Income & Economy in DeSoto, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$83,256

+14% vs national

Per Capita Income

$39,972

+8% vs national

Poverty Rate

7.3%

-46% vs national

Gini Index

0.4143

0 = perfect equality

Unemployment

7.5%

+45% vs national

SNAP Recipients

11.0%

of households

How DeSoto Compares

Source: Census ACS (2023)

DeSoto vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 50,000 - 100,000 residents. DeSoto is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in DeSoto. The median household income here is $83,256.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.0%
$25-50K
15.2%
$50-75K
19.6%
$75-100K
11.8%
$100-150K
21.8%
$150-200K
10.9%
$200K+
8.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.5%

+47% vs TX avg

Labor Force

31,599

Employed

29,204

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

21.1%

of adults 25+

High School Diploma+

38.3%

of adults 25+

Median Age

41.9

Work from Home

15.6%

of workers

The median household income in DeSoto, TX is $83,256, which is 13.7% above the national average of $73,224. Per capita income is $39,972. The poverty rate of 7.3% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.4143, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.5%, compared to the state average of 5.1%. 21.1% of adults hold a bachelor's degree or higher.