Palm Shores, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Palm Shores, Florida had a total population of 1,458, the 731st largest town in Florida, with a median household income of $77,500, which is 4% higher than the state average. The poverty rate is 6.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 1.7%.
Palm Shores Quick Facts
How Palm Shores Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,479 | 1,458 | -1.4% |
| Median household income | $86,563 | $77,500 | -10.5% |
| Median home value | $341,800 | $351,600 | +2.9% |
How Palm Shores Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Palm Shores Rankings in Florida
Explore Florida Rankings
Other Cities in Brevard County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Palm Bay | 130,132 | $72,614 | 11.7% | $283,200 |
| Melbourne | 86,576 | $66,991 | 15.8% | $306,400 |
| Titusville | 49,385 | $66,192 | 11.3% | $266,600 |
| Merritt Island | 34,992 | $94,012 | 7.4% | $402,900 |
| Rockledge | 29,133 | $84,255 | 9.0% | $338,100 |
| West Melbourne | 28,795 | $92,986 | 7.3% | $377,100 |
| Port St. John | 25,120 | $87,736 | 9.9% | $281,300 |
| Cocoa | 19,554 | $63,105 | 13.1% | $246,100 |
| Viera West | 17,984 | $109,170 | 3.2% | $546,600 |
| Viera East | 12,570 | $92,467 | 3.5% | $396,700 |
Cities Similar to Palm Shores
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Pine Lakes | 1,437 | $77,785 | $79,600 | 21.0% | 5.9% |
| Molino | 1,447 | $74,753 | $225,200 | 24.3% | 8.2% |
| Key Vista | 1,418 | $75,114 | $375,700 | 31.9% | 5.8% |
| East Palatka | 1,494 | $73,718 | $246,600 | 8.9% | 27.2% |
| Heritage Pines | 1,477 | $70,542 | $288,800 | 34.3% | 5.4% |
Population Overview
Palm Shores is a small community located in Florida, within Brevard County. The total population is 1,458. It ranks as the 731st most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Palm Shores is 44.9 years. This is 5% higher than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Palm Shores is $77,500. This is 4% higher than the state median of $74,568. It is also 4% lower than the national median of $80,734. The poverty rate stands at 6.2%. This is 50% lower than the state poverty rate of 12.6%. The unemployment rate is 1.7%. This is 65% lower than the state rate of 4.8%. The median home value is $351,600. Housing costs are 2% lower than the state median of $359,000. The home-value-to-income ratio is 4.5x. 87.8% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Palm Shores is White (non-Hispanic), making up 75.6% of the population. Hispanic or Latino residents account for 16.5%. The White (non-Hispanic) population is significantly higher than the state average (75.6% vs 50.4%). The Black or African American population (0.8%) is well below the state average of 14.6%. The Asian population (1.1%) is well below the state average of 2.9%.
Education
31.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%.
Data Sources & Methodology
All demographic data for Palm Shores, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palm Shores, Florida?
Palm Shores, Florida has a population of 1,458 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palm Shores, FL?
The median household income in Palm Shores is $77,500, which is 4% lower than the national median of $80,734.
What is the poverty rate in Palm Shores, FL?
The poverty rate in Palm Shores is 6.2%. This means approximately 90 residents live below the federal poverty line.
What is the racial makeup of Palm Shores, Florida?
Palm Shores's population is 75.6% White, 0.8% Black, 16.5% Hispanic/Latino, and 1.1% Asian.
What is the median home value in Palm Shores, FL?
The median home value in Palm Shores is $351,600. The home-value-to-income ratio is 4.5x.
How educated is Palm Shores, Florida?
31.4% of adults (25+) in Palm Shores hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.