Cost of Living in DeSoto, TX
Population 56,211 · Census ACS 2020–2024 5-year estimates
The median rent in DeSoto, TX is $1,666/month, 19% higher than the Texas median and 18% higher than the U.S. median. The median home value is $319,400, 4% lower than the national median. Households earn a median of $82,782 a year, 5% higher than the state median.
Affordability
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DeSoto vs. Texas vs. U.S.
| DeSoto | Texas | U.S. | |
|---|---|---|---|
| Median rent | $1,666 | $1,403 | $1,413 |
| Median home value | $319,400 | $283,800 | $332,700 |
| Median household income | $82,782 | $78,476 | $80,734 |
| Homeownership rate | 69.6% | 62.6% | 65.2% |
| Bachelor's degree or higher | 30.1% | 33.8% | 35.7% |
| Poverty rate | 7.6% | 13.8% | 12.5% |
| Unemployment rate | 8.9% | 5.3% | 5.2% |
| Work from home | 17.0% | 14.4% | 15.1% |
| Median age | 41.9 | 35.6 | 38.9 |
FAQ
What is the average rent in DeSoto, TX?
The median gross rent in DeSoto, TX is $1,666 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in DeSoto, TX?
Using the common 30% rule, renting a median-priced home takes about $66,640 a year in gross income.
Is DeSoto, TX expensive to live in?
Rent there is 18% higher than the U.S. median, and the median home costs about 3.9 times the median household income.
Other cities in Texas
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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