DeSoto, TX is an attractive city located near Dallas, Texas. It is a great place to live for those who want to be close to all the benefits of a big city while being able to enjoy the comforts of smaller-town living. The 2 bedroom rent in DeSoto is slightly higher than average at $1,630 but still much lower than other large cities in the area. The grocery cost index in DeSoto is 99 compared to 100 in the US which makes it a more affordable place to live.
Residents have access to many local companies that make up the community such as Cigna Health Insurance, Edward Jones Investments, and W2 Tax Services. In addition, there are plenty of recreational activities available such as movie theaters, bowling alleys and parks that provide lots of entertainment options for people from all walks of life. The weather is also mild year-round which makes it pleasant place to live no matter what season it is. All these factors combined make DeSoto an appealing destination for those looking for a safe and affordable place to call home.
DeSoto has an unemployment rate of 8.5%. The US average is 6.0%.
DeSoto has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.
Tax Rates for DeSoto
- The Sales Tax Rate for DeSoto is 8.3%. The US average is 7.3%.
- The Income Tax Rate for DeSoto is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for DeSoto
- The average income of a DeSoto resident is $27,576 a year. The US average is $28,555 a year.
- The Median household income of a DeSoto resident is $79,570 a year. The US average is $69,021 a year.