Living in Palm Beach Shores, Florida
Cost of living, income, home prices, rent and demographics of Palm Beach Shores · Census data 2020–2024
Palm Beach Shores has 1,248 residents with a median age of 60.4. The median household income is $86,786 (16% higher than the Florida median), the median home value is $647,400, the median rent is $1,842/month.
Palm Beach Shores is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palm Beach Shores at a glance
- Population
- 1,248
- Median age
- 60.4State: 42.6
- Median household income
- $86,786State: $74,568
- Median home value
- $647,400State: $359,000
- Median rent
- $1,842/moState: $1,669
- Homeowners
- 60.9%
- Bachelor's degree or higher
- 54.2%
- Average commute
- 35 min
Is Palm Beach Shores a good place to live?
Pros: Median household income 16% higher than the Florida median; a poverty rate of 5.3%.
Cons: Home values 80% higher than the state median; an average commute of 35 minutes; unemployment of 9.1%.
The weather is best in December to March.
Cost of living in Palm Beach Shores
Housing is the biggest part of the cost of living. In Palm Beach Shores the median home value is $647,400, 95% higher than the U.S. median. Renters pay a median of $1,842 per month, which is 27.8% of household income. Homeowners with a mortgage pay $2,898 a month in housing costs.
Palm Beach Shores median household income
The median household income in Palm Beach Shores is $86,786 and the income per person is $97,476. 5.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Palm Beach Shores: homes for sale and rent
- Housing units
- 1,216
- Owner-occupied
- 60.9%
- Renter-occupied
- 39.1%
- Vacant
- 41.9%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 1.74
41.9% of homes are vacant most of the year, a sign that Palm Beach Shores has many vacation and second homes.
Palm Beach Shores demographics
- Population
- 1,248
- Median age
- 60.4
- Under 18
- 5.2%
- 65 and older
- 34.6%
- Households
- 706
- Foreign-born
- 14.2%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Palm Beach Shores ›
Education in Palm Beach Shores
54.2% of adults 25 and older in Palm Beach Shores have a bachelor's degree or higher (Florida: 34.1%), and 16.9% have a graduate or professional degree.
Jobs and commute in Palm Beach Shores
- Unemployment rate
- 9.1%State: 4.8%
- Average commute
- 35 minState: 28 min
- Work from home
- 21.4%
- Drive alone
- 58.6%
- Public transit
- 0.8%
- Walk to work
- 5.9%
- Homes with broadband
- 81.7%
Palm Beach Shores vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palm Beach Shores | 1,248 | $86,786 | $647,400 | $1,842 |
| Lake Park | 9,081 | $70,954 | $394,400 | $1,600 |
| Riviera Beach | 38,657 | $68,060 | $354,500 | $1,702 |
| Mangonia Park | 2,384 | $60,781 | $338,100 | $1,723 |
| North Palm Beach | 13,238 | $90,049 | $513,000 | $2,010 |
| Juno Ridge | 1,072 | $132,654 | — | $1,441 |
| Palm Beach | 9,348 | $168,403 | $2,000,001 | $2,311 |
| West Palm Beach | 122,290 | $73,446 | $414,200 | $1,772 |
| Cabana Colony | 2,045 | $89,875 | $436,600 | $2,421 |
More for people moving to Palm Beach Shores
Palm Beach Shores ZIP code ›Weather and climate ›Living in Palm Beach Shores: FAQ
What is the median household income in Palm Beach Shores, FL?
The median household income in Palm Beach Shores is $86,786, 16% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palm Beach Shores?
The median home value in Palm Beach Shores is $647,400, compared with $359,000 in Florida.
How much is rent in Palm Beach Shores?
The median gross rent in Palm Beach Shores is $1,842 per month, about 27.8% of household income.
Is Palm Beach Shores, FL a good place to live?
Pluses: median household income 16% higher than the Florida median; a poverty rate of 5.3%. Minuses: home values 80% higher than the state median; an average commute of 35 minutes; unemployment of 9.1%.
What is the median age in Palm Beach Shores?
The median age in Palm Beach Shores is 60.4 years (Florida: 42.6).
How long is the commute in Palm Beach Shores?
The average commute to work in Palm Beach Shores is 35 minutes; 21.4% of workers work from home.
What is the unemployment rate in Palm Beach Shores?
The unemployment rate in Palm Beach Shores is 9.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palm Beach Shores?
54.2% of adults in Palm Beach Shores have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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