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Palm Shores, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,458
Population
$77,500
Median Income
$351,600
Home Value
44.9
Median Age

Demographics

Palm Shores has a population of 1,458 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:

White
86.3%
Hispanic
16.5%
Asian
1.1%
Black
0.8%
Demographic Value
Total Population1,458
Median Age44.9
White86.3%
Black or African American0.8%
Asian1.1%
Hispanic or Latino16.5%
Palm Shores, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 105.White: 82.4%Hispanic/Latino: 15.8%Other: 1.8%1,458PopulationWhiteWhite82.4%Hispanic/LatinoHispanic/Latino15.8%OtherOther1.8%

Income & Economy

The median household income in Palm Shores is $77,500, which is 3.9% below the national median of $80,610. The per capita income is $40,771. The poverty rate is 6.2%.

$77,500
Median Household Income
$40,771
Per Capita Income
6.2%
Poverty Rate

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Education

In Palm Shores, 97.1% of residents age 25+ have a high school diploma or higher, and 31.4% hold a bachelor's degree or higher (10.8% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
31.4%
Graduate+
10.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher31.4%
Graduate or Professional Degree10.8%

Housing

The median home value in Palm Shores is $351,600, above the national median of $303,400. The homeownership rate is 87.8%.

$351,600
Median Home Value
87.8%
Homeownership Rate
Housing Metric Value
Median Home Value$351,600
Homeownership Rate87.8%
Vacancy Rate10.5%

Salaries in Florida

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Frequently Asked Questions

What is the population of Palm Shores, Florida?
The population of Palm Shores, Florida is 1,458 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palm Shores, Florida?
The median household income in Palm Shores, Florida is $77,500. This is 3.9% below the national median of $80,610.
What is the median home value in Palm Shores, Florida?
The median home value in Palm Shores, Florida is $351,600.
What percentage of people in Palm Shores have a college degree?
In Palm Shores, Florida, 31.4% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Palm Shores, Florida an affordable place to live?
The home price-to-income ratio in Palm Shores, Florida is 4.5x (median home value $351,600 vs. median income $77,500), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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