Median Income
$98,125
household / year
Median Home Value
$324,700
owner-occupied
Median Rent
$1,023
gross / month
Cost of Living
101
national avg = 100

Is Palm Shores, FL a Good Place to Live?

Palm Shores is a small town of 1,577 in Florida, with a median household income of $98,125 and a 1.6% unemployment rate. Its cost of living index is 101 (US average = 100), which is 1% above the national average.

Strengths: Palm Shores stands out for short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Palm Shores is right for you depends on your priorities — the full breakdown is below.

All Palm Shores city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 100.8

Palm Shores's overall cost of living index is 100.8, where 100 represents the US national average. Living in Palm Shores costs roughly 1% more than the average American city.

Metric Palm Shores, FL National Avg
Median Home Value $324,700 $244,900
Median Monthly Rent $1,023 $1,163
Homeownership Rate 92.1% 65.9%
Median Household Income $98,125 $74,755

Crime & Safety

Very Safe

Palm Shores's violent crime rate is 170.6 per 100,000 residents — 55% lower than the national average of ~380 per 100,000.

Violent Crime
170.6 /100k
Property Crime
531.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Palm Shores, FL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 34.4% 35.4%
High School Diploma or Higher 97.0% 91.1%

Weather & Climate

Palm Shores sees average highs of 72.2°F in January and 90.9°F in July, with 53.2 inches of annual precipitation .

MetricPalm Shores, FL
Average High — January72.2°F
Average High — July90.9°F
Annual Precipitation53.2"
Annual SnowfallTrace / None

Demographics

MetricPalm Shores, FLNational Avg
Population1,577—
Median Age43.338.9
Unemployment Rate1.6%3.7%
Avg Commute Time22.1 min26 min
White (non-Hispanic)77.0%59.3%
Black or African American3.4%13.6%
Hispanic or Latino11.9%18.9%
Asian3.2%6.3%
Under 1820.7%22.2%
65 and over13.8%16.8%

Nearby Cities

South Patrick Shores, FL 3 mi Satellite Beach, FL 4 mi Patrick AFB, FL 4 mi Indian Harbour Beach, FL 4 mi Melbourne, FL 6 mi

Palm Shores vs Other Cities

Palm Shores, FL vs South Patrick Shores, FL Palm Shores, FL vs Satellite Beach, FL Palm Shores, FL vs Patrick AFB, FL Palm Shores, FL vs Indian Harbour Beach, FL Palm Shores, FL vs Melbourne, FL

Frequently Asked Questions

Palm Shores's cost of living index is 101, where 100 is the national average. That puts Palm Shores roughly 1% above the national average in cost. The median home price is $324,700 and median rent is $1,023/month.
Palm Shores's violent crime rate is 170.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 531.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Palm Shores, FL has a population of 1,577, a median household income of $98,125, and an unemployment rate of 1.6%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palm Shores averages 72.2°F in January and 90.9°F in July. Annual rainfall is 53.2 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Palm Shores, Florida is 1,577 with a median age of 43.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palm Shores: cost of living index 101 (100 = US average), median home $324,700, median household income $98,125, crime index 37 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Palm Shores side by side with your current city to see the trade-offs.