Palm Beach Shores is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 1,194 people and just one neighborhood, Palm Beach Shores is the 405th largest community in Florida.
Real Estate Prices
Palm Beach Shores home prices are not only among the most expensive in Florida, but Palm Beach Shores real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Palm Beach Shores is a decidedly white-collar town, with fully 85.46% of the workforce employed in white-collar jobs, well above the national average. Overall, Palm Beach Shores is a town of sales and office workers, managers and professionals. There are especially a lot of people living in Palm Beach Shores who work in management occupations (21.71%), sales jobs (16.93%) and office and administrative support (10.76%).
Of important note, Palm Beach Shores is also a town of artists. Palm Beach Shores has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Palm Beach Shores’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.43% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Another notable thing is that Palm Beach Shores is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
One of the nice things about Palm Beach Shores is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.