Florida · Census place 54425
Palm Shores town, FL
Quick answer
Palm Shores town has 1,479 residents, ranking #731 of 955 places in Florida. Median household income is $86,563, the median home is worth $341,800 and median gross rent runs $1,050 a month.
- Population
- 1,479Palm Shores town residents
- Median household income
- $86,563Past 12 months, inflation adjusted
- Median home value
- $341,800Owner-occupied units
- Median gross rent
- $1,050Rent plus utilities, monthly
- Median age
- 44.4 yrsAll residents
- Homeownership rate
- 89.1%Owner-occupied households
What the numbers mean in Palm Shores town
Housing cost measured against local earnings.
A household earning the Palm Shores town median would spend about 14.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.9% of residents and 89.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Key Vista CDP 1,503
- Callahan town 1,502
- Glencoe CDP 1,479
- Ocean Ridge town 1,461
- Pierson town 1,456
- Bronson town 1,455
- Lacoochee CDP 1,445
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