DeSoto County, Florida

Income Data

-22% vs. Florida average
$50,868
Median Household Income
$24,462
Per Capita Income

At a Glance

Median Household Income
$50,868
-22% vs. state avg
Per Capita Income
$24,462
-38% vs. national
Income-to-Housing Ratio
33.6%
income as % of home value
Rank in Florida
#57 / 67
by median household income

How DeSoto County Compares

DeSoto County$50,868
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$50,868
Median Household Income
$24,462
Per Capita Income
$151,500
Median Home Value
33.6%
Income-to-Housing Ratio

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

What is the median household income in DeSoto County, Florida?
The median household income in DeSoto County, Florida is $50,868, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in DeSoto County?
The per capita income in DeSoto County is $24,462, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $50,868.
How does DeSoto County compare to the Florida average?
DeSoto County's median household income of $50,868 is lower than the Florida state average of $65,468. The per capita income is $24,462, compared to the state average of $35,698.
What is the per capita income in DeSoto County, Florida?
The per capita income in DeSoto County, Florida is $24,462, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is DeSoto County a low-income area in Florida?
DeSoto County's median household income of $50,868 is below the Florida average of $65,468. The per capita income of $24,462 is also lower than the state average of $35,698. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does DeSoto County rank for income in Florida?
DeSoto County ranks #57 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $50,868 and per capita income of $24,462, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in DeSoto County

$
1.00x

Your income is above the DeSoto County median

County median: $50,868 per year

vs. County Median

+0%

vs. State Average

-22%

vs. National Median

-32%

vs. DeSoto County MedianAbout equal
vs. Florida Average22% below
vs. National Median32% below

Income Adequacy

Monthly income covers median rent4.7x

Your monthly income ($4,239) vs. median rent ($910/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in DeSoto County, Florida? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Florida

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.