Cost of Living in DeSoto, TX
Population: 55,896 • 2026 Data
$83,256
Median Household Income
+8% vs national
$1,478
Median Monthly Rent
+10% vs national
$282,600
Median Home Value
-17% vs national
7.5%
Unemployment Rate
Housing in DeSoto
The median home value in DeSoto, TX is $282,600. Monthly rent for a typical unit averages $1,478, while total monthly housing costs (including utilities and insurance) average $1,647.
Rent-to-income ratio: 21.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in DeSoto, TX is $83,256. The unemployment rate stands at 7.5%, with a labor force of 31,599 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.