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Palm Shores, FL

Full City Profile · Florida · Brevard County County

3.5 /5.0
B+ Good
1,479 Population 2,465/sq mi density
$86,563 Median Income $44,371 per capita
$341,800 Home Value $440,442 Zillow
$1,050 Median Rent 25.0% income on rent
73°F Avg Temperature 314 sunny days/yr
116 Violent Crime/100K 1,310 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,563 median income, 1.2% unemployment
A
Affordability
4.5 / 5.0
$341,800 home value, $1,050/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
B+
Education
3.7 / 5.0
33.6% bachelor's degree or higher

Palm Shores, FL

At a Glance

Median Income
$86,563
15% above
$44,371 per capita
Home Value
$341,800
21% above
Zillow: $440,442
Median Rent
$1,050/mo
10% below
25.0% of income on rent
Violent Crime
116/100K
70% below
1,310/100K property
Bachelor's Degree+
33.6%
0% below
97.2% high school+
Unemployment
1.2%
67% below
5.0% poverty rate
Obesity Rate
30.0%
7% below
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)

Income
115%
Home Value
121%
Rent
90%
Poverty
40%
Bachelor's
100%
Unemployment
33%
Crime
30%
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.