Palm Shores, FL

Census Place

2024 Population

1,458

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

44.9

1.13% 1-year increase

2024 Poverty Rate

6.23%

4.95% 1-year increase

2024 Median Household Income

$77,500

10.5% 1-year decline

2024 Median Property Value

$351,600

Population & Diversity

Palm Shores, FL is home to a population of 1.46k people, from which 95.3% are citizens.

As of 2024, 10.6% of Palm Shores, FL residents were born outside of the country (154 people).

In 2024, there were 7.12 times more White (Non-Hispanic) residents (1.1k people) in Palm Shores, FL than any other race or ethnicity. There were 155 White (Hispanic) and 69 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.3%

2024 Citizenship

95.2%

2023 Citizenship

As of 2024, 95.3% of Palm Shores, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Palm Shores, FL was 95.2%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Palm Shores, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Palm Shores, FL

White (Non-Hispanic)
1.1k ± 288
White (Hispanic)
155 ± 186
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
69 ± 48

16.5%

Hispanic Population

241 people

16.5% of the people in Palm Shores, FL are hispanic (241 people).

The following chart shows the 8 races represented in Palm Shores, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

10.6%

2024 Foreign-Born Population

154 people

11.8%

2023 Foreign-Born Population

175 people

As of 2024, 10.6% of Palm Shores, FL residents (154 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Palm Shores, FL was 11.8%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Palm Shores, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
75 ± 51
Gulf War (1990s)
53 ± 36
Gulf War (2001-)
35 ± 26

Palm Shores, FL has a large population of military personnel who served in Vietnam, 1.42 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Palm Shores, FL.

Economy

The economy of Palm Shores, FL employs 823 people. In 2024, the largest industries in Palm Shores, FL were Accommodation & Food Services (130 people), Manufacturing (119 people), and Retail Trade (82 people), and the highest paying industries were Health Care & Social Assistance ($70,000), Public Administration ($69,375), and Finance & Insurance ($69,250).

Employment

Occupations

823

2024 Value

± 171

−5.4%

1 Year decline

± 31.6%

From 2023 to 2024, employment in Palm Shores, FL declined at a rate of −5.4%, from 870 employees to 823 employees.

The most common job groups, by number of people living in Palm Shores, FL, are Management Occupations (115 people), Food Preparation & Serving Related Occupations (91 people), and Office & Administrative Support Occupations (85 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palm Shores, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

823

2024 Value

± 171

−5.4%

1 Year decline

± 31.6%

From 2023 to 2024, employment in Palm Shores, FL declined at a rate of −5.4%, from 870 employees to 823 employees.

The most common employment sectors for those who live in Palm Shores, FL, are Accommodation & Food Services (130 people), Manufacturing (119 people), and Retail Trade (82 people). This chart shows the share breakdown of the primary industries for residents of Palm Shores, FL, though some of these residents may live in Palm Shores, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$65,404

Median earning men ± $16,931

$33,919

Median earning women ± $4,597

The industries with the best median earnings for men in 2024 are Construction ($145,625), Public Administration ($106,250), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($85,000).

The industries with the best median earnings for women in 2024 are Other Services Except Public Administration ($82,500), Public Administration ($60,250), and Finance & Insurance, & Real Estate & Rental & Leasing ($57,159).

Housing & Living

The median property value in Palm Shores, FL was $351,600 in 2024, which is 1.06 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $341,800 to $351,600, a 2.87% increase. The homeownership rate in Palm Shores, FL is 87.8%, which is higher than the national average of 65.2%.

People in Palm Shores, FL have an average commute time of 25 minutes, and they drove alone to work. Car ownership in Palm Shores, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$351,600

Median Property Value 2024

±$18,750

$516

Median Property Taxes

±$114

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palm Shores, FL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Palm Shores, FL compared to it's parent and neighbor geographies.

Rent vs Own

87.8%

Homeownership

2024

68.9%

Homeowners with Mortgage

2024

In 2024, 87.8% of the housing units in Palm Shores, FL were occupied by their owner. This percentage declined from the previous year's rate of 89.1%.

This chart shows the percentage of owner in Palm Shores, FL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$77,500

Median Household Income

± $27,454

588

Number of Households

± 115

In 2024, the median household income of the 588 households in Palm Shores, FL declined from $77,500 from the previous year's value of $86,563.

The following chart displays the households in Palm Shores, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Palm Shores, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (79.1%)
Worked At Home (12.8%)
Carpooled (3.93%)

In 2024, 79.1% of workers in Palm Shores, FL drove alone to work, followed by those who worked at home (12.8%) and those who carpooled to work (3.93%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

25 minutes

Average Travel Time

Using averages, employees in Palm Shores, FL have a shorter commute time (25 minutes) than the normal US worker (26.4 minutes). Additionally, 1.83% of the workforce in Palm Shores, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palm Shores, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Palm Shores, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palm Shores, FL have 2 cars.

Poverty

Poverty & Diversity

6.23% of the population for whom poverty status is determined in Palm Shores, FL (90 out of 1.45k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 18 - 24 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Palm Shores, FL is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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