DeSoto County, Florida
Income Data
At a Glance
How DeSoto County Compares
Detailed Income Statistics
Data Story
About Household Income in DeSoto County, Florida
DeSoto County significantly underearns nationally
DeSoto County's median household income of $50,868 falls nearly $24,000 short of the U.S. median of $74,755—a 32% gap. This represents one of Florida's lowest median incomes, reflecting limited economic diversification and rural dependence on agriculture.
Florida's lowest-income counties
At $50,868, DeSoto County ranks among Florida's bottom tier, trailing the state average of $65,468 by over $14,000. Few Florida counties earn less, highlighting DeSoto's significant economic challenges relative to the broader state.
Lowest income in surrounding region
DeSoto County's $50,868 income falls well below Collier County ($86,173) by roughly $35,000, and trails Columbia County ($55,070) by about $4,000. The county struggles economically compared to all nearby peers, underlining its isolation from major employment hubs.
Low costs, but income remains strained
DeSoto County's rent-to-income ratio of 21.5% means renters dedicate roughly $910 monthly to housing—manageable given the county's low costs. However, the median home value of $151,500 and low median income create pressure on families seeking stability or savings.
Build resilience through incremental steps
At lower income levels, the focus shifts to emergency funds and debt reduction rather than aggressive investing. Community development financial institutions, credit counseling, and local small-business initiatives offer DeSoto County households realistic pathways to economic stability.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the DeSoto County median
County median: $50,868 per year
vs. County Median
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vs. State Average
-22%
vs. National Median
-32%
Income Adequacy
Your monthly income ($4,239) vs. median rent ($910/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.