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Margate contains a total of 22,714 houses, condominiums, and apartments. Of the housing in the city, approximately 80% is occupied by their owners.
In 2000, 82% of owner-occupied housing units in Margate had a mortgage. Roughly 17% of housing units have a home equity loan or second mortgage in the city.
Mortgage and interest rate quotes for the Margate area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Category | Value |
|---|---|
| Homes With No Mortgage | 18% |
| With A Mortgage | 82% |
| First Mortgage Only | 65% |
| Second Mortgage or Home Equity Loan | 17% |
| Second Mortgage Only | 11% |
| Home Equity Loan Only | 6% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 22.5% |
| Median Real Estate Taxes (2000) | $1,557 |
| Category | Value |
|---|---|
| Total Occupied | 22,714 |
| 1-Person Households | 31% |
| 2-Person Households | 35% |
| 3-Person Households | 15% |
| 4-Person Households | 11% |
| 5-Person Households | 5% |
| 6-Person Households | 2% |
| 7+-Person Households | 1% |
| Category | Value |
|---|---|
| Median Year Built | 1978 |
| Median Year Built (Owner Occupied) | 1978 |
| Median Year Built (Renter Occupied) | 1982 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 2% |
| Using Bottled/Tank Gas Heat | 0% |
| Using Electric Heat | 96% |
| Using Oil Heat | 0% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 2% |
| Category | Value |
|---|---|
| No Bedrooms | 1% |
| 1 Bedroom | 8% |
| 2 Bedrooms | 48% |
| 3 Bedrooms | 32% |
| 4 Bedrooms | 11% |
| 5+ Bedrooms | 1% |
Rate quotes from multiple lenders for the Margate area:
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Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.