At a Glance
Median Income
$86,563
$44,371 per capita
Home Value
$341,800
Zillow: $440,442
Median Rent
$1,050/mo
25.0% of income on rent
Violent Crime
116/100K
1,310/100K property
Bachelor's Degree+
33.6%
97.2% high school+
Unemployment
1.2%
5.0% poverty rate
Obesity Rate
30.0%
9.7% smoking rate
Avg Temperature
73°F
314 sunny days/yr
How Palm Shores Compares to the U.S. Average
Each bar shows Palm Shores's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Palm Shores a Good Place to Live?
B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Palm Shores residents earn a median household income of $86,563 , which is 15% above the national average of $75,149.
Per capita income is $44,371. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 18,850 business establishments, including 1,318 restaurants.
Housing & Cost of Living
The median home value in Palm Shores is $341,800 , 21% above the national median of $281,900.
Zillow estimates the typical home at $440,442. Median rent is $1,050/month, with 25.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 2000.
Safety & Crime
Palm Shores reports 116 violent crimes per 100,000 residents
, which is 70% below the national average of 380/100K.
Property crime is 1,310/100K.
Education
33.6% of adults in Palm Shores hold a bachelor's degree or higher
(0% below the national average).
97.2% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Palm Shores has an average annual temperature of 73°F (23°C).
Winters average 61°F in January while summers reach 82°F in July. The area gets 314 sunny days per year. Annual precipitation totals 55.3 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population1,479
Median Age44.4 yrs
Density2,465/mi²
Male / Female43% / 57%
Foreign Born13.6%
Veterans20.8%
Economy
A+
Median Income$86,563
Per Capita$44,371
Unemployment1.2%
Poverty5.0%
County GDP$43,482M
Avg Weekly Wage$1,309
Housing
A
Home Value$341,800
Rent$1,050
Ownership89.1%
Zillow$440,442
Housing Units598
Rent Burden25.0%
Crime
F
Violent116/100K
Property1,310/100K
Health
Obesity30.0%
Diabetes8.0%
Smoking9.7%
Heart Disease4.5%
Premature Death10,703/100K
Climate
Avg Temp73°F
Sunny Days314/yr
Rain55.3 in/yr
AQI41 (Good)
Elevation22 ft
Education
B+
Bachelor's+33.6%
High School+97.2%
Graduate+9.6%
School Score6.3/10
Community
2024 VoteR 60% / D 39%
Commute25 min
Broadband93.9%
Internet Speed164 Mbps
EV Stations1
Libraries18
Did You Know?
The median home in Palm Shores was built in 2000.
16.1% work from home.
The nearest airport is Melbourne Orlando International (6 miles).
The Gini coefficient (income inequality) is 0.452 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
10.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 164 Mbps.
There are 1,318 restaurants in the area.
The county recorded 96 fatal vehicle crashes.