Is Palm Shores, FL growing?
Palm Shores, FL had an estimated 1,458 (±327) residents in 2020–2024, against 1,226 in 2015–2019.
That is a change of +18.9%, not a measurable change.
Its housing went from 540 to 657 homes (+21.7%), not a measurable change.
2.6% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,458 (±327)
- Amount of change
- +18.9%
- Homes change
- +21.7%
- Built 2020 or later
- 2.6%
Residents and homes in Palm Shores, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,226 (±327) | 1,458 (±327) | +18.9% | Not a measurable change |
| Housing units | 540 (±122) | 657 (±117) | +21.7% | Not a measurable change |
| Households that rent | 18.9% (±13.3 points) | 12.2% (±6.1 points) | −6.7 percentage points | Not a measurable change |
| Median home value | $214,800 (±$17,377) | $351,600 (±$18,750) | +63.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Palm Shores against Brevard County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Palm Shores | +18.9% | Not a measurable change | +21.7% |
| Brevard County | +8.1% | Measurable increase | +7.6% |
| Florida | +7.2% | Measurable increase | +8.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Palm Shores
| Year built | Palm Shores | Brevard County | Florida | United States |
|---|---|---|---|---|
| 2020 or later | 2.6% (±3.0 points) | 2.9% | 3.2% | 2.0% |
| 2010 to 2019 | 18.7% (±8.7 points) | 8.0% | 11.0% | 9.4% |
| 2000 to 2009 | 19.6% (±9.3 points) | 18.7% | 18.1% | 13.6% |
21.3% of the homes in Palm Shores were built in 2010 or later.
The median age of residents is 44.9 years.
Growth in places near Palm Shores
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Palm Shores | — | 1,458 | +18.9% | Not a measurable change |
| South Patrick Shores | 3.1 mi | 7,030 | +2.7% | Not a measurable change |
| Satellite Beach | 3.8 mi | 11,313 | +4.0% | Measurable increase |
| Patrick AFB | 4.1 mi | 1,644 | +7.2% | Not a measurable change |
| Indian Harbour Beach | 4.3 mi | 9,025 | +6.6% | Measurable increase |
| Melbourne | 5.6 mi | 86,576 | +6.3% | Measurable increase |
| Viera East | 5.9 mi | 12,570 | +6.6% | Not a measurable change |
| Viera West | 6.2 mi | 17,984 | +58.2% | Measurable increase |
| Melbourne Village | 7.2 mi | 778 | −4.4% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm Shores
Is Palm Shores growing?
Palm Shores, FL had an estimated 1,458 residents in 2020–2024 and 1,226 in 2015–2019, a change of +18.9%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Palm Shores?
The estimated number of housing units went from 540 in 2015–2019 to 657 in 2020–2024 (+21.7%), not a measurable change.
How much new construction is there in Palm Shores?
2.6% of homes in Palm Shores were built in 2020 or later and 18.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Palm Shores town, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Shores town, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Palm Shores town, Florida
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Palm Shores town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palm Shores town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palm Shores town, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Palm Shores town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palm Shores town, Florida (place:54425, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Palm Shores at a glance
- Income and affordability in Palm Shores
- Home values in Palm Shores
- Homeowner costs in Palm Shores
- Property taxes in Palm Shores
- Types of homes in Palm Shores
- Bedrooms in Palm Shores
- Heating fuel in Palm Shores
- Commute and cars in Palm Shores
- How long people stay in Palm Shores
- Florida landlord and tenant rules
- Housing across Brevard County
- Housing data for every place in Florida