Margate City, NJ's Data
About Margate City, NJ's
Margate City, located in Atlantic County, New Jersey, is a charming coastal city known for its beaches and distinctive local culture. Originally incorporated as the borough of South Atlantic City in 1885, it was later renamed Margate City in 1909. This small city, positioned on Absecon Island, which it shares with Atlantic City and Ventnor City, is part of the Atlantic City metropolitan area. Margate City is famous for its historical landmarks and a family-friendly environment, making it a popular destination during the summer months.
City: Margate City
State: New Jersey
Country: United States
Population: 6,354
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Margate City, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Margate City, NJ
Lucy the Elephant - A six-story elephant-shaped architectural novelty and historic site constructed in 1881, recognized as the oldest surviving roadside tourist attraction in America.
Marven Gardens - A well-preserved residential area known from the Monopoly board game, showcasing 1920s architecture and beautifully landscaped gardens.
Margate Beaches - Popular sandy beaches offering a range of water-related activities and events, ideal for family outings and relaxation.
Margate City Farmers Market - A seasonal market that features local produce, crafts, and goods, fostering a sense of community and supporting local farmers and artisans.
Ventnor City Boardwalk - Located near Margate City, this boardwalk provides scenic views of the ocean and is perfect for walking, biking, and enjoying the seaside atmosphere.
The Economy of Margate City, NJ
The economy of Margate City is predominantly driven by tourism, especially during the summer when the population swells due to visitors attracted to its beaches and local amenities. The city's economy benefits from a mix of retail businesses, restaurants, and services catering to both residents and tourists. Real estate is also a significant economic factor, with many properties being used as second homes or vacation rentals. Local businesses thrive on the seasonal influx, which supports various service-oriented industries.
Margate City, NJ Inflation
Understanding the BLS and Inflation in Margate City, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Margate City, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Margate City, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Margate City, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Margate City, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Margate city, NJ
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