Population 1,564 · Census ACS 2020–24
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Population and households in Palm Shores
Household size in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.30 | 2.47 | 2.63 | 2.68 |
| 2010–14 | 2.41 | 2.50 | 2.73 | 2.73 |
| 2015–19 | 2.39 | 2.57 | 2.75 | 2.71 |
| 2020–24 | 2.46 | 2.52 | 2.63 | 2.65 |
| Change | +0.16 | +0.05 | +0.00 | −0.03 |
The average household in Palm Shores has 2.46 people, under the U.S. average of 2.65. That is in line with the rest of the Melbourne area. Household size has climbed from 2.30 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 48.0 | 44.4 | 40.8 | 37.7 |
| 2010–14 | 46.9 | 45.7 | 42.0 | 38.6 |
| 2015–19 | 47.5 | 46.4 | 43.0 | 39.6 |
| 2020–24 | 36.9 | 46.2 | 43.5 | 40.1 |
| Change | −11.1 | +1.7 | +2.7 | +2.3 |
The median resident of Palm Shores is 36.9 years old, a few years younger than the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.0% | 9.5% | 12.4% | 12.3% |
| 2010–14 | 4.2% | 10.3% | 12.2% | 12.3% |
| 2015–19 | 6.1% | 9.2% | 11.5% | 11.6% |
| 2020–24 | 6.0% | 9.2% | 11.4% | 11.6% |
| Change | −2.0 pts | −0.4 pts | −1.0 pts | −0.6 pts |
Single parents head only 6.0% of households in Palm Shores, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Palm Shores
Renters in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.5% | 23.6% | 30.3% | 33.3% |
| 2010–14 | 26.6% | 27.6% | 33.9% | 35.6% |
| 2015–19 | 24.2% | 25.7% | 34.6% | 36.0% |
| 2020–24 | 22.2% | 23.3% | 32.4% | 34.8% |
| Change | +12.7 pts | −0.3 pts | +2.1 pts | +1.5 pts |
Palm Shores is largely a place of homeowners: only 22.2% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. More than four in ten owners (44.8%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.9% | 16.1% | 17.2% | 11.4% |
| 2010–14 | 11.6% | 16.8% | 17.6% | 11.4% |
| 2015–19 | 12.9% | 15.5% | 15.4% | 11.1% |
| 2020–24 | 8.1% | 12.7% | 12.5% | 9.6% |
| Change | −11.8 pts | −3.5 pts | −4.8 pts | −1.8 pts |
Fewer homes sit empty in Palm Shores than nationally: 8.1%, against 9.6% for the U.S.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 1991 | 1984 | 1984 | 1974 |
| 2010–14 | 1992 | 1985 | 1985 | 1975 |
| 2015–19 | 1993 | 1986 | 1986 | 1977 |
| 2020–24 | 1994 | 1988 | 1989 | 1980 |
| Change | +3 | +4 | +5 | +6 |
Much of the housing in Palm Shores is relatively new: half of its homes were built after 1994, compared with 1980 for the U.S. as a whole.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | $461 | $1,026 | $1,092 | $965 |
| 2010–14 | $840 | $1,034 | $1,123 | $1,040 |
| 2015–19 | $1,290 | $1,231 | $1,323 | $1,213 |
| 2020–24 | $1,642 | $1,688 | $1,816 | $1,571 |
| Change | +$1,181 | +$661 | +$724 | +$606 |
A typical rental in Palm Shores costs $1,642 a month with utilities, close to the national median of $1,571. The typical renter here spends 23.5% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Palm Shores
Bachelor's degrees in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 22.4% | 25.8% | 26.4% | 28.4% |
| 2010–14 | 24.4% | 26.4% | 27.0% | 29.6% |
| 2015–19 | 23.9% | 29.6% | 30.0% | 32.1% |
| 2020–24 | 29.8% | 33.8% | 34.6% | 35.6% |
| Change | +7.4 pts | +8.0 pts | +8.2 pts | +7.2 pts |
About three in ten adults 25 and older in Palm Shores (29.8%) have a bachelor's degree or higher, a little below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 91.3% | 90.5% | 85.5% | 84.9% |
| 2010–14 | 89.7% | 90.4% | 86.5% | 86.1% |
| 2015–19 | 89.2% | 92.0% | 88.2% | 87.7% |
| 2020–24 | 97.8% | 93.1% | 90.0% | 89.3% |
| Change | +6.5 pts | +2.6 pts | +4.4 pts | +4.3 pts |
Finishing high school is nearly universal in Palm Shores: 97.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Palm Shores
| Period | Palm Shores | Melbourne area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.6% | 8.8% | 8.9% | 8.1% |
| 2010–14 | 5.5% | 12.0% | 11.0% | 9.4% |
| 2015–19 | 4.1% | 5.2% | 5.7% | 5.6% |
| 2020–24 | 3.2% | 4.9% | 4.8% | 5.4% |
| Change | −3.4 pts | −3.9 pts | −4.1 pts | −2.7 pts |
The job market in Palm Shores has been strong: just 3.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Palm Shores compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Palm Shores | 2.46 | 36.9 | 6.0% | 22.2% | 8.1% | 1994 | $1,642 | 29.8% | 97.8% | 3.2% |
| Melbourne area | 2.52 | 46.2 | 9.2% | 23.3% | 12.7% | 1988 | $1,688 | 33.8% | 93.1% | 4.9% |
| Satellite Beach | 2.55 | 44.2 | 7.1% | 15.3% | 12.9% | 1975 | $1,865 | 53.9% | 98.0% | 3.7% |
| Indian Harbour Beach | 2.36 | 46.3 | 8.1% | 19.8% | 18.0% | 1980 | $1,787 | 54.9% | 98.2% | 2.0% |
| Patrick Afb | 3.02 | 24.9 | 9.1% | 100.0% | 13.9% | 1990 | $2,190 | 48.0% | 97.4% | 3.2% |
| Melbourne Village | 2.42 | 41.5 | 17.2% | 25.5% | 17.7% | 1964 | $1,385 | 49.6% | 91.1% | 1.2% |
| Indialantic | 2.22 | 51.7 | 8.0% | 15.9% | 17.7% | 1980 | $1,806 | 55.6% | 98.5% | 4.9% |
| West Melbourne | 2.65 | 41.0 | 9.0% | 23.8% | 9.2% | 1998 | $1,853 | 40.6% | 95.2% | 4.4% |
| Melbourne Beach | 2.01 | 59.9 | 1.2% | 14.6% | 25.4% | 1986 | $1,678 | 56.7% | 98.0% | 2.1% |
| Pine Grove | 3.03 | 41.1 | 5.0% | 9.6% | 7.4% | 2009 | $1,653 | 41.1% | 96.3% | 8.2% |
| Narcoossee | 3.29 | 35.5 | 10.0% | 14.0% | 10.9% | 2016 | $1,179 | 37.6% | 92.9% | 2.0% |
All figures 2020–24.
Cities with similar populations: Graeagle, CA · Spaulding, IL · Skagway, AK · Sidney Center, NY · Shabbona, IL · Marlinton, WV · Lime Springs, IA · Lehigh, ND · Laurel, NE · Ione, WA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Palm Shores. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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