Margate City vs Newark: Housing
| Margate City | Newark | |
|---|---|---|
| Median Home Value | $708,800 | $373,700 |
| Median Gross Rent | $1,347/mo | $1,392/mo |
| Homeownership Rate | 90.0% | 24.4% |
| Rent as Share of Income | 13.3% | 32.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.