Living in Desoto Lakes, Florida
Cost of living, income, home prices, rent and demographics of Desoto Lakes · Census data 2020–2024
Desoto Lakes has 1,735 residents with a median age of 41.1. The median household income is $76,417 (about the same as the Florida median), the median home value is $357,700, the median rent is $1,468/month.
Desoto Lakes at a glance
- Population
- 1,735
- Median age
- 41.1State: 42.6
- Median household income
- $76,417State: $74,568
- Median home value
- $357,700State: $359,000
- Median rent
- $1,468/moState: $1,669
- Homeowners
- 66.5%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 26 min
Is Desoto Lakes a good place to live?
Pros: Median household income about the same as the Florida median; home values about the same as the state median; an average commute of 26 minutes.
Cons: Unemployment of 8.5%; a poverty rate of 28.1%.
The weather is best in February–March and November–December.
Cost of living in Desoto Lakes
Housing is the biggest part of the cost of living. In Desoto Lakes the median home value is $357,700, 8% higher than the U.S. median. Renters pay a median of $1,468 per month, which is 28.7% of household income. Homeowners with a mortgage pay $1,359 a month in housing costs.
Desoto Lakes median household income
The median household income in Desoto Lakes is $76,417 and the income per person is $33,453. 28.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Desoto Lakes: homes for sale and rent
- Housing units
- 671
- Owner-occupied
- 66.5%
- Renter-occupied
- 33.5%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.73
Desoto Lakes demographics
- Population
- 1,735
- Median age
- 41.1
- Under 18
- 22.4%
- 65 and older
- 16.8%
- Households
- 636
- Foreign-born
- 16.5%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Desoto Lakes ›
Education in Desoto Lakes
21.6% of adults 25 and older in Desoto Lakes have a bachelor's degree or higher (Florida: 34.1%), and 2.7% have a graduate or professional degree.
Jobs and commute in Desoto Lakes
- Unemployment rate
- 8.5%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 0%
- Drive alone
- 79.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.8%
Desoto Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Desoto Lakes | 1,735 | $76,417 | $357,700 | $1,468 |
| Desoto Acres | 641 | $120,982 | $585,800 | — |
| Kensington Park | 3,916 | $90,000 | $328,600 | $972 |
| The Meadows | 5,492 | $69,774 | $382,400 | $1,740 |
| North Sarasota | 2,824 | $85,179 | $241,600 | $2,076 |
| Pinecraft | 305 | $36,160 | $354,000 | $640 |
| Sarasota | 56,970 | $72,105 | $463,000 | $1,684 |
| Fruitville | 15,172 | $82,246 | $412,500 | $1,977 |
| Whitfield | 4,261 | $98,348 | $470,500 | $2,113 |
More for people moving to Desoto Lakes
Desoto Lakes ZIP code ›Weather and climate ›Living in Desoto Lakes: FAQ
What is the median household income in Desoto Lakes, FL?
The median household income in Desoto Lakes is $76,417, about the same as 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 Desoto Lakes?
The median home value in Desoto Lakes is $357,700, compared with $359,000 in Florida.
How much is rent in Desoto Lakes?
The median gross rent in Desoto Lakes is $1,468 per month, about 28.7% of household income.
Is Desoto Lakes, FL a good place to live?
Pluses: median household income about the same as the Florida median; home values about the same as the state median; an average commute of 26 minutes. Minuses: unemployment of 8.5%; a poverty rate of 28.1%.
What is the median age in Desoto Lakes?
The median age in Desoto Lakes is 41.1 years (Florida: 42.6).
How long is the commute in Desoto Lakes?
The average commute to work in Desoto Lakes is 26 minutes; 0% of workers work from home.
What is the unemployment rate in Desoto Lakes?
The unemployment rate in Desoto Lakes is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Desoto Lakes?
21.6% of adults in Desoto Lakes 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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