Cost of living (Clay Affordability Index)
CAI 106 —
6% above the national average.
how it's computed
Housing22% above
Goods & services6% above
Utilities4% below
Taxes63% below
Insurance49% above
Commute cost12% above
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is
CBII band 2/5
· time to build band 1/5.
See state page for the breakdown.
Doing business here
Economic development contacts, most local first:
city
Margate Economic Development
The Development Services Department helps assist and promote the economic vitality of the City by attracting, retaining and expanding targeted industries, including a focus on small business growth, expanding the local tax base, fostering partnerships, and promoting job opportunities for residents. It also carries out planning and zoning functions, state and federal housing grant administration, and local business tax receipts to fulfill the City’s needs.
region
South Florida Regional Planning Council
The Council provides economic development information and technical assistance to local governments, private businesses, and neighborhood-based organizations, and serves as the Economic Development Administration’s Economic Development District. It maintains the Comprehensive Economic Development Strategy, operates revolving loan funds to support small businesses, brownfields redevelopment, and affordable housing, and secures and manages state and federal grants for South Florida communities.
state
Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state
Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes