CitytisticsShortlist

Cost of living, pay and housing

28.19° N · 80.66° W · GEOID 1254425

Palm Shores

Brevard County, Florida · part of the Palm Bay, FL metro

Limited data population under 5,000

FloridaPalm Shores, FLPalm ShoresPalm Shores

The short answer

Palm Shores is home to 1,458 people. Median household income is $77,500 a year and median rent is $1,050 a month, 16.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $351,600, about 4.5x annual median household income.

Median gross rent
$1,050
23% below the median place
Median household income
$77,500
3% below the median place
Median home value
$351,600
10% above the median place
Unemployment
4.8%
1% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Palm Shores

  • Between the 2019 and 2023 surveys, household income rose 3.1% a year while rent rose -15%, so pay gained on rent more than in 99% of the 2,476 places under 10,000 people we track. It is the lowest of 473 Florida places.
  • 88% of homes are owner-occupied, more than in 87% of places its size.
  • Half the homes were built after 1997, newer housing than in 87% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 98 out of 100. Budget for insurance before counting the savings.

01

Moving to Palm Shores

Brevard County gains about 20.3 residents per 1,000 a year to moves between counties.

Moved in35,446
Moved out25,148
Net+10,298

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$81K
Leavers$68K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Brevard County; flows under 20 returns are not published.

Who moves here
6.4% of residents arrived from another county in the past year, 3.7% from another state. County figure.
Who arrives and who leaves
Households moving into Brevard County report $81,000 a year in income on average; those leaving, $68,400, so newcomers earn more than leavers.
Income you would need
$42,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,050 a month; owners with a mortgage pay $1,840 a month including taxes and insurance, on a median home of $351,600.
Getting to work
25 minutes each way on average; 12.8% work from home.
If it is close but not quite
North Bend, OR matches it on character. Compare the two
Net movers per 1,000 people8
20.3
above the median place (median -0.6)
Moved from another state1
3.7%
88% above the median place
Income of households moving in8
$80,978
15% above the median place
All 5 moving measures
MeasurePalm ShoresAmong 6,645 placesVs median
Moved here in the past year1County figure6.4%12% above
Moved from another state1County figure3.7%88% above
Net movers per 1,000 people8County figure20.3above (median -0.6)
Income of households moving in8County figure$80,97815% above
Income of households moving out8County figure$68,3743% below
02

What it costs to live here

Homeownership is 87.8%, 32% above the median place.

Palm Shores16.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$42,000
a year, at the 30% line
Rent to income
16.3%
20% below the median place
Home price to income
4.5x
19% above the median place

Could you afford it?

The median rent would take
16%
comfortably under the 30% line
Left after rent, in US prices
$67,000
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Palm Shores, $1,050 a month, and local prices for everything else (97.6 against a US average of 100). It runs in your browser and stores nothing.

Like Palm Shores, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Schlusser, PA12.7% vs 16.3%$14,700Compare

Moving from somewhere else? Work out the salary you would need in Palm Shores.

Sponsored · exampleMoving to Palm Shores? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
87.8%
32% above the median place
Property tax rate1
0.6%
40% below the median place
Median year built1
1997
1% above the median place
All 16 cost and housing measures
MeasurePalm ShoresAmong 6,645 placesVs median
Median gross rent1$1,05023% below
Rent to income116.3%20% below
Property tax rate10.6%40% below
Home price to income14.5x19% above
Prices vs US average2Metro figure100.01% below
Fair market rent, 2 bedrooms3County figure$1,77910% above
HUD area median income4County figure$97,00010% below
Property tax paid (median)1$1,93941% below
Median home value1$351,60010% above
Home prices, 1-year change5County figure-0.8%below (median 3.2%)
Home prices, 5-year change5County figure54.2%5% above
Homeownership187.8%32% above
Renters paying 30%+1County figure55.7%10% above
Owner costs with a mortgage1$1,8402% below
Vacant homes110.5%49% above
Median year built119971% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Median household income1
$77,500
3% below the median place
Income per person1
$40,771
2% above the median place
All 10 work and pay measures
MeasurePalm ShoresAmong 6,645 placesVs median
Median household income1$77,5003% below
Income per person1$40,7712% above
Unemployment1County figure4.8%1% below
Average annual pay6County figure$70,8337% above
Pay growth, 1 year6County figure4.1%11% above
Jobs6County figure243,56862% above
Poverty rate1County figure10.2%5% below
Mean commute125 min0% above
Works from home112.8%2% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

High school or higher is 97.2%, 5% above the median place.

High school or higher1
97.2%
5% above the median place
Median age1
44.9
15% above the median place
No health insurance1
8.4%
31% above the median place

More about who lives here, against the typical place

Homes with broadband93.5% +1%
Born abroad10.6% +20%
Household size2.5 −1%
Bachelor's or higher31.4% −2%
All 9 people measures
MeasurePalm ShoresAmong 6,645 placesVs median
Population11,4586646th largest
Population change since 202070.7%42% below
Median age144.915% above
Bachelor's or higher131.4%2% below
High school or higher197.2%5% above
Household size12.51% below
Born abroad110.6%20% above
No health insurance18.4%31% above
Homes with broadband193.5%1% above
05

Life in Palm Shores

44 sites are on the National Register of Historic Places, 2 of them National Historic Landmarks.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k13.7 +46%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi1.7 8.0×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars19.0 −9%
Shops32.4 +7%
Arts, recreation and fitness3.6 −12%
Doctors' offices and clinics23.1 +14%
Child care centers1.5 −35%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k9
1.5
35% below the median place
Public school students12
73,577
above the median place (median 4,897)
Public schools12
109
above the median place (median 9)
All 16 schools and local life measures
MeasurePalm ShoresAmong 6,645 placesVs median
Public schools12County figure109above (median 9)
Public school students12County figure73,577above (median 4,897)
Students per teacher12County figure16.36% above
Restaurants and bars per 10k9County figure19.09% below
Shops per 10k9County figure32.47% above
Arts, recreation and fitness per 10k9County figure3.612% below
Doctors' offices and clinics per 10k9County figure23.114% above
Child care centers per 10k9County figure1.535% below
Parks per 10k100.0below (median 10.2)
Playgrounds per 10k1013.746% above
Grocery stores per 10k100.0below (median 2.1)
Restaurants, cafes and bars per 10k100.0below (median 11.2)
Libraries per 10k100.0below (median 0.9)
Named paths and bike trails100.0below (median 2.0)
Transit stops per sq mi101.7above (median 0.2)
National Register listings11County figure44238% above
06

Safety, weather and risk

January average low is 52°F, 105% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Palm Shores. Larger places are fetched first.

January average low13
52°F
105% above the median place
Hurricane risk14
99.7
41% above the median place
Average temperature13
73°F
33% above the median place
All 11 weather and risk measures
MeasurePalm ShoresAmong 6,645 placesVs median
July average high13County figure90°F4% above
January average low13County figure52°F105% above
Average temperature13County figure73°F33% above
Annual precipitation13County figure51.5 in18% above
Natural hazard risk14County figure98.46% above
Hurricane risk14County figure99.741% above
Tornado risk14County figure95.317% above
Wildfire risk14County figure97.259% above
Heat wave risk14County figure85.55% below
Median air quality index15County figure3812% below
Good air days15County figure91.2%33% above
08

Palm Shores in 2030: where the trends point

If recent trends hold, the median rent will take about 16% of the median income in 2030, about the same as 16% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,050/mo (2023)$1,280/mo$1,030 to $1,580/mo+2.9%
Median household income$77,500 (2024)$97,000$82,000 to $114,500+3.8%
Median home value$351,600 (2024)$516,000$375,000 to $711,000+6.6%
Population1,209 (2025)1,2201,170 to 1,280+0.2%

The median home would be worth 5.3 years of the median income in 2030, against 4.5 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Palm Shores

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
North Bend, OR$1,066$81,320Compare
Pasadena Hills, FL$1,167$84,821Compare
Laconia, NH$1,224$73,218Compare
East Providence, RI$1,288$75,912Compare
East Providence, RILaconia, NHPasadena Hills, FLNorth Bend, ORPalm Shores, FLPalm ShoresNorth BendPasadena HillsLaconiaEast ProvidencePalm ShoresNorth BendPasadena HillsLaconiaEast Providence

Common questions

Is Palm Shores a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2023 surveys, household income rose 3.1% a year while rent rose -15%, so pay gained on rent more than in 99% of the 2,476 places under 10,000 people we track. It is the lowest of 473 Florida places. 88% of homes are owner-occupied, more than in 87% of places its size. See how it ranks with your own weights.

Is Palm Shores expensive to live in?

The median rent takes 16.3% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $351,600.

What salary do you need to live in Palm Shores?

To rent the median home without spending more than 30% of income on rent, a household needs about $42,000 a year. Work it out from your current city.

What places are similar to Palm Shores?

On income, rent, home value, education and age, the closest matches are North Bend, OR, Pasadena Hills, FL, Laconia, NH and East Providence, RI.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Palm Shores with places of a similar size, using only figures measured for Palm Shores itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/palm-shores-florida

Citytistics. “Palm Shores, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/palm-shores-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.