Palm Shores, Florida

Population

Growing. Up 0.7% since 2020.

1,209

people, the 326th-largest of Florida's cities and towns.

Census Population Estimates, 2025. Rank among Florida's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

Every job here goes to someone who lives somewhere else.

99.8%

of 519 jobs located in Palm Shores are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 131% since the 2005–2009 survey, before inflation.

$2,010

a month. Florida's median is $1,669.

Census ACS 5-year, 2015-2019 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $1,856 gap between neighbors, the sharpest rent edge between adjacent tracts in Brevard County.

• $1,207 Tract 625
• $3,063 Tract 712.05

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$1,269–$1,904

is the monthly rent range local workforce wages support.

• $2,010 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2015-2019. Sources: Computed by the Almanac, Census ACS 5-year

Building

59% of the housing here was built before 2000.

• 2 homes permitted, 2022–2025
• 0% of those were in multifamily buildings
• 59% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0–0.8% to the 657 homes here.

0–5

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 2% less than Florida's.

$351,600

median home value in Palm Shores.

• $351,600 Palm Shores
• $359,000 Florida
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year