preliminary
Parcels23,5572026 preliminary

Florida Department of Revenue, NAL tax roll (name, address, legal), 2026 preliminary and final as posted, retrieved 2026-10-04

Parcels are placed by Census block group through the Census Bureau's block assignment file; a parcel in a block group that straddles the limits is apportioned. Census 2020 block groups; 98% of the county's just value lies in a place. Medians are over the parcels whose block group lies mostly in the place. Qualified sales: the roll's own sale fields, qualification codes 01 and 02, improved, single parcel.

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Median single family just value$415K2026 preliminary
Qualified sales, last 12 months817Jun 2025 to May 2026
Median qualified sale price$315KJun 2025 to May 2026
Just value, residential$7.26B2026 preliminary
Just value, commercial$893M2026 preliminary
Just value, industrial$221M2026 preliminary
Just value, vacant$43.8M2026 preliminary
Just value, institutional$228M2026 preliminary
Just value, government$165M2026 preliminary
Just value, other$27.8M2026 preliminary

Just value by use group

Department of Revenue land use codes grouped: residential 001 to 009, commercial 011 to 039, industrial 041 to 049, agricultural 050 to 069, vacant 000, 010, 040 and 070, institutional 071 to 079, government 080 to 089, other 090 to 099. Taxable is the non school taxable value. Just value change compares with the 2025 final roll, summed the same way.

Use groupParcelsJust valueTaxable (non school)New constructionResidential unitsJust value change
Residential22,511$7.26B$4.19B$10.2M25,431-1.4%
Commercial288$893M$826M$10Mn/a+8.2%
Industrial106$221M$204M$0n/a+9.5%
Vacant170$43.8M$39.2M$0n/a+73.7%
Institutional44$228M$119M$2.5Kn/a+7.1%
Government51$165M$3.93K$431Kn/a+0.8%
Other388$27.8M$3.38M$0n/a0.0%

Housing

2020 to 2024 ACS
Housing units26,356Homeownership rate, 1990 to 2024199080.0% high2024
Occupied units24,2972020 to 2024 ACS
Vacant units2,0592020 to 2024 ACS
Owner occupied households18,7482020-2024 5-Year
Renter occupied households5,5492020-2024 5-Year
Homeownership rate77.2%2020 to 2024 ACS
Cost burdened households, all tenures (over 30% of income)47.3%2025
Cost burdened renter households65.8%2025

Shimberg Center for Housing Studies, Florida Housing Data Clearinghouse, retrieved 2026-10-01 | Housing data

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Severely cost burdened renters (over 50%)41.5%2025
Assisted housing developments2Assisted Housing Inventory
Assisted units259Assisted Housing Inventory
Median gross rent$1.75K2020 to 2024 ACS
Median single family sale price$445K2024

Cost burden by income, 2025

Households by the share of income spent on housing, Shimberg Center estimates for 2025.

TenureIncome (share of area median)30% or less30.1 to 50%Over 50%
All households30% AMI or less2764373,288
All households30.01-50% AMI9958781,658
All households50.01-80% AMI1,8302,365851
All households80.01-120% AMI1,92183483
All householdsGreater than 120% AMI7,35769717
Renters30% AMI or less4401,567
Renters30.01-50% AMI74328972
Renters50.01-80% AMI419928248
Renters80.01-120% AMI4582490
RentersGreater than 120% AMI1,3071290
Owners30% AMI or less2324371,721
Owners30.01-50% AMI921550686
Owners50.01-80% AMI1,4111,437603
Owners80.01-120% AMI1,46358583
OwnersGreater than 120% AMI6,05056817

Single family sales by year

YearMedian priceSales
1996n/an/a
1997n/an/a
1998n/an/a
1999$110K1,146
2000n/an/a
2001$126K1,150
2002$143K1,262
2003$165K1,386
2004$193K1,328
2005$250K1,344
2006$285K828
2007$272K416
2008$194K346
2009$120K651
2010$116K686
2011$100K720
2012$125K691
2013$150K784
2014$170K809
2015$202K815

Assisted housing developments

Shimberg Center Assisted Housing Inventory.

DevelopmentAddressCityUnitsAssisted
Colonial Park1300 Banks RoadMargate160159
Arbor View3100 N Highway 7Margate100100

Fiscal

Sep 2026
Half-cent sales tax, latest month$336KHalf-cent sales tax distributions by month, Oct 2016 to Sep 2026Oct 2016$478K highSep 2026
Half-cent sales tax, fiscal year to date$4.22MFY2026 to Sep 2026
Half-cent sales tax, last 12 months$4.22MSep 2026
Half-cent sales tax, change on the 12 months before-6.5%Sep 2026
State revenue sharing, latest month$230KSep 2026
State revenue sharing, fiscal year to date$2.83MFY2026 to Sep 2026
State revenue sharing, last 12 months$2.83MSep 2026
State revenue sharing, change on the 12 months before-0.2%Sep 2026

Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments, retrieved 2026-10-01; Florida Department of Revenue, Revenue Confirmation Online, distributions to local governments, retrieved 2026-10-01; Florida Department of Financial Services, LOGERx local government Annual Financial Report data, long-term debt outstanding, retrieved 2026-10-04 | Distributions Annual financial report

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Total revenues$157MFY2024
Revenues, change on the year before+0.4%FY2024
Total expenditures$133MFY2024
Expenditures, change on the year before-0.6%FY2024
Revenues per resident$2.68KFY2024
Long-term debt outstanding at year end$31MFY2025
Long-term debt, change on the year before+14.9%FY2025

Half-cent sales tax, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$336K
Aug 2026$345K
Jul 2026$348K
Jun 2026$355K
May 2026$398K
Apr 2026$345K
Mar 2026$356K
Feb 2026$404K
Jan 2026$339K
Dec 2025$337K
Nov 2025$332K
Oct 2025$320K
Sep 2025$364K
Aug 2025$365K
Jul 2025$376K
Jun 2025$390K
May 2025$417K
Apr 2025$394K
Mar 2025$359K
Feb 2025$420K
Jan 2025$382K
Dec 2024$356K
Nov 2024$338K
Oct 2024$346K
Sep 2024$359K
Aug 2024$362K
Jul 2024$390K
Jun 2024$407K
May 2024$437K
Apr 2024$397K
Mar 2024$388K
Feb 2024$445K
Jan 2024$393K
Dec 2023$388K
Nov 2023$379K
Oct 2023$380K

State revenue sharing, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$230K
Aug 2026$230K
Jul 2026$230K
Jun 2026$233K
May 2026$233K
Apr 2026$233K
Mar 2026$233K
Feb 2026$233K
Jan 2026$233K
Dec 2025$249K
Nov 2025$249K
Oct 2025$249K
Sep 2025$256K
Aug 2025$256K
Jul 2025$256K
Jun 2025$225K
May 2025$225K
Apr 2025$225K
Mar 2025$225K
Feb 2025$225K
Jan 2025$225K
Dec 2024$225K
Nov 2024$248K
Oct 2024$248K
Sep 2024$248K
Aug 2024$248K
Jul 2024$248K
Jun 2024$252K
May 2024$252K
Apr 2024$252K
Mar 2024$252K
Feb 2024$252K
Jan 2024$252K
Dec 2023$252K
Nov 2023$252K
Oct 2023$252K

Long-term debt by fiscal year

Total long-term debt outstanding at fiscal year end, all funds, as the government reported it to the Department of Financial Services in its Annual Financial Report.

Fiscal yearDebt outstandingChange
FY2025$31M+14.9%
FY2024$27M-6.7%
FY2023$28.9M+5.5%
FY2022$27.4M-2.8%
FY2021$28.2M-5.4%
FY2020$29.8M-8.6%
FY2019$32.6M+21.7%
FY2018$26.8M-14.4%
FY2017$31.3M-8.5%
FY2016$34.2M-8.0%
FY2015$37.2M-31.3%
FY2014$54.1M-5.3%
FY2013$57.2Mn/a

Revenues by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Taxes$54.1M$49.6M+9.1%
Permits, Fees, and Special Assessments$18.4M$18.3M+0.6%
Intergovernmental Revenues$10.1M$21.3M-52.7%
Charges for Services$43.7M$39.6M+10.3%
Judgments, Fines, and Forfeits$919K$839K+9.4%
Miscellaneous Revenues$14.8M$12.6M+18.0%
Other Sources$14.6M$13.8M+6.3%
Taxesn/an/an/a
Intergovernmental Revenuen/an/an/a
Permits and Franchise Feesn/an/an/a

Expenditures by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Services (Not Court-Related)$26.5M$24.6M+7.8%
Public Safety$47.7M$48.6M-1.9%
Physical Environment$30M$29.7M+1.1%
Transportation$2.18M$1.94M+12.1%
Economic Environment$3.43M$6.99M-51.0%
Human Services$1.04M$1.03M+1.7%
Culture / Recreation$7.53M$5.98M+25.7%
Other Uses and Non-Operating$14.7M$15M-2.1%
Other Usesn/an/an/a

Bank deposits

June 30, 2026
Deposits (offices reporting this city)$910MDeposits, June 30 each year, 1994 to 20261994$1.12B high2026
Change on a year earlier-2.8%June 30, 2026
Change, real-6.0%June 30, 2026
Branches7June 30, 2026
Institutions5June 30, 2026
Branches opened since the survey a year earlier0June 30, 2026
Branches closed since the survey a year earlier0June 30, 2026

FDIC Summary of Deposits, Florida offices, every June 30 since 1994, retrieved 2026-10-01 | Bank deposits

Offices whose reported city is Margate.

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Offices, June 30, 2026

Deposits as each office reports them to the FDIC; the city is the one the bank reports, not a municipal boundary.

InstitutionBranchAddressCityDeposits
Wells Fargo Bank, National AssociationMargate Branch400 N State Road 7Margate$232M
Bank of America, National AssociationPeppertree Plaza Branch5590 W Sample RdMargate$203M
Bank of America, National AssociationMargate Branch550 Main BlvdMargate$143M
TD Bank, National AssociationMargate Store Branch490 North State Road 1Margate$99.1M
Pinnacle BankMargate Branch5375 W Atlantic BlvdMargate$88M
Truist BankMargate Branch5700 Coconut Creek PkwyMargate$85.6M
Truist BankPalm Lakes Branch7282 W Atlantic BlvdMargate$59.9M

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