Finding the Best Places to Retire Since 2006!
Retire in Palm Shores, Florida?
Overview: Little Palm Shores sits along the Indian River Lagoon on Florida's Space Coast. It is a quiet, residential place where many people know one another.
Neighborhoods are named and high density. They are not fancy but are comfortable and contain mostly brick ranch ramblers and single story Mediterraneans. Palm trees, oak trees and hickory trees adorn lawns that abut lanes without sidewalks. Two popular neighborhoods are Palm Shores Estates and Honeybrook Plantation. Riverview is a 55+ mobile home community. Mom and pop retailers and service providers, including a marine supply store, a motorcycle store, law offices and an animal clinic, are scattered about town. Seafood grilles and diners make up the dining scene. There are boat launches along the river, and recently renovated Shoreside Park has nice grassy areas, a fishing pier and a small strip of sand. Busy U.S. Route 1 runs along the east side of town.
Population: 1,050 (city proper)
Percentage of Population Age 45 or Better: 46%
Cost of Living: 2% above the national average
Median Home Price: $215,000
Climate: Palm Shores has a hot, humid climate. Summer temperatures are in the 80s and 90s with high humidity levels and frequent rainstorms. Winter temperatures are in the 60s and 70s.
At Least One Hospital Accepts Medicare Patients? No, but Viera Hospital is just four miles away and accepts Medicare patients.
At Least One Accredited by Joint Commission? No, but Viera Hospital is just four miles away and is accredited.
Public Transit: No
Crime Rate: Below the national average
Public Library: No
Political Leanings: Conservative
Is Florida Considered Tax Friendly for Retirement? Yes
Cons: Hurricanes and tropical storms can happen.
Notes: Palm Shores is not exciting but seems to be a nice town. Its population has grown by 335% in the last decade or two, whereas some other Space Coast towns have lost population.
Recommended as a Retirement Spot? Yes
Named Pascua Florida by Juan Ponce De Leon, the Sunshine State did not enter the Union until March 3, 1845. Balmy mild winters began attracting snowbirds to the state in the late 19th century. Retirees continue to flock to the state. It's not hard to see why tourism has become the leading industry.
International trade and citrus are also major contributors to the state's economy. Eighty percent of the nation's oranges and grapefruits are grown here, and 40 percent of all U.S. exports to Latin America flow through Florida.
Florida's landscape includes uplands and coastal plains. It contains more than 11,000 miles of waterways and about 4,500 islands spread across 10 acres.
The state has 1,250 golf courses, more than any other state in the Union. The 47 mile Pinellas Trail is the longest urban trail on the east coast. Orlando theme parks attract more visitors than any other theme parks in the U.S. The only place in the world where alligators and crocodiles co-exist is in National Everglades Park.
Florida, particularly the Keys and the Gulf Coast, were struck by Category 4 Hurricane Irma in early September, 2017. Towns will rebuild, perhaps this time with climate change in mind, making them safer and better equipped to handle major hurricanes going forward.
Population - 20,612,439
Persons 65 years old and over - 20%
High school graduates, persons age 25+ - 87%
Bachelor's degree or higher, persons age 25+ - 27%
Persons of Hispanic or Latino origin - 24%
White persons, not Hispanic - 58%
Median household income - $47,525
Median home value - $159,900
Social Security taxed? No
Source: U.S. Census Bureau
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