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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

Income Overview

Median Household Income
$86,563
15% above
US avg: $75,149
Per Capita Income
$44,371
14% above
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
5.0%
60% below
US avg: 12.4%

Income Comparison: Palm Shores vs. U.S. Average

Each bar shows Palm Shores’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$86,563
115%
Per Capita
US: $39,052
$44,371
114%
IRS Avg AGI
US: $72,000
$81,586
113%
Avg Weekly Wage
US: $1,432
$1,309
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,309
9% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
16.1%
6% above US avg (15.2%)
Drive Alone
78.1%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$43,482M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.1%
Public Transit 0%
Work From Home 16.1%
Other 5.8%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
18,850
Restaurants
1,318
Healthcare
1,814
Retail
2,025
Manufacturing
466

Tax & Financial

IRS Avg Adjusted Gross Income
$81,586
13% above US avg ($72,000)
Avg Property Tax
$6,090
74% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$86,563
Per Capita Income$44,371
IRS Avg Adjusted Gross Income$81,586
Avg Weekly Wage$1,309
County GDP$43,482M

Hardship Indicators

Unemployment Rate1.2%
Poverty Rate5.0%
Gini Coefficient0.452
Cost of Living Index103.4

Commute

Mean Commute25 minutes
Drive Alone78.1%
Public Transit0.0%
Work From Home16.1%

Businesses

Total Establishments18,850
Restaurants1,318
Healthcare1,814
Retail2,025
Manufacturing466

Tax

IRS Avg AGI$81,586
Avg Property Tax$6,090