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CITY · 2020 ACS

Palm Shores

Florida · 1,200 residents · 0.6 sq mi
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The short version

Palm Shores is significantly wealthier than the US average, with a median household income of $88,235. The city has grown rapidly, with population up 51% since 2000. Median home value has more than doubled since 2000, reaching $238,200. With a median age of 47.4, the population is older than the US median of 38.8. Poverty is rare here, at 5.4% of residents. Households here earn about 53% more than the Florida median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 47.4
US median: 38.8
Less educated
28% hold a bachelor's degree
US average: 33%
Less affordable
home values up 43%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,200
+51%since 2000
from 794 in 2000
1990 – 2025
Population density
2,000 / sq mi
+51%since 2000
from 1,323 / sq mi in 2000
US average: 280
Median age
47.4
+10%since 2000
from 43.0 in 2000
US average: 38.8
Population, 1990 – 2024
654949231K2K1990201020202024Palm Shores
20241K
1990201020202024
Section 02

Income & economy

Median household income
$88,235
+24%inflation adjusted, since 2000
from $47,500 in 2000
US average: $66,278
1990 – 2024
Per capita income
$37,017
+65%since 2000
from $22,390 in 2000
US average: $35,364
Households earning $100K+
56.0%
+15.8 ptssince 2009
from 40.2% in 2009
US average: 43.9%
Poverty rate
5.4%
−3.9 ptssince 2000
from 9.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade10.9%
US avg: 6.7%
Other services10.5%
US avg: 6.6%
Retail trade10%
US avg: 10%
Finance & insurance6.9%
US avg: 5.5%
Information6.8%
US avg: 11.1%
Public administration5.2%
US avg: 4.7%
Professional, scientific, technical4.8%
US avg: 4.7%
Transportation & warehousing3.8%
US avg: 2.5%
Education & health services2.1%
US avg: 0.8%
Arts, entertainment, food1.3%
US avg: 2%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Manufacturing0.6%
US avg: 0.5%
Construction0.4%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$238,200
+43%inflation adjusted, since 2000
from $110,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$861
−1%inflation adjusted, since 2000
from $580 in 2000
US average: $1,124
Owner-occupied
84.8%
+2.5 ptssince 2000
from 82.3% in 2000
15.2% rent
Afford Score
2.7
+16%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Palm Shores on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic84.8%(673)
Black4.4%(35)
Hispanic / Latino4.3%(34)
Asian3.3%(26)
Other0%
Diversity Score28.4%(225)
2020
White, non-Hispanic74.3%(891)
Black4.4%(53)
Hispanic / Latino10.6%(127)
Asian3.8%(45)
Other2.8%(34)
Diversity Score47.9%(575)
Diversity Score
48
+69%since 2000
from 28 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.5%
+4.4 ptssince 2000
from 23.1% in 2000
US average: 32.9%
High school or higher
97.8%
+6.1 ptssince 2000
from 91.7% in 2000
US average: 88.5%
Graduate degree
7.3%
−0.5 ptssince 2000
from 7.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.6 min
+63%since 2000
from 13.9 min in 2000
US average: 26.9
Drive alone to work
86.1%
−6.1 ptssince 2009
from 92.2% in 2009
US average: 75.1%
No vehicle available
1.9%
−0.5 ptssince 2009
from 2.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−1.1 ptssince 2011
from 3.7% in 2011
US average: 5.4%
Labor force participation
74.7%
+13.0 ptssince 2011
from 61.6% in 2011
US average: 63.4%
Management & professional
34.1%
−36.3 ptssince 2009
from 70.3% in 2009
US average: 39.3%
Section 08

People & community

Male
49.2%
+0.3 ptssince 2009
from 48.9% in 2009
Female
50.8%
−0.3 ptssince 2009
from 51.1% in 2009
Foreign born
12.7%
+5.9 ptssince 2009
from 6.8% in 2009
US average: 13.5%
Uninsured
8.9%
−77.0 ptssince 2013
from 85.9% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Palm Shores to nearby cities

PALM SHORES VS
Satellite Beach
Income$119,134+35%
Home value$502,500+111%
Population11,365+840%
SEE FULL COMPARISON →
PALM SHORES VS
Indian Harbour Beach
Income$97,254+10%
Home value$440,200+85%
Population8,914+637%
SEE FULL COMPARISON →
PALM SHORES VS
Melbourne
Income$66,991−24%
Home value$306,400+29%
Population87,097+7104%
SEE FULL COMPARISON →
PALM SHORES VS
Viera East
Income$92,467+5%
Home value$396,700+67%
Population12,570+940%
SEE FULL COMPARISON →
Frequently asked

How many people live in Palm Shores, Florida?

Palm Shores, Florida has about 1,200 residents according to the 2020 American Community Survey.

What is the median household income in Palm Shores, Florida?

The typical household in Palm Shores, Florida earns about $88,235 a year. Half of households make more than that, and half make less.

Is Palm Shores, Florida expensive?

In Palm Shores, Florida, the median home is worth about $238,200, and the typical rent is about $861 a month.

How educated are people in Palm Shores, Florida?

About 27.5% of adults age 25 and over in Palm Shores, Florida hold a bachelor's degree or higher.

What is the poverty rate in Palm Shores, Florida?

About 5.4% of people in Palm Shores, Florida live below the federal poverty line.

Has Palm Shores, Florida grown since 1990?

Yes, Palm Shores, Florida has grown since 1990. The population has added about 992 residents, a change of about 477 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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