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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

Palm Shores Quick Facts

Population 1,458
Median Household Income $77,500
Median Home Value $351,600
Poverty Rate 6.2%
Unemployment Rate 1.7%
Median Age 44.9 years
Homeownership Rate 87.8%
Affordability Ratio 4.5x
Bachelor's Degree or Higher 31.4%
High School Graduation Rate 97.2%
Diversity Index 40/100
Population 1,458 731st of 955
Median Income $77,500 average
Poverty Rate 6.2% 50% lower than national
Median Home Value $351,600 average

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.

Metric2019–20232020–2024Change
Population1,4791,458-1.4%
Median household income$86,563$77,500-10.5%
Median home value$341,800$351,600+2.9%

How Palm Shores Compares

Economy & Housing

Household Income Distribution

Under $25K 7.3%
$25K-$50K 18.5%
$50K-$100K 30.1%
$100K+ 44.0%
Detailed income brackets
Under $10K
4.1%
$10K-$15K
0.9%
$15K-$20K
1.9%
$20K-$25K
0.5%
$25K-$30K
4.9%
$30K-$35K
1.9%
$35K-$40K
5.1%
$40K-$45K
5.4%
$45K-$50K
1.2%
$50K-$60K
7.0%
$60K-$75K
16.7%
$75K-$100K
6.5%
$100K-$125K
10.7%
$125K-$150K
10.2%
$150K-$200K
15.7%
$200K+
7.5%

Employment

1.7% Unemployment Rate State: 4.8%|National: 5.2%
66.3% Labor Force Participation

Housing Overview

Owner 87.8%
Renter 12.2%
Affordability Index Moderate
4.5x home value to income ratio

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Palm Shores Rankings in Florida

#731 Population of 955
#374 Median Income of 911
#432 Education of 955
#403 Home Value of 901

Other Cities in Brevard County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pine Lakes1,437$77,785$79,60021.0%5.9%
Molino1,447$74,753$225,20024.3%8.2%
Key Vista1,418$75,114$375,70031.9%5.8%
East Palatka1,494$73,718$246,6008.9%27.2%
Heritage Pines1,477$70,542$288,80034.3%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.