Living in DeSoto, Texas

Cost of living, income, home prices, rent and demographics of DeSoto · Census data 2020–2024

DeSoto has 56,211 residents with a median age of 41.9. The median household income is $82,782 (5% higher than the Texas median), the median home value is $319,400, the median rent is $1,666/month.

DeSoto at a glance

Population
56,211
Median age
41.9State: 35.6
Median household income
$82,782State: $78,476
Median home value
$319,400State: $283,800
Median rent
$1,666/moState: $1,403
Homeowners
69.6%
Bachelor's degree or higher
30.1%
Average commute
31 min

Is DeSoto a good place to live?

Pros: Median household income 5% higher than the Texas median; a poverty rate of 7.6%.

Cons: Home values 13% higher than the state median; an average commute of 31 minutes; unemployment of 8.9%.

The weather is best in April–May and October–November.

Cost of living in DeSoto

Housing is the biggest part of the cost of living. In DeSoto the median home value is $319,400, 4% lower than the U.S. median. Renters pay a median of $1,666 per month, which is 39.6% of household income. Homeowners with a mortgage pay $2,119 a month in housing costs.

Median home value

DeSoto$319,400
Texas$283,800
United States$332,700

Median monthly rent

DeSoto$1,666
Texas$1,403
United States$1,413

DeSoto median household income

The median household income in DeSoto is $82,782 and the income per person is $39,003. 7.6% of residents live below the poverty line (Texas: 13.8%).

Median household income

DeSoto$82,782
Texas$78,476
United States$80,734

Housing in DeSoto: homes for sale and rent

Housing units
21,718
Owner-occupied
69.6%
Renter-occupied
30.4%
Vacant
4.7%Includes seasonal homes
Median year built
1993
Average household size
2.69

DeSoto demographics

Population
56,211
Median age
41.9
Under 18
20.6%
65 and older
15.9%
Households
20,693
Foreign-born
7.8%
Veterans
7.1%Adults 18+

Race and ethnicity

White13.5%
Hispanic or Latino18.9%
Black67.6%
Asian0.9%

Hispanic or Latino can be of any race. Population history of DeSoto ›

Education in DeSoto

30.1% of adults 25 and older in DeSoto have a bachelor's degree or higher (Texas: 33.8%), and 12.8% have a graduate or professional degree.

Bachelor's degree or higher

DeSoto30.1%
Texas33.8%
United States35.7%

Jobs and commute in DeSoto

Unemployment rate
8.9%State: 5.3%
Average commute
31 minState: 27 min
Work from home
17%
Drive alone
72.8%
Public transit
0.3%
Walk to work
0.4%
Homes with broadband
93.7%

DeSoto vs nearby towns

TownPopulationMedian incomeHome valueRent
DeSoto56,211$82,782$319,400$1,666
Glenn Heights18,096$81,718$309,600$1,675
Ovilla4,375$131,434$446,700—
Duncanville39,683$76,457$255,500$1,630
Lancaster40,820$68,302$246,300$1,704
Cedar Hill48,879$101,909$302,700$1,993
Oak Leaf1,827$131,806$411,300—
Bear Creek Ranch1,604$81,250$291,300—
Red Oak17,077$104,561$366,100$1,920

More for people moving to DeSoto

DeSoto ZIP code ›Weather and climate ›

Living in DeSoto: FAQ

What is the median household income in DeSoto, TX?

The median household income in DeSoto is $82,782, 5% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in DeSoto?

The median home value in DeSoto is $319,400, compared with $283,800 in Texas.

How much is rent in DeSoto?

The median gross rent in DeSoto is $1,666 per month, about 39.6% of household income.

Is DeSoto, TX a good place to live?

Pluses: median household income 5% higher than the Texas median; a poverty rate of 7.6%. Minuses: home values 13% higher than the state median; an average commute of 31 minutes; unemployment of 8.9%.

What is the median age in DeSoto?

The median age in DeSoto is 41.9 years (Texas: 35.6).

How long is the commute in DeSoto?

The average commute to work in DeSoto is 31 minutes; 17% of workers work from home.

What is the unemployment rate in DeSoto?

The unemployment rate in DeSoto is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is DeSoto?

30.1% of adults in DeSoto 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.

Last updated: