age was 67 years. For every 100 females, there were 75.2 males. For every 100 females aged 18 and over, there were 76.0 males. The median income for a household in the town was US$39,375, and the median income for a family was $47,250. Males had a median income of $41,591 versus $30,536 for females. The per capita income for the town was $38,456. About 15.3% of families and 15.7% of the population were below the poverty line, including none of those under age 18 and 15.9% of those aged 65 or over. As of 2000, English was the first language spoken by 92.96% of residents, Finnish by 3.90%, and French as a mother tongue made up 3.12% of the population. Shore stabilization From 2003 to 2016, there have been six shoreline and dune restoration projects for the town's beach. Since 2007, Palm Beach County has completed several engineering studies to evaluate long-term erosion control alternatives, including doing nothing. The Town of Palm Beach completed its beach nourishment projects in 2016 pronouncing its "coastline is in pretty good shape." No shore stabilization work was performed in South Palm Beach. Plans called for a $5.6 million "Southern Palm Beach Island Comprehensive Shore Stabilization Project" during 2019 and 2020 that was designed to rebuild about 0.67 miles of the town's shoreline. In early 2019, the County determined that the project was "cost prohibitive" and officially withdrew a request for the needed permits from the Florida Department of Environmental Protection. With assistance from the Town of Palm Beach, a smaller beach nourishment option by trucking sand to feed the eroding town's beachfront may be possible in early 2019. After more than ten years and a devastated shoreline - with several properties only having seawalls remaining against the ocean waves - rather than a beach stabilization project, a restoration of the beach by trucking in sand was conducted in 2021. Economy Business Originally built in 1964, the Polynesian-inspired, 58-room Palm Beach Oceanfront Inn and its ocean-front restaurant Tides Bar and Grille, located at 3550 South Ocean Boulevard, made up the only commercial business establishment within the town of South Palm Beach. It was described as "one of the last vestiges of old Florida along A1A." Kosova Realty bought the inn for $3.3 million in 2002 and named it Palm Beach Oceanfront Inn. Known to locals by its former name, the Hawaiian Inn, the two-story